SurgePays, Inc. dismissed TAAD LLP as its independent registered public accounting firm effective September 16, 2026, following Audit Committee approval. The former auditor's report on the fiscal year ended December 31, 2025, contained an explanatory paragraph noting substantial doubt regarding the company's ability to continue as a going concern; no other adverse opinions or disagreements existed. SurgePays engaged Sadler, Gibb & Associates, LLC as its new independent registered public accounting firm effective September 11, 2026. The company operates in the financial technology industry, providing payment processing solutions.

SurgePays, Inc. closed the sale of its ClearLine engagement platform and GPOX Wireless business to ClearLine Apps LLC, a subsidiary of GPO Plus, Inc., on September 10, 2026. The transaction involved a $27,500,000 purchase price paid entirely through the issuance of 25,000,000 shares of GPO Plus Series D Preferred Stock to SurgePays. Each preferred share is convertible into one share of GPO Plus common stock and carries no voting or preferential dividend rights. To mitigate risk, SurgePays entered into a Put Option Agreement with Emerald Shoals Targeted Opportunities Fund LP, granting the right to sell the preferred shares for $27,500,000 over a three-year and 90-day period following closing. The acquisition increased SurgePays' stockholders' equity above Nasdaq's listing requirements, allowing the company to address previous deficiencies in market value and bid price. SurgePays operates in the technology sector, providing payment processing and wireless solutions.

On September 2, 2026, SurgePays, Inc. formed LWP-SURGE, LLC, a Wyoming limited liability company, to serve as the operating vehicle for a proposed joint venture with All Prepaid, LLC (doing business as LowWeeklyPayments). The Company expects to hold a 51% membership interest and serve as manager, while LWP holds 49%. Governance includes three of five board seats appointed by SurgePays. The venture aims to operate a smartphone rent-to-own program using LWP's technology through SurgePays' retail dealer network. No definitive agreements have been executed, and the formation does not obligate either party to consummate the transaction. The Company states this event is not expected to have a material effect on its financial condition or results of operations for the current fiscal quarter. SurgePays operates in the fintech industry, providing prepaid card and payment processing services.

SurgePays, Inc. formed Redline Wireless Group, LLC, a joint venture with one of the largest U.S. wireless master distribution organizations to market prepaid wireless services nationwide. SurgePays holds a 51% controlling interest and will contribute its LinkUp Mobile brand, MVNO platform, billing systems, and operations center as in-kind assets without cash capital contributions. The partner contributes access to a network of over 20,000 active independent dealers. Redline is expected to be cash flow positive from its first month of commercial operations, with both parties targeting more than 1 million subscribers. SurgePays operates in the wireless and fintech technology sector, connecting subprime consumers to mobile services.

SurgePays, Inc. amended its agreement with AT&T Mobility, LLC to eliminate all remaining minimum spend commitments, including a previous $50.0 million requirement. AT&T agreed to forgive approximately $10.3 million in previously billed minimum-commitment charges, which will result in an $8.5 million gain in the second quarter of 2026. SurgePays, Inc. operates in the telecommunications and mobile services industry.