Surf Air Mobility Inc. said Wednesday it plans to pursue a direct listing to go public and that it will no longer merger with special purpose acquisition company Tuscan Holdings Corp. II in a deal that was valued at $1.42 billion when it was announced in May. Surf Air Mobility said it filed a confidential submission of a draft registration statement on form S-1 with the Securities and Exchange Commission for a proposed direct listing of its common stock. Surf Air Mobility specializes in bringing
LOS ANGELES, November 16, 2022--Tuscan Holdings Corp. II (Nasdaq: THCA), a special purpose acquisition company, and Surf Air Mobility Inc., a regional air travel company working to accelerate the adoption of green aviation, announced today that they have terminated their previously announced agreement and plan of merger, effective immediately, by the mutual agreement of all relevant parties. The termination was approved by both companies’ boards of directors.
LOS ANGELES, October 24, 2022--Tuscan Holdings Corp. II (Nasdaq: THCA) ("THCA"), a publicly listed special purpose acquisition company ("SPAC"), and Surf Air Mobility Inc. ("SAM"), a regional air travel company working to accelerate the adoption of green aviation, today announced the filing by SAM with the U.S. Securities and Exchange Commission ("SEC") of a registration statement on Form S-4 (the "Registration Statement") relating to the previously announced proposed business combination of THC