Surf Air risked delisting for failing to maintain a $50 million market capitalization and a stockholders’ equity of less than $50 million.
On November 20, 2025, Surf Air Mobility Inc. received notification from the New York Stock Exchange that it had regained compliance with the NYSE’s quantitative continued listing standard.
Regaining compliance was a result of Surf Air’s achieving the New York Stock Exchange’s minimum market capitalization and stockholders’ equity requirements.
Surf Air had initially received its notice on non-compliance on May 20, 2024.
The non-compliance resulted from failing to maintain an average market capitalization of at least $50 million over a 30-day trading period and a stockholders’ equity of less than $50 million.