SURG News & Events

SurgePays announced the pricing of its previously announced underwritten public offering of 2,000,000 shares of common stock at a public offering price of $1.25 per share, for aggregate gross proceeds of approximately $2.5M, prior to deducting underwriting discounts and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 shares of common stock at the public offering price per share, less underwriting discounts, to cover over-allotments, if any. The offering is expected to close on January 22, subject satisfaction of customary closing conditions. R.F. Lafferty & Co. is acting as the sole book-running manager for the offering.

SurgePays announced it has commenced an underwritten public offering of its common stock and/or pre-funded warrants. All shares of common stock and/or pre-funded warrants in the offering are to be offered by the company. R.F. Lafferty & Co., Inc. is acting as the sole book-running manager for the offering.

Alpha Modus Financial Services, a division of Alpha Modus Holdings (AMOD), and SurgePays (SURG) announced the signing of a Letter of Intent to establish a commercial integration and distribution partnership. "This strategic alliance is designed to expand financial access, enhance in-store engagement, and deliver a modern suite of digital services to subprime and underserved consumers nationwide," the company said.