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SurgePays (SURG) sets 2025 end date for CFO contract but weighs future role

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

SurgePays, Inc. reported a planned change related to its finance leadership. The company notified its Chief Financial Officer, Anthony Evers, that his employment agreement as CFO will not be renewed when it expires on December 31, 2025. This means his current contract is scheduled to end at that time rather than being extended under its existing terms.

The company also stated that Mr. Evers and SurgePays intend to discuss his continuing service and position with the company. This language suggests potential changes to his role or responsibilities after his contract expires, but no immediate departure or final decision about his future role has been announced.

Positive

  • None.

Negative

  • None.

Insights

SurgePays signals a possible future CFO transition while keeping options open.

SurgePays disclosed that CFO Anthony Evers has been informed his employment agreement will not be renewed when it expires on December 31, 2025. This indicates the current contractual CFO arrangement has an end date, but it is more of a scheduled expiration than an immediate resignation or termination.

The company also states that Mr. Evers and SurgePays intend to discuss his continuing service and position. That wording leaves room for him to remain in some capacity, whether in the same role under a new structure or in a different position. The actual impact on financial leadership will depend on those future discussions and any subsequent announcements.

Investors following governance developments may look to future company communications around or before December 31, 2025 to understand whether SurgePays confirms a new CFO, extends Mr. Evers in a revised role, or makes other leadership adjustments.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 2, 2025 (September 26, 2025)

 

SURGEPAYS, INC.

(Exact name of Registrant as specified in its charter)

 

Nevada   001-40992   98-0550352

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

3124 Brother Blvd, Suite 104

Bartlett TN 38133

(Address of principal executive offices, including zip code)

 

(901) 302-9587

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   SURG   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

The Company has provided notice to Anthony Evers, Chief Financial Officer of SurgePays, Inc. (“SurgePays”, “we”, the “Company”) that his employment agreement as CFO will not be renewed upon its expiration on December 31, 2025. Mr. Evers and the Company intend to discuss his continuing service and position with the Company.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SURGEPAYS, INC.
     
Date: October 2, 2025 By: /s/ Kevin Brian Cox
    Kevin Brian Cox
    Chief Executive Officer

 

 

 

Source: View Original Filing on SEC EDGAR

FAQ

What leadership change did SurgePays (SURG) disclose in this 8-K?

SurgePays disclosed that it has notified its Chief Financial Officer, Anthony Evers, that his employment agreement as CFO will not be renewed when it expires on December 31, 2025.

Is the SurgePays (SURG) CFO resigning immediately?

No. The filing states that the CFO’s employment agreement will not be renewed upon its expiration on December 31, 2025, and does not report an immediate resignation or termination.

Will Anthony Evers remain with SurgePays (SURG) after December 31, 2025?

The filing states that Mr. Evers and the Company intend to discuss his continuing service and position, indicating that his future role has not yet been finalized.

What specific date is referenced for the SurgePays (SURG) CFO contract expiration?

The employment agreement for CFO Anthony Evers is scheduled to expire on December 31, 2025.

Does this 8-K mention any replacement CFO for SurgePays (SURG)?

No. The disclosure only addresses non-renewal of the current CFO’s employment agreement and planned discussions about his continuing service; it does not name a replacement.

Which SEC item does this SurgePays (SURG) filing relate to?

The disclosure is made under Item 5.02, which covers departures or appointments of directors and certain officers and compensatory arrangements of certain officers.