[SCHEDULE 13G] SurgePays, Inc. Warrant SEC Filing

Rhea-AI Filing Summary

Bradley James Crosby filed a Schedule 13G reporting beneficial ownership of 1,217,063 shares of SurgePays, Inc. Class A common stock, representing 5.96% of the class. The filing lists sole voting and dispositive power over all reported shares and gives the issuer address as 3124 Brother Blvd, Suite 104, Bartlett, TN 38133. The filing states the securities were not acquired to influence control of the issuer and is signed by Mr. Crosby on 09/08/2025. The report identifies the filing under CUSIP 86882L204 and indicates U.S. citizenship for the reporting person.

Positive

• Material disclosure of a >5% ownership position (1,217,063 shares, 5.96%), increasing transparency for investors
• Clear statement that the shares are held passively and not to influence control, filed on Schedule 13G consistent with passive ownership

Negative

• None.

Insights

Securities Analyst

TL;DR: Disclosure shows a passive stake just above 5% threshold, creating potential investor interest but no stated control intent.

The filing reports a 5.96% beneficial ownership position, which exceeds the typical 5% reporting threshold and therefore must be disclosed publicly. The reporter claims sole voting and dispositive power over 1,217,063 shares and certifies the stake is not held to influence control. This is a routine beneficial ownership disclosure under Schedule 13G rather than an active 13D filing, implying a passive investor posture per the filer’s certification. Market reaction will depend on context such as recent trading, but the document itself contains no transaction details or stated plans.

Corporate Governance Expert

TL;DR: Ownership above 5% triggers governance visibility but the filer asserts no intent to change control, limiting immediate governance implications.

From a governance perspective, a disclosed 5.96% holding warrants monitoring because it gives the holder visibility and potential influence in shareholder matters if they choose to engage. However, the explicit certification that the stake was not acquired to influence control and the use of Schedule 13G language indicate a passive holding classification. The filing lacks any indication of arrangements with other shareholders or plans for board or proxy activity, so there are no immediate governance actions described.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

SurgePays, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

86882L204

(CUSIP Number)

08/18/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 86882L204

1

Names of Reporting Persons

Bradley James Crosby

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,217,063.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,217,063.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,217,063.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.96 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SurgePays, Inc.
(b)	Address of issuer's principal executive offices: 3124 Brother Blvd, Suite 104, Bartlett, TN 38133
Item 2.
(a)	Name of person filing: Bradley James Crosby
(b)	Address or principal business office or, if none, residence: 1735 S. 85th Ave., Omaha, NE 68124
(c)	Citizenship: United States
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP No.: 86882L204
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,217,063
(b)	Percent of class: 5.96 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,217,063
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1,217,063
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Bradley James Crosby

Signature:	Bradley James Crosby
Name/Title:	Individual
Date:	09/08/2025

FAQ

What stake did Bradley James Crosby disclose in SurgePays (SURGW)?

He disclosed beneficial ownership of 1,217,063 shares, representing 5.96% of the Class A common stock.

Does the filing indicate Bradley Crosby intends to influence control of SurgePays (SURGW)?

The filing includes a certification that the securities were not acquired to change or influence control and were reported on Schedule 13G consistent with passive ownership.

When was the Schedule 13G signed and filed?

The document is signed by Bradley James Crosby on 09/08/2025, with the event date shown as 08/18/2025.

What voting and dispositive powers does Crosby report for these shares?

He reports sole voting power and sole dispositive power over all 1,217,063 reported shares and 0 shared powers.

What CUSIP and class are covered in this Schedule 13G?

The filing covers Class A Common Stock of SurgePays, Inc. under CUSIP 86882L204.