Surf Air Mobility (SRFM) share prices were up more than 21% in Friday's premarket activity after the company announced share purchases by the company's chairman and co-founder.
The company said its Chairman Carl Albert had purchased 14,500 shares while co-founder and board member Sudhin Shahani purchased 17,237 shares for a total of about $110,000.
"We have near and mid-term goals to increase value for our shareholders," Albert said.
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