SCHEDULE: Palantir Discloses 9.9% Stake in Surf Air Mobility

Palantir Technologies Inc. has disclosed a 9.9% beneficial ownership stake in Surf Air Mobility Inc., holding 4,461,564 common shares.

Summary

• Palantir Technologies Inc. reported beneficial ownership of 4,461,564 shares of Surf Air Mobility Inc. common stock.
• This stake represents 9.9% of Surf Air Mobility's outstanding common stock.
• The percentage is based on 44,789,644 shares of common stock outstanding as of September 8, 2025, as provided by the Issuer.
• Palantir Technologies Inc. holds sole voting power and sole dispositive power over all 4,461,564 shares.
• The securities were not acquired and are not held for the purpose of changing or influencing the control of Surf Air Mobility Inc., other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive. While a routine disclosure, the continued significant stake by Palantir Technologies Inc. in Surf Air Mobility Inc. can be interpreted as a vote of confidence from a sophisticated investor, which is generally a positive signal for the issuer.

Positives

• Palantir Technologies Inc., a prominent technology company, maintains a significant 9.9% stake in Surf Air Mobility Inc., indicating continued confidence in the company's prospects.
• The filing explicitly states the shares are not held for the purpose of changing or influencing control, which can provide stability and reduce concerns about hostile takeovers for existing management and shareholders.

Risks

• While Palantir's stake is significant, it is below the 10% threshold, which could limit its influence on major corporate decisions without further accumulation or specific agreements.
• The concentration of a significant portion of the company's stock in a single entity, even a passive one, could potentially impact liquidity for other shareholders if Palantir were to significantly alter its position.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding future operational or financial performance of Surf Air Mobility Inc. or Palantir Technologies Inc.'s future investment plans beyond the current beneficial ownership.

Industry Context

Palantir Technologies Inc.'s continued significant investment in Surf Air Mobility Inc. highlights a potential strategic interest from a major data analytics and AI company in the evolving aviation technology sector, particularly in sustainable and regional air travel. This could signal a broader trend of technology firms investing in or partnering with companies focused on modernizing transportation infrastructure.

Comparison to Industry Standards

• A 9.9% beneficial ownership stake is a substantial, but non-controlling, position, often indicative of a strategic investment or a significant passive holding. This is a common approach for large institutional investors or corporate entities like Palantir to gain exposure to a sector or company without assuming direct operational control.
• Compared to other tech giants, Palantir's investment in a specific aviation company like Surf Air Mobility suggests a targeted approach, potentially leveraging its data capabilities to support the growth of its portfolio companies, similar to how some venture capital arms of tech companies operate.

Stakeholder Impact

• Shareholders of Surf Air Mobility Inc. may view Palantir's continued significant stake as a positive endorsement, potentially bolstering investor confidence and the company's market valuation.
• For Palantir Technologies Inc., this filing confirms its existing investment in the aviation sector, aligning with its broader strategy of investing in and partnering with innovative companies.

Key Dates

Recommendation

Palantir's continued significant stake in Surf Air Mobility Inc. suggests ongoing confidence from a major technology player. While this filing is a routine disclosure and doesn't offer new operational or financial performance data, the endorsement from a sophisticated investor like Palantir could be a positive signal for Surf Air's long-term prospects. For existing shareholders, maintaining a 'hold' position is prudent to observe further developments and operational performance. New investors might consider this a positive indicator but should await more comprehensive financial reporting before making a 'buy' decision.

Keywords

Palantir Technologies, Surf Air Mobility, beneficial ownership, equity stake, common stock, Schedule 13G, aviation technology, PLTR, SRFM