Surf Air Mobility Announces Effectiveness Of Registration Statement For Proposed Direct Listing Of Its Common Stock; Will Begin Trading On The New York Stock Exchange On July 27
Portfolio Pulse from Benzinga Newsdesk
Surf Air Mobility has announced that its registration statement for the proposed direct listing of its common stock has been approved. The company's stock will begin trading on the New York Stock Exchange on July 27.
July 25, 2023 | 6:16 pm
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POSITIVE IMPACT
Surf Air Mobility's stock will begin trading on the NYSE on July 27, potentially leading to increased visibility and liquidity for the company's shares.
The approval of the registration statement and the upcoming listing on the NYSE are significant milestones for Surf Air Mobility. This could potentially increase the visibility of the company's stock, attract more investors, and improve the liquidity of its shares. Therefore, the short-term impact on the company's stock price is expected to be positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100