---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-009659"
form_type: "8-K"
ticker: "SURG"
cik: "0001392694"
company_name: "SurgePays, Inc."
filed_at: "2022-04-12T23:59:59+00:00"
generated_at: "2026-06-26T07:53:10.181648+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SurgePays acquires Torch Wireless for $800k; expands subsidized mobile broadband to all 50 states

## Summary
- Acquired Torch Wireless for $800k cash plus monthly residual payments of $2-$3 per customer enrolled through Dec 31, 2022.
- Torch provides subsidized mobile broadband via FCC's ACP; SurgePays now eligible in all 50 states (up from 14).
- CEO says acquisition is accretive with zero shareholder dilution; no equity was issued.
- Torch is also a licensed lifeline carrier; nationwide online enrollment expected to lower subscriber acquisition costs.

## SEC filing metadata
- accession: 0001493152-22-009659
- form_type: 8-K
- ticker: SURG
- cik: 0001392694
- company_name: SurgePays, Inc.
- filed_at: 2022-04-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392694/000149315222009659/0001493152-22-009659-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392694/000149315222009659/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-009659
- JSON: https://secwatch.observer/filing/0001493152-22-009659.json
- Plain text: https://secwatch.observer/filing/0001493152-22-009659.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.