---
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"
generated_at: "2026-05-16T08:43:49.056880+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SurgePays raises ~$2.5M in underwritten offering of 2M shares at $1.25; amends ATM facility

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-003208
- JSON: https://secwatch.observer/filing/0001493152-26-003208.json
- Plain text: https://secwatch.observer/filing/0001493152-26-003208.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: R.F. Lafferty & Co., Inc.
  - Value: aggregate gross proceeds of approximately $2.5 million
  - Effective: 2026-01-20
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1392694/000149315226003208/0001493152-26-003208-index.htm

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