Surf Air Mobility Inc. filed Monday plans to list their stock under the symbol SRFM at an upcoming Initial Public Offering on the New York Stock Exchange. Hawthorne Air Mobility Inc. is a California-based company that specializes in hybrid-electric or fully electric powertrain technologies for new aircrafts and fleet upgrades. The company posted a loss of $20.61 million on revenues of $5.51million, compared with a loss of $10.72 million and revenue $4.82million in the first quarter of last year. Surf Air Mobility is launching its common stock without a traditional initial public offer. The company calls this a “novel way to begin public trading.”