Surf Air Mobility To Go Public Solo after Merger Busted
The merger between Surf Air Mobility and Tuscan Holdings Corp. II has been "mutually terminated."
Surf Air Mobility scuttled its plans in April to acquire Ampaire, which is developing a hybrid-electric version of the Cessna Grand Caravan. (Photo: Surf Air Mobility)
Surf Air Mobility scuttled its plans in April to acquire Ampaire, which is developing a hybrid-electric version of the Cessna Grand Caravan. (Photo: Surf Air Mobility)

Flight booking platform Surf Air Mobility will be going public on its own following the termination this week of its $1.42 billion merger with special purpose acquisition company (SPAC) Tuscan Holdings Corporation II. The “mutually agreed” termination was approved by both companies’ board of directors, according to a filing with the Securities and Exchange Commission (SEC).