SurgePays, Inc. 8-K Filing Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by SurgePays, Inc. (Nasdaq: SURG) on October 4, 2023, reporting events occurring on September 28, 2023. The filing details the results of the Company's 2023 Annual Meeting of Stockholders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and voting outcomes rather than financial performance.
Material Changes and Voting Results
The Annual Meeting was held with a record date of August 1, 2023. There were 14,223,202 shares of common stock outstanding and entitled to vote. Approximately 70.99% of shares were present in person or by proxy, constituting a quorum.
Director Elections: All five nominees were elected to the Board of Directors for terms expiring at the 2024 annual meeting. The voting results were as follows:
- Kevin Brian Cox: 99.08% For (6,993,199 votes)
- David N. Keys: 98.05% For (6,920,111 votes)
- David May: 98.43% For (6,947,322 votes)
- Laurie Weisberg: 98.57% For (6,957,141 votes)
- Richard Schurfeld: 98.57% For (6,956,996 votes)
Accounting Firm Ratification: Stockholders ratified the selection of Rodefer Moss & Co., PLLC as the independent registered public accounting firm for the fiscal year ending December 31, 2023, with 99.95% of votes cast in favor.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Confirm the composition of the Board of Directors following the election of the five new members.
- Verify the engagement of Rodefer Moss & Co., PLLC as the independent auditor for the 2023 fiscal year.
- Note the significant number of broker non-votes (3,039,886) recorded for the director elections.
- Review the Company's upcoming 10-K filing for the fiscal year ending December 31, 2023, to obtain financial metrics absent from this 8-K.