SurgePays to Ring Nasdaq Opening Bell

Rhea-AI Summary

SurgePays, Inc. (Nasdaq: SURG) announces participation in an Opening Bell Ceremony at Nasdaq on July 15, 2022, celebrating its IPO success. CEO Brian Cox expresses enthusiasm, highlighting a 100% stock increase in 2022 and overall business growth. The ceremony will take place at 9:20 a.m. Eastern Time and can be viewed live. SurgePays serves underbanked communities through its technology and telecommunications services, including SurgePhone Wireless and a blockchain fintech platform. For more details, visit SurgePays.com.

Positive

• SurgePays stock is up over 100% in 2022.
• Participation in the Nasdaq Opening Bell Ceremony demonstrates company growth and visibility.

Negative

• None.

BARTLETT, Tenn., July 13, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved, today announced that management will participate in an Opening Bell Ceremony at the Nasdaq Stock Market on Friday, July 15, 2022. The Opening Bell Ceremony celebrates Surgepays’ IPO on Nasdaq last fall.

Brian Cox, SurgePays CEO, will lead the ceremony alongside members of the Company’s management and advisors. “This is an extremely exciting moment for the SurgePays team. Ringing the opening bell at Nasdaq is indicative of our team’s hard work and celebration of our continued growth since being listed on Nasdaq, with our stock currently up over 100% in 2022 and business thriving in these market conditions,” said CEO, Brian Cox. “I am confident and excited for SurgePay’s future growth and journey ahead.”

The ceremony will begin at approximately 9:20 a.m., Eastern Time and can be viewed live or via replay here.

For more information on SurgePays, please visit the Company’s investor relations website at ir.surgepays.com.

About SurgePays, Inc.

SurgePays, Inc. is a technology and telecommunications company focused on the underbanked and underserved communities. SurgePhone Wireless provides mobile broadband to low-income consumers nationwide. SurgePays blockchain fintech platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech-hubs for underbanked neighborhoods. Please visit SurgePays.com for more information.

Investor Relations Contact

Brian M. Prenoveau, CFA
MZ Group – MZ North America
brian.prenoveau@mzgroup.us
+561 489 5315

Media Contacts
Henry Feintuch / Doug Wright
Feintuch Communications
surgepays@feintuchpr.com
646-753-5710 / 646-753-5711

Cautionary Note Regarding Forward-Looking Statement

This press release includes express or implied statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Forward-looking statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance and may contain projections of our future results of operations or of our financial information or state other forward-looking information. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Although we believe that the expectations reflected in these forward-looking statements are reasonable, these statements relate to future events or our future operational or financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control, including, without limitation, statements about our future financial performance, including our revenue, cash flows, costs of revenue and operating expenses; our anticipated growth; our predictions about our industry; the impact of the COVID-19 pandemic on our business and our ability to attract, retain and cross-sell to clients. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission (“SEC”), including in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The forward-looking statements in this press release speak only as of the date on which the statements are made. We undertake no obligation to update, and expressly disclaim the obligation to update, any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

FAQ

What is SurgePays' stock performance in 2022?

SurgePays' stock has increased by over 100% in 2022.

When is the Nasdaq Opening Bell Ceremony for SurgePays?

The Nasdaq Opening Bell Ceremony for SurgePays is scheduled for July 15, 2022, at 9:20 a.m. Eastern Time.

What services does SurgePays offer?

SurgePays provides technology and telecommunications services focused on underbanked communities, including mobile broadband and a blockchain fintech platform.