Tuscan Holdings Corp. II and Surf Air Mobility Inc. Announce Mutual Termination of Merger Agreement

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Nov 16, 2022

Tuscan Holdings Corp. II (Nasdaq: THCA), a special purpose acquisition company, and Surf Air Mobility Inc., a regional air travel company working to accelerate the adoption of green aviation, announced today that they have terminated their previously announced agreement and plan of merger, effective immediately, by the mutual agreement of all relevant parties. The termination was approved by both companies’ boards of directors.