secwatch.observer — SEC 8-K summary
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Issuer:     SurgePays, Inc. (SURG)
CIK:        0001392694
Form:       8-K
Filed at:   2021-11-17T23:59:59+00:00
Accession:  0001493152-21-029145
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

SurgePays issues 4.17M shares in conversions of Series C Preferred and notes payable
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- Issued 4,169,738 common shares on Nov 11, 2021, exempt under Section 4(a)(2).
- CEO Kevin Cox received 3,578,578 shares (Series C conversion and note conversion from SMDMM).
- President Anthony Nuzzo received 360,000 shares; subsidiary CSO Carter Matzinger received 231,160 shares.
- Issuance follows Nov 4 underwritten public offering; terms previously disclosed in prospectus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1392694/000149315221029145/0001493152-21-029145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1392694/000149315221029145/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-029145

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer