Blade Air Mobility Files 8-K for Other Events
Ticker: SRTAW · Form: 8-K · Filed: Mar 20, 2024 · CIK: 1779128
| Field | Detail |
|---|---|
| Company | Blade Air Mobility, Inc. (SRTAW) |
| Form Type | 8-K |
| Filed Date | Mar 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 B, $20.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, filing, disclosure
TL;DR
Blade Air Mobility filed a routine 8-K, no major news.
AI Summary
Blade Air Mobility, Inc. filed an 8-K on March 20, 2024, to report other events and file financial statements and exhibits. The filing does not detail specific transactions or financial results but serves as a procedural update.
Why It Matters
This filing indicates a routine update from Blade Air Mobility, Inc., providing necessary disclosures to the SEC without announcing new material events.
Risk Assessment
Risk Level: low — The filing is a standard procedural update and does not contain information that would immediately impact the company's risk profile.
Key Players & Entities
- Blade Air Mobility, Inc. (company) — Registrant
- Experience Investment Corp. (company) — Former company name
- March 20, 2024 (date) — Filing date
FAQ
What is the primary purpose of this 8-K filing for Blade Air Mobility, Inc.?
The primary purpose of this 8-K filing is to report 'Other Events' and to file 'Financial Statements and Exhibits' as of March 20, 2024.
When was the report filed with the SEC?
The report was filed on March 20, 2024.
What was Blade Air Mobility, Inc.'s former company name?
Blade Air Mobility, Inc.'s former company name was Experience Investment Corp.
In which state was Blade Air Mobility, Inc. incorporated?
Blade Air Mobility, Inc. was incorporated in Delaware.
What is the principal executive office address for Blade Air Mobility, Inc.?
The principal executive office address is 55 Hudson Yards, 14th Floor, New York, NY 10001.
Filing Stats: 538 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-03-20 08:22:02
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share BLDE The Nasdaq Stock Market
- $11.50 B — one share of Common Stock at a price of $11.50 BLDEW The Nasdaq Stock Market Indicate
- $20.0 million — mpany is authorized to repurchase up to $20.0 million shares of the Company's Class A common
Filing Documents
- blde-20240320.htm (8-K) — 29KB
- exhibit991pressrelease-sto.htm (EX-99.1) — 13KB
- image_0a.jpg (GRAPHIC) — 3KB
- 0001779128-24-000040.txt ( ) — 218KB
- blde-20240320.xsd (EX-101.SCH) — 2KB
- blde-20240320_def.xml (EX-101.DEF) — 16KB
- blde-20240320_lab.xml (EX-101.LAB) — 28KB
- blde-20240320_pre.xml (EX-101.PRE) — 17KB
- blde-20240320_htm.xml (XML) — 4KB
01 - Other Events
Item 8.01 - Other Events. On March 20, 2024, the Company announced that its board of directors (the "Board") approved a share repurchase program (the "Share Repurchase Program") pursuant to which the Company is authorized to repurchase up to $20.0 million shares of the Company's Class A common stock. The Share Repurchase Program is effective immediately, will expire on March 31, 2025, and is expected to be funded using the Company's cash on hand and cash from operations. Repurchases under the Share Repurchase Program may be made, from time to time, in amounts and at prices the Company deems appropriate. Repurchases by the Company under the Share Repurchase Program will be subject to general market and economic conditions, applicable legal requirements and other considerations, and the Share Repurchase Program may be suspended, modified or discontinued by the Board at any time without prior notice at the Company's discretion.
01 - Financial Statements and Exhibits
Item 9.01 - Financial Statements and Exhibits (d) The following exhibits are being filed herewith: Exhibit No. Description 99.1 Press Release, dated March 20, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLADE AIR MOBILITY, INC. Date: March 20, 2024 By: /s/ William A. Heyburn Name: William A. Heyburn Title: Chief Financial Officer