Surf Air Mobility Receives Continued Listing Standard Notice from NYSE

Business Wire•24/07/2026•17:15 ET

➤Surf Air Mobility (SRFM) received NYSE notice for non-compliance with Section 802.01C
➤Stock average closing price was less than $1.00 over a consecutive 30 trading-day period
➤NYSE notice has no immediate impact on (SRFM) listing; trading will continue
➤(SRFM) plans to notify NYSE within 10 business days of intent to regain compliance
➤Company has six months to regain compliance by maintaining $1.00 closing price
➤(SRFM) will consider a reverse stock split, approved by shareholders on July 24, 2026
➤Notice not anticipated to impact (SRFM) business operations or SEC reporting requirements

Surf Air Mobility continues to trade on the NYSE under ticker symbol SRFM.

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