secwatch.observer — SEC 8-K summary
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Issuer:     SurgePays, Inc. (SURG)
CIK:        0001392694
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0001493152-24-005932
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

SurgePays closes over-allotment option, raising total $17.25M in equity offering
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- Underwriters exercised full 45-day option for 401,785 additional shares at $5.60 per share.
- Additional gross proceeds of ~$2.25 million; total shares issued in offering now 3,080,356.
- Total gross proceeds from offering, including over-allotment, is approximately $17.25 million.
- Offering previously announced on January 22, 2024; proceeds for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1392694/000149315224005932/0001493152-24-005932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1392694/000149315224005932/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-005932

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