SurgePays Announces Pricing of $15 Million Public Offering

From GlobeNewswire:

SurgePays, Inc. has announced the pricing of its public offering of 2,678,571 shares of common stock at $5.60 per share, with expected gross proceeds of $15 million. The offering is made pursuant to an effective “shelf” registration statement and granted the underwriters a 45-day option to purchase an additional 401,785 shares. The company expects to close the offering on January 22, 2024, pending customary conditions, and utilized Titan Partners Group as book-running manager for the offering. This press release details forward-looking statements related to the offering and emphasizes the company’s focus on the underbanked and underserved communities. For more details, contact Brian M. Prenoveau, CFA, at [email protected] or +561 489 5315.



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