Surgepays Inc Stock Price, News & Analysis

SurgePays (NASDAQ:SURG) announced the closing of an underwritten public offering of 2,000,000 shares of common stock at $1.25 per share on January 26, 2026, producing gross proceeds of approximately $2.5 million.

The company granted the underwriter a 45-day option to purchase up to an additional 300,000 shares to cover over-allotments. R.F. Lafferty & Co. acted as sole book-running manager. The shares were offered under a shelf registration on Form S-3 (declared effective November 3, 2023) and the offering materials were filed with the SEC.

Over 100 retail investors participated; reported proceeds are before underwriting discounts and offering expenses.

SurgePays (NASDAQ:SURG) priced an underwritten public offering of 2,000,000 shares of common stock at $1.25 per share, for aggregate gross proceeds of approximately $2.5 million before underwriting discounts and offering expenses. The company granted the underwriters a 45-day option to purchase up to an additional 300,000 shares to cover over-allotments. The offering is expected to close on January 22, 2026, subject to customary closing conditions, with R.F. Lafferty & Co. acting as sole book-running manager. Shares are offered pursuant to an effective Form S-3 registration statement (File No. 333-273110).

SurgePays (NASDAQ: SURG) announced on January 20, 2026 that it has commenced an underwritten public offering of its common stock and/or pre-funded warrants. The offering will be led by R.F. Lafferty & Co., Inc. as sole book-running manager and is being made under a shelf registration statement on Form S-3 (File No. 333-273110) declared effective by the SEC on November 3, 2023. The company said the offering is subject to market conditions and that a prospectus supplement describing the offering terms will be filed with the SEC. The release notes that this announcement is not an offer to sell or a solicitation to buy and that sales are subject to applicable securities laws.

SurgePays (NASDAQ: SURG) added three subprime lead generation aggregators to its ProgramBenefits platform on Dec 4, 2025, aiming to scale customer acquisition and monetize subprime consumers across wireless, credit and benefit programs.

The integrations are expected to route 10,000 new subprime leads per day at full scale. All traffic passes through SurgePays' LogicsIQ engine to match consumers with offers across wireless, credit, financial services, healthcare savings and lifestyle benefits. SurgePays cites a nationwide retailer footprint of more than 9,000 locations and access to a 138 million adult subprime sector as distribution advantages for ProgramBenefits.

SurgePays (NASDAQ: SURG) launched ProgramBenefits.com on November 13, 2025 as the next phase of its data monetization strategy. The platform reengineers SurgePays’ legacy LogicsIQ intake system to convert verified benefit-qualified consumers into recurring revenue through lead monetization and direct wireless subscriber conversions for brands including Torch Wireless and LinkUp Mobile.

The company cites the legacy platform previously generated more than $50 million in revenue in another industry and targets an underserved market it estimates at ~138 million adults (57% of U.S. consumers). The portal aims to lower customer acquisition costs and build a verified data asset for partners and SurgePays’ own brands.

SurgePays (NASDAQ:SURG) reported Q3 2025 net revenue of $18.7 million, up 292% year-over-year and 62% sequentially. The company reaffirmed 2026 revenue guidance of $225 million.

Operational highlights include Torch Wireless revenue of $5.6 million with over 125,000 subscribers, LinkUp Mobile reaching over 95,000 recurring active subscribers, three MVNE partners onboarded, and expanded retail distribution via partners such as HT Hackney. Gross profit loss improved to $(2.6) million from $(7.8) million a year earlier; SG&A improved to $4.2 million from $6.2 million.

As of Nov 10, 2025, common shares outstanding totaled 20,431,549. A conference call and webcast were scheduled for Nov 12, 2025 at 5:00 p.m. ET.

GPO Plus (OTCQB:GPOX) reported an annualized revenue run rate of approximately $6.3 million as of November 6, 2025, up from about $1.08 million at acquisition in April 2023 — a 483% increase. Gross operational margins improved from 15% to 28%. The company cites PRISM+AI-driven logistics, margin expansion, and market diversification as drivers while targeting 1,500 active retail partners and raising monthly sales per store from ~$1,000 to >$2,000 via new products, private label, and sales channels. Strategic initiatives include national product programs, a Las Vegas call center, DISTRO+Cash+Carry hubs, and a partnership with SurgePays (NASDAQ:SURG) to access a 10,000+ retail network.

SurgePays (NASDAQ:SURG) will host a conference call to report third quarter 2025 financial results for the period ended September 30, 2025. The company will present results and commentary on Wednesday, November 12, 2025 at 5:00 p.m. ET.

Dial-in details: 1-888-506-0062 with access code 350444. A live webcast is available at https://ir.surgepays.com/company-events. The webcast replay will remain available until 12:00 a.m. ET on Thursday, November 12, 2026.

SurgePays (NASDAQ: SURG) launched a free wireless program under its LinkUp Mobile prepaid brand for households receiving SNAP/EBT benefits, announced Oct. 30, 2025. Eligible households can sign up at www.USASNAP.com for unlimited talk and text plus 3GB of monthly data for up to five users per household.

The initiative is positioned as emergency relief during an ongoing government shutdown that may pause SNAP benefit payments at month-end; the company framed the offer as supporting underserved, underbanked families who rely on assistance.