Welcome to our dedicated page for Surge Components N Y SEC filings (Ticker: SPRS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Surge Components, Inc. (SPRS), a business-to-business supplier of electronic components such as capacitors, discrete semiconductors, switches and audible/sounding devices. These regulatory documents complement the company’s news releases by offering detailed financial statements, risk disclosures, governance information and voting results.
Through its annual reports on Form 10-K, Surge Components presents audited financial statements and discussions of its results of operations, including how net sales, gross profit and margins are affected by factors such as customer inventory levels, pricing pressure and tariffs on certain imported products. Quarterly reports on Form 10-Q provide interim updates on these same themes, including commentary on relationships with original equipment manufacturers, distributors and electronic manufacturing service subcontractor customers, as well as rebate arrangements that can influence margins.
Current reports on Form 8-K for SPRS include items such as the results of the company’s annual meeting of stockholders. For example, a recent Form 8-K reported votes on the election of directors, ratification of the appointment of the independent registered public accounting firm, and ratification of an amendment to the stockholder rights plan. These filings help investors understand corporate actions, governance decisions and other material events.
The company’s definitive proxy statements (DEF 14A) describe matters submitted to stockholders, including board elections, auditor ratification and rights plan amendments, and provide information on corporate governance and executive compensation. On this page, users can review these filings with the support of AI-powered summaries that highlight key sections, explain technical terms and draw attention to items such as voting outcomes and rights plan changes, helping make lengthy documents more accessible.
Zeff Capital, LP, Zeff Holding Company, LLC and Daniel Zeff report a passive ownership stake in Surge Components, Inc. common stock on an amended Schedule 13G. The group reports beneficial ownership of 462,215 shares, representing 8.1% of the outstanding common stock, based on 5,706,732 shares outstanding as of October 11, 2025, as disclosed by the company.
All three reporting persons list the same share amount and percentage and describe shared power to vote and dispose of these shares, with no sole voting or dispositive power. They certify that the securities were not acquired to change or influence control of Surge Components and are not held in connection with any control-related transaction, indicating a passive investment stance rather than an activist position.
Surge Components, Inc. reported the results of its 2025 Annual Meeting of stockholders held on November 25, 2025. Stockholders elected six directors — Ira Levy, Steven J. Lubman, Alan Plafker, Peter Levy, Lawrence Chariton, and Gary Jacobs — to serve until the 2026 annual meeting, with each nominee receiving a substantial majority of votes cast, alongside broker non-votes.
Stockholders also ratified the appointment of Seligson & Giannattasio, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, with 4,243,348 votes for, 18,295 against, and 169,646 abstentions. In addition, stockholders approved a proposal to ratify an amendment to the company’s rights plan to amend and extend the plan for three years, with 2,650.921 votes for, 401,410 against, 44,734 abstentions, and 1,334,224 broker non-votes.
Surge Components, Inc. called its virtual Annual Meeting for November 25, 2025 at 10:00 a.m. ET. Stockholders will vote on three items: electing six directors; ratifying Seligson & Giannattasio, LLP as independent auditor for the fiscal year ending November 30, 2025; and ratifying an amendment to the stockholder rights plan.
The rights plan proposal would extend the plan to October 7, 2028 and raise the trigger at which a holder becomes an “Acquiring Person” from 4.99% to 9.99%. If stockholders do not ratify this amendment, the plan will terminate after the meeting. The Board states the plan was adopted to protect stockholder value and, historically, potential NOLs.
Directors are elected by plurality, while auditor ratification and the rights plan amendment require a majority of shares present and entitled to vote. The Board recommends voting FOR all proposals. The record date is October 20, 2025. Shares outstanding were 5,706,732 as of that date.
Zeff Capital, Zeff Holding Company, and Daniel Zeff filed a Schedule 13G reporting beneficial ownership of 335,000 shares of Surge Components, Inc. common stock, representing 5.9% of the class. The group reports shared voting and dispositive power over all 335,000 shares and no sole power.
The ownership percentage is calculated using 5,706,732 shares outstanding as of October 11, 2025, as cited from the company’s Form 10‑Q for the quarter ended August 31, 2025. The filing is certified under Schedule 13G that the securities were not acquired to change or influence control.
Surge Components (SPRS) calls its 2025 annual meeting for November 25, 2025 at 10:00 a.m. ET, to be held virtually. Stockholders will vote to elect six directors, ratify Seligson & Giannattasio, LLP as independent auditor for the fiscal year ending November 30, 2025, and ratify an amendment to the stockholder rights plan to extend it to October 7, 2028 and raise the trigger for an “Acquiring Person” from 4.99% to 9.99%.
The Board recommends voting FOR all nominees and FOR Proposals 2 and 3. The record date is October 20, 2025. Directors are elected by plurality; Proposal 2 and Proposal 3 each require a majority of the voting power of shares present and entitled to vote. As of October 20, 2025, shares outstanding were 5,706,732, each entitled to one vote.
The company notes the plan’s deterrent features and that holders at or above 9.99% as of October 7, 2025 are limited from further acquisitions without triggering the plan. Voting is available by mail, email, fax, or online during the virtual meeting.
Surge Components (SPRS) filed its quarterly report, showing higher sales and steady profitability. Net sales for the nine months ended August 31, 2025 rose 18.1% to $26,422,494, while three-month sales reached $10,274,031. Gross profit for the nine months increased to $7,578,808, though gross margin eased to 28.7% from 29.2% as pricing pressure and customer rebates weighed on mix.
Net income for the nine months was $647,525, up from $570,290, with basic and diluted EPS at $0.11. For the quarter, net income was $472,205. Operating expenses rose, driven by $518,954 of stock-based compensation and higher salaries and professional costs. Investment income contributed $284,181 amid holdings in U.S. Treasury securities.
Liquidity remained solid with $4,275,802 in cash, $8,665,967 in marketable securities, and working capital of $20,185,771 as of August 31, 2025. The company reported no debt on its $3,000,000 credit line and noted customer concentration and tariff pass-throughs. Common shares outstanding were 5,706,732 as of October 11, 2025.