SurgePays, Inc. (SURG) - 8-K Filing Summary
Business Context and Reporting Period
This Current Report on Form 8-K, dated April 18, 2024, reports the results of SurgePays, Inc.'s 2024 Annual Meeting of Stockholders. The Company is incorporated in Nevada and its common stock (SURG) and warrants (SURGW) trade on The Nasdaq Stock Market LLC.
Key Financial Metrics
This filing is a corporate governance report and does not contain financial performance data. The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes and Voting Results
The Annual Meeting was held on April 18, 2024, with a record date of February 20, 2024. There were 19,224,226 shares of common stock outstanding and entitled to vote. Approximately 69.7% 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 a term expiring at the 2025 annual meeting.
- Kevin Brian Cox: 94.7% For (7,537,934 votes)
- David N. Keys: 90.1% For (7,175,902 votes)
- David May: 96.4% For (7,674,905 votes)
- Laurie Weisberg: 90.5% For (7,206,606 votes)
- Richard Schurfeld: 90.1% For (7,175,590 votes)
Accounting Firm Ratification: The selection of Rodefer Moss & Co., PLLC as the independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified with 99.7% of votes cast in favor (13,169,695 votes).
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is strictly a report of shareholder voting outcomes.
Key Facts for Investor Verification
- Verify the continued tenure of the newly elected Board of Directors.
- Confirm the appointment of Rodefer Moss & Co., PLLC as the auditor for the 2024 fiscal year.
- Note the significant number of broker non-votes (5,442,274) recorded for the director elections.
- Review subsequent filings (e.g., 10-Q or 10-K) for financial performance data, as this 8-K contains none.