---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-031540"
form_type: "8-K"
ticker: "SURG"
cik: "0001392694"
company_name: "SurgePays, Inc."
filed_at: "2026-07-01T20:05:18+00:00"
generated_at: "2026-07-01T20:06:44.122947+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SurgePays amends AT&T deal; eliminates $50M minimum spend, gains $8.5M

## Summary
- Amendment eliminates remaining $50M minimum spend commitment over initial 3-year term.
- AT&T forgives ~$10.3M in previously billed minimum-commitment charges exceeding actual usage.
- Company expects lower acquisition and monthly subscriber costs, improving operating margins.
- Gain of ~$8.5M in Q2 2026 from reversal of minimum-commitment expenses reported in Q1 2026.
- Accounts payable reduced by ~$10.3M; favorable impact on net income and stockholders' equity.

## SEC filing metadata
- accession: 0001493152-26-031540
- form_type: 8-K
- ticker: SURG
- cik: 0001392694
- company_name: SurgePays, Inc.
- filed_at: 2026-07-01T20:05:18+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392694/000149315226031540/0001493152-26-031540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392694/000149315226031540/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-031540
- JSON: https://secwatch.observer/filing/0001493152-26-031540.json
- Plain text: https://secwatch.observer/filing/0001493152-26-031540.txt

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