{"filing":{"accession_number":"0001493152-26-029647","cik":"0001392694","ticker":"SURG","company_name":"SurgePays, Inc.","form":"8-K","filing_date":"2026-06-22","report_date":null,"primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1392694/000149315226029647/form8-k.htm"},"events":[{"id":12894,"run_id":11442,"accession_number":"0001493152-26-029647","anchor_item_number":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"SurgePays entered into a secured note purchase agreement on June 16, 2026, issuing a $500,000 promissory note with 14.5% annual interest, quarterly repayments beginning at month 12, and conversion rights at tiered prices ($2–$10 per share). This is a material creation of a direct financial obligation disclosed under Items 1.01 and 2.03. Although the note is convertible (which could trigger dilutive_issuance classification), the primary event is the debt issuance itself; the conversion feature is secondary to the debt obligation. The filing also notes this is part of a $2.65 million aggregate funding series, underscoring materiality.","company_name":"SurgePays, Inc.","ticker":"SURG","filing_date":"2026-06-22","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":9873,"accession_number":"0001493152-26-029647","item_number":null,"item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"SurgePays entered into a secured note purchase agreement on June 16, 2026, issuing a $500,000 promissory note with 14.5% annual interest, quarterly repayments beginning at month 12, and conversion rights at tiered prices ($2–$10 per share). This is a material creation of a direct financial obligation disclosed under Items 1.01 and 2.03. Although the note is convertible (which could trigger dilutive_issuance classification), the primary event is the debt issuance itself; the conversion feature is secondary to the debt obligation. The filing also notes this is part of a $2.65 million aggregate funding series, underscoring materiality.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-22T21:36:10.096643+00:00","company_name":"SurgePays, Inc.","ticker":"SURG","filing_date":"2026-06-22"}]}
