SurgePays raises $2.5mln in public offering of 2mln shares at $1.25 per share.

SurgePays, a wireless and fintech company, announced the pricing of a public offering of 2 million shares of common stock at $1.25 per share, raising approximately $2.5 million in gross proceeds. The company has granted underwriters a 45-day option to purchase an additional 300,000 shares. The offering is expected to close on January 22, 2026. R.F. Lafferty & Co. is acting as the sole book-running manager.