{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-041243","form_type":"8-K","ticker":"SURG","cik":"0001392694","company_name":"SurgePays, Inc.","filed_at":"2024-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.324905+00:00","generated_at":"2026-05-30T13:39:29.314640+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SurgePays signs MSA with TerraCom; $1M escrow for potential majority acquisition","bullets":["Master Services Agreement with TerraCom effective Oct 3, 2024 to enroll Lifeline Program customers.","SurgePays receives actual revenue from enrolled customers less a monthly transaction fee.","Negotiating stock purchase agreement for majority stake in TerraCom; $1M placed in escrow.","MSA initial term 90 days; if terminated, SurgePays can move up to 50% of customers to alternative provider.","Escrow returned to SurgePays if stock purchase agreement is not closed within MSA timeline."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-041243","json":"https://secwatch.observer/filing/0001493152-24-041243.json","markdown":"https://secwatch.observer/filing/0001493152-24-041243.md","text":"https://secwatch.observer/filing/0001493152-24-041243.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1392694/000149315224041243/0001493152-24-041243-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1392694/000149315224041243/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T13:39:29.314640+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}