Form 8-K

8-K — SurgePays, Inc.

Accession: 0001493152-26-031540

Filed: 2026-07-01

Period: 2026-06-29

CIK: 0001392694

SIC: 4813 (TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE))

Item: Other Events

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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

EXCHANGE ACT OF 1934

Date

of Report (Date of earliest event reported): June 29, 2026

SURGEPAYS,

INC.

(Exact

name of registrant as specified in its charter)

Nevada

001-40992

98-0550352

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

3124

Brother Blvd., Suite 104

Bartlett,

TN 38133

(Address

of principal executive offices, including zip code)

Registrant’s

telephone number, including area code: (901) 302-9587

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications 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 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

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

8.01. Other Events.

On June 29,

2026, SurgePays, Inc. (the “Company”) and AT&T Mobility, LLC (“AT&T”) entered into an amendment to the

agreement between the parties. On a go-forward basis, the amendment eliminates all remaining minimum spend commitments under the previous

agreement, which had required an aggregate minimum spend of $50.0 million over the initial term of three years, and is expected

to lower the Company’s acquisition and ongoing monthly subscriber costs via improved wholesale pricing to the Company and to be

favorable to operating margins.

Pursuant

to the amendment, AT&T also agreed to forgive approximately $10.3 million of previously billed minimum-commitment charges

in excess of actual usage. The forgiveness will reduce the Company’s accounts payable by approximately $10.3 million and

result in a corresponding gain of approximately $8.5 million in the second quarter of 2026, representing the reversal of minimum-commitment

expenses previously reported for the three months ended March 31, 2026, with a favorable impact on the Company’s net income

(loss) and stockholders’ equity (deficit) in the period.

The

information furnished in this Item 8.01 is intended to be considered in the context of more complete information included in the Company’s

filings with the Securities and Exchange Commission (the “SEC”) and other public announcements that the Company has

made and may make from time to time by press release or otherwise. The Company undertakes no duty or obligation to update or revise such

information, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through

the filing of other reports or documents with the SEC, through press releases or through other public disclosures.

The

information contained in this Item 8.01 of this Current Report on Form 8-K is being furnished and shall not be deemed “filed”

for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject

to the liabilities of that Section, nor shall such information be deemed incorporated by reference in any filing under the Securities

Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Disclosure

Regarding Forward-Looking Information

This

Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of

1995. These forward-looking statements include, but are not limited to, statements regarding the Company’s beliefs and expectations

relating to effects of the amended arrangement on the Company’s results of operations and expected costs and margins. These forward-looking

statements are based on the current beliefs and expectations of the Company’s management with respect to future events, only speak

as of the date that they are made and are subject to significant risks and uncertainties. Such statements can be identified by the use

of words such as “should,” “go-forward,” “future,” “anticipates,” “believes,”

“estimates,” “expects,” “intends,” “plans,” “predicts,” “will,”

“would,” “could,” “continue,” “can,” “may,” “look forward,” “aim,”

“hopes,” and similar terms, although not all forward-looking statements contain such words or expressions. Actual results

could differ significantly from those set forth in the forward-looking statements.

Important

factors that may cause actual results to differ materially from those in the forward-looking statements include, but are not limited

to, the factors contained in the “Risk Factors” section and elsewhere in the Company’s filings with the SEC from time

to time, including, but not limited to, its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. The Company does not undertake

to update any forward-looking statements to reflect changed assumptions, the impact of circumstances or events that may arise after the

date of the forward-looking statements, or other changes over time, except as required by law.

SIGNATURES

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:

July 1, 2026

By:

/s/

Kevin Brian Cox

Name:

Kevin

Brian Cox

Title:

Chief

Executive Officer

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INC.

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Entity Tax Identification Number

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Entity Incorporation, State or Country Code

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