{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-003208","form_type":"8-K","ticker":"SURG","cik":"0001392694","company_name":"SurgePays, Inc.","filed_at":"2026-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.974537+00:00","generated_at":"2026-05-16T08:43:49.056880+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"SurgePays raises ~$2.5M in underwritten offering of 2M shares at $1.25; amends ATM facility","bullets":["Underwritten public offering of 2,000,000 shares at $1.25/share for gross proceeds of ~$2.5M.","Underwriter granted 45-day option to purchase up to 300,000 additional shares at same price.","Representative's warrants issued for 3% of shares sold, exercisable at 110% of offering price for 5 years.","Net proceeds to be used for expansion of Lifeline business and general working capital.","ATM sales agreement amended to cap future sales at $1 aggregate; ~$1.78M already sold under prior facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-003208","json":"https://secwatch.observer/filing/0001493152-26-003208.json","markdown":"https://secwatch.observer/filing/0001493152-26-003208.md","text":"https://secwatch.observer/filing/0001493152-26-003208.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1392694/000149315226003208/0001493152-26-003208-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1392694/000149315226003208/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T08:43:49.056880+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":[{"claim_id":"67c1fdc0b6bb7e6e65be11a7a5080da6eec65ba3","claim":"SurgePays, Inc. entered into Underwriting Agreement with R.F. Lafferty & Co., Inc. valued at aggregate gross proceeds of approximately $2.5 million (effective 2026-01-20).","evidence_excerpt":"On January 20, 2026, SurgePays, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with R.F. Lafferty & Co., Inc., the sole book-running manager and underwriter (the “Underwriter”), relating to an underwritten offering (the “Offering”) of 2,000,000 shares (the “Shares”) of common stock, par value $0.001 per share, of the Company (the “Common Stock”) at a price to the public of $1.25 per share (the “Share Purchase Price”), for aggregate gross proceeds of approximately $2.5 million, before deducting underwriting discounts and commissions and the other estimated Offering expenses.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1392694/000149315226003208/0001493152-26-003208-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"R.F. Lafferty & Co., Inc."},{"label":"Value","value":"aggregate gross proceeds of approximately $2.5 million"},{"label":"Effective","value":"2026-01-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}