Tuscan Holdings Corp. II (THCA) to Combine with Surf Air Mobility in $1.4Bn Deal

Tuscan Holdings Corp. II (THCA) to Combine with Surf Air Mobility in $1.4Bn Deal

Tuscan II (NASDAQ:THCA) has entered into a definitive agreement to combine with Surf Air Mobility at an enterprise value of $1.42 billion. Los Angeles-based Surf Air is developing technology to electrify small passenger aircraft and has agreed to merge with commuter airline Southern Airways concurrently with the close of the business combination. The combined company
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