Surgepays, Inc. (SURG) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Surgepays, Inc. on January 14, 2026, reporting events occurring on January 9, 2026. The filing addresses a change in executive leadership and the establishment of an outsourced financial services arrangement.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. The only financial data disclosed relates to the new executive compensation arrangement:
- Interim CFO Compensation: $5,000 per month paid to Chelsea Pullano.
- Outsourced Services Fee: $5,000 per month paid to MACK Financial Solutions LLC for accounting and compliance services.
- Total Monthly Cost: $10,000 for the combined CFO and financial services package.
Material Changes
The primary material change is the appointment of Chelsea Pullano as Interim Chief Financial Officer, effective January 14, 2026. This appointment fills the vacancy left by the separation of the previous CFO, Tony Evers. Concurrently, the Company entered into a Master Services Agreement with MACK Financial Solutions LLC to provide outsourced financial, accounting, and executive financial services.
Outlook, Risks, and Management Commentary
Management has transitioned to a part-time, outsourced CFO model. Ms. Pullano is required to spend no less than 40 hours per month in the capacity. The agreement includes standard indemnification and expense advancement protections. The contract may be terminated by either party with 60 days' notice, or immediately in the event of a material breach that is not cured within 14 days. No specific forward-looking guidance or risk factors beyond the standard contractual terms were disclosed in this filing.
Key Facts for Investor Verification
- Verify the effective date of Tony Evers' separation and the reasons for the departure.
- Confirm the scope of services provided by MACK Financial Solutions LLC under the Master Services Agreement.
- Assess the impact of the $10,000 monthly fixed cost on the Company's current cash burn rate.
- Review the Company's recent 10-K or 10-Q filings for the most recent audited financial position, as this 8-K contains no balance sheet or income statement data.