{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-042153","form_type":"8-K","ticker":"SURG","cik":"0001392694","company_name":"SurgePays, Inc.","filed_at":"2026-09-10T20:05:23+00:00","discovered_at":"2026-09-10T20:06:02.545689+00:00","generated_at":"2026-09-10T20:06:20.112656+00:00","sec_items":["1.01","2.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SurgePays sells ClearLine and GPOX Wireless to GPO Plus for $27.5M in Series D preferred","bullets":["Deal closed Sept 10, 2026; $27.5M paid in 25M shares of GPO Plus Series D Preferred, no cash at closing.","Put Option with Emerald Shoals guarantees $27.5M cash backstop for 3 years + 90 days from closing.","Emerald Shoals receives 5-yr warrant for 15M GPOX shares in tranches at $0.05, $0.15, $0.25.","Purchased Assets generate ~$50K monthly recurring revenue as of Sept 2, 2026; SurgePays retains MVNO business.","Closing lifts stockholders' equity above Nasdaq $2.5M/$5M thresholds; company to cure bid price, possibly via reverse split."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-042153","json":"https://secwatch.observer/filing/0001493152-26-042153.json","markdown":"https://secwatch.observer/filing/0001493152-26-042153.md","text":"https://secwatch.observer/filing/0001493152-26-042153.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1392694/000149315226042153/0001493152-26-042153-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1392694/000149315226042153/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-10T20:06:20.112656+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"}