Surgepays Inc Stock Price, News & Analysis

SurgePays (NASDAQ: SURG) will showcase its latest innovations at the All Wireless and Prepaid Expo in Las Vegas from August 19-20, 2025. As a gold sponsor, the company will feature two key offerings at booth 720: their new "phone-in-a-box" LinkUp Mobile prepaid service smartphones and the ClearLine point-of-sale marketing platform.

The LinkUp Mobile phones come preloaded with SIM cards and first month of service including 12GB data and unlimited voice/text across North America on the AT&T network. The ClearLine platform offers SaaS solutions for in-store marketing, loyalty programs, and NFC/QR engagement. Additionally, SurgePays will showcase their new ClearLine NFC Card, a digital alternative to traditional business cards.

VP of Product Nate Moshkovich will lead a workshop on real-time marketing strategies during the conference.

SurgePays (NASDAQ: SURG) has launched a new "phone-in-a-box" prepaid service under its LinkUp Mobile MVNO brand, operating on the AT&T network. The service offers ready-to-go smartphone kits specifically designed for convenience stores and non-wireless retail channels.

The offering includes two models: The Better Phone with a 6.3-inch screen, 32GB storage, and 2GB RAM, and The Best Phone with a 6.5-inch screen, 32GB storage, and 3GB RAM expandable to 6GB. Both phones come with the first month of service included, featuring 12GB of data and unlimited voice/text in the US, Canada, and Mexico for $30 monthly.

The service requires no credit checks or contracts, with a simple six-question activation process designed for grab-and-go convenience.

SurgePays (NASDAQ: SURG), a wireless, fintech, and point-of-sale technology company, has announced its participation in the upcoming iAccess Alpha Virtual Best Ideas Summer Investment Conference 2025. CEO Brian Cox will present at the conference on Tuesday, June 24th at 10:00 a.m. ET. The virtual event will take place over two days, June 24-25, 2025. Investors interested in scheduling one-on-one meetings with CEO Brian Cox can arrange them through KCSA Strategic Communications. The presentation will be accessible via webcast through the company's investor relations website.

SurgePays (NASDAQ: SURG) reported Q1 2025 results highlighting its completed AT&T integration and nationwide launch as both a Mobile Virtual Network Operator (MVNO) and Enabler (MVNE). The company has shipped over 250,000 SIM cards and secured $7 million in financing, including $6 million in cash. SurgePays is projecting revenue exceeding $200 million for the 12 months starting April 1, 2025, with positive operating cash flow expected before year-end. Key operational highlights include 3 MVNOs fully integrated with 2 more onboarding, successful "Phone in a Box" launch selling 2,600 smartphones in under 30 days, and promotion of Derron Winfrey to President of Sales and Operations. The company's cash position was $5.4 million as of March 31, 2025, supplemented by the new financing with a 15% interest rate and $4 per share conversion price.

SurgePays (NASDAQ: SURG) has secured a $7 million senior secured convertible note from an existing institutional shareholder. The note matures in two years and becomes convertible into common stock at a fixed price of $4.00 per share after eight months. The deal includes $6 million in cash and the company's repurchase of 333,333 shares from the holder's equity position.

The financing will support the nationwide launch of LinkUp Mobile and expand the MVNE wholesale business following AT&T integration. Management projects revenue to exceed $200 million in the next 12 months starting April 1, 2025, and expects to achieve positive cash flow from operations by end of 2025.

SurgePays (NASDAQ: SURG), a wireless and point-of-sale technology company, has scheduled its first quarter 2025 financial results announcement for Tuesday, May 13, 2025, after market close. The company will host a conference call at 5:00 p.m. ET the same day to discuss the results.

Investors can access the live webcast through the company's IR website at ir.surgepays.com. For telephone access, U.S. participants can dial 877-545-0523, while international callers should use 973-528-0016 (access code: 877643). A replay will be available until May 27, 2025, accessible at 877-481-4010 (U.S.) or 919-882-2331 (international) with passcode 52439.

SurgePays (SURG) has completed its nationwide launch on the AT&T network as a mobile virtual network operator (MVNO), marking a significant expansion of its wireless services capabilities. The company has already shipped over 250,000 SIM cards to customers and retail partners, with an additional 500,000 SIMs on order to meet growing demand.

The integration process, completed on April 1, 2025, took less than six months from contract execution to full network migration. SurgePays now operates through three main revenue channels:

• Direct-to-consumer prepaid services via LinkUp Mobile
• Government-subsidized Lifeline mobile offerings
• MVNE infrastructure for wholesale partners

Following a multi-year MVNO agreement signed with AT&T in November 2024, SurgePays can now provide nationwide 4G LTE and 5G services under its LinkUp Mobile brand while also offering telecom infrastructure to other mobile providers through its MVNE platform.

SurgePays (Nasdaq: SURG) has promoted Derron Winfrey to President, Sales and Operations. Winfrey, who joined SurgePays through its 2019 acquisition of ECS Prepaid, will oversee the company's expanding sales organization focusing on LinkUp Mobile prepaid wireless service, prepaid top-ups, financial services, federal Lifeline programs, and the Clearline marketing platform.

In his new role, Winfrey will lead the operational buildout of the company's new sales center in El Salvador and drive customer experience improvements. With over 25 years of fintech and wireless industry experience, he previously founded ECS Prepaid and served as president of Softgate Systems, which achieved 110% volume growth under his leadership.

SurgePays (Nasdaq: SURG), a wireless and point of sale technology company, has announced its participation in an upcoming Water Tower Research Fireside Chat scheduled for Tuesday, April 8, 2025, at 11:00 a.m. Eastern Time.

The event will feature CEO Brian Cox in discussion with Water Tower Research Managing Director Kunal Madhukar. Key topics to be covered include:

• SurgePays' return to growth and forward expectations
• Building the company's world class leadership team
• The mobile virtual network enabler (MVNE) and wholesale strategy

The Fireside Chat will be accessible to all investors through open registration via Water Tower Research.