Jason Helfstein

Benjamin Klieve

Jon Hickman

Laura Lee

Mahima Kakani

Ben Klieve

Bill Peterson

Laura Li

William Peterson

Xin Yu

- **Blade Air Mobility, Inc.** has rebranded to **Strata Critical Medical, Inc.**, with its common stock and public warrants now trading under **SRTA** and **SRTAW** as of August 29, 2025.  **[1779128_0001104659-25-085185_tm2524340d2_8k.htm:0]** **[1779128_0001104659-25-085185_tm2524340d2_ex99-2.htm:0]** **[1779128_0001104659-25-085185_tm2524340d2_8k.htm:6]** 
- The company completed the sale of its **Passenger business** to Joby Aero, Inc. on August 29, 2025, for an initial consideration of approximately **$76.0 million** in Joby Aviation's common stock, with potential for up to **$45.0 million** in additional consideration.  **[1779128_0001104659-25-085185_tm2524340d2_ex99-1.htm:0]** **[1779128_0001104659-25-085185_tm2524340d2_ex99-2.htm:0]** 
- This divestiture marks a strategic shift, with the company now **solely focused on organ logistics and other medical services**.  **[1779128_0001104659-25-085185_tm2524340d2_ex99-2.htm:0]** 
- The company updated its **full-year 2025 financial guidance** to reflect the divestiture, projecting **revenue of $160-170 million** and **double-digit Adjusted EBITDA**.  **[1779128_0001104659-25-085185_tm2524340d2_ex99-2.htm:0]** **[1779128_0001104659-25-085185_tm2524340d2_ex99-2.htm:1]** 
- **Melissa Tomkiel** and **William Heyburn** were appointed as **co-Chief Executive Officers** and joined the Board of Directors, effective August 28, 2025.  **[1779128_0001104659-25-085185_tm2524340d2_8k.htm:3]**

Strata Critical Medical Completes Passenger Business Sale, Rebrands, and Updates Guidance

- **Blade Air Mobility, Inc.** will rebrand as **Strata Critical Medical, Inc.** effective **August 28, 2025**, to focus exclusively on **mission-critical logistics and medical services**.  **[1779128_14a8951292774500a06f127da9e1f960]** 
- Starting **August 29, 2025**, the company's stock will trade on the Nasdaq Capital Market under the new ticker symbol **"SRTA"**.  **[1779128_14a8951292774500a06f127da9e1f960]** 
- This strategic shift follows the **sale of Blade's Passenger business to Joby Aviation**, marking an exit from passenger air transport to concentrate on medical logistics, including organ transplants.  **[1779128_14a8951292774500a06f127da9e1f960]** 
- There will be **no changes to CUSIP numbers or securityholder rights**, and no action is required from securityholders.  **[1779128_14a8951292774500a06f127da9e1f960]**

Blade Air Mobility to Rebrand as Strata Critical Medical

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