Form 4: Palantir Technologies Acquires 244,011 Shares of Surf Air Mobility Inc.

Palantir Technologies acquired 244,011 shares of Surf Air Mobility Inc. at $3.88 per share on March 25, 2025, increasing its direct holdings to 3,421,007 shares.

Summary

• Palantir Technologies Inc. acquired 244,011 shares of Surf Air Mobility Inc. on March 25, 2025.
• The purchase price was $3.88 per share.
• This transaction increased Palantir's direct ownership to 3,421,007 shares of Surf Air Mobility Inc.
• The shares were received as consideration for services provided by Palantir to Surf Air Mobility under a commercial agreement.
• The share value was determined based on the lower of the 5-day volume weighted average trading price and the closing price prior to issuance.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction under a pre-existing commercial agreement. There's no indication of significant positive or negative implications.

Positives

• Palantir Technologies increased its stake in Surf Air Mobility Inc., indicating continued involvement or confidence in the company.

Industry Context

This transaction reflects ongoing business relationships between technology companies like Palantir and companies in the mobility sector like Surf Air, where technology services are exchanged for equity.

Related Party Transactions

• The share acquisition is related to a commercial arrangement where Palantir provides services to Surf Air Mobility in exchange for shares or cash.

Stakeholder Impact

• The transaction may have a minor positive impact on Surf Air Mobility shareholders due to Palantir's increased stake.
• The transaction has a minor impact on Palantir shareholders as it is a small part of their overall investment portfolio.

Key Dates

Keywords

Surf Air Mobility Inc., Palantir Technologies, share acquisition, Form 4, beneficial ownership, SRFM