---
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"
generated_at: "2026-09-10T20:06:20.112656+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SurgePays sells ClearLine and GPOX Wireless to GPO Plus for $27.5M in Series D preferred

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-042153
- JSON: https://secwatch.observer/filing/0001493152-26-042153.json
- Plain text: https://secwatch.observer/filing/0001493152-26-042153.txt

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