TechMediaBreaks – SurgePays Inc. (NASDAQ: SURG) Announces Pricing of $15M Public Offering
SurgePays (NASDAQ: SURG), a technology and telecom company focused on the underbanked and underserved communities, recently announced pricing of its underwritten public offering of 2,678,571 shares of its common stock at a price of $5.60 per share of common stock led by certain new and existing institutional investors. SurgePays granted the underwriters a 45-day option to purchase up to 401,785 additional shares of its common stock sold in the offering on the same terms and conditions. The company will secure approximately $15 million in gross proceeds from the offering. Titan Partners Group, a division of American Capital Partners, is acting…