SurgePays Raises Over $19 Million Through Share Sale

SurgePays (SURG) has released an update.

SurgePays, Inc. successfully completed the sale of over 2.6 million shares, raising approximately $17.25 million before expenses, with an additional option for underwriters to purchase more shares. This option was fully exercised, adding another 401,785 shares to the market and bringing in an extra $2.25 million in gross proceeds. This strategic financial move bolsters SurgePays’ market position and capital.

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