Sichenzia Ross Ference Carmel LLP Represents Titan Partners Group in $15 Million Public Offering of SurgePays, Inc.

Press Release – New York, NY – January 18th, 2024 – Sichenzia Ross Ference Carmel LLP announced today that it represented Titan Partners Group (the “Underwriter”), in its public offering of SurgePays, Inc.: a technology and telecom company focused on the underbanked and underserved.

The offering consisted of 2,678,571 shares of its common stock (or pre-funded warrants in lieu thereof) at a public offering price of $5.60 per share, for aggregate gross proceeds of approximately $15 million, before deducting underwriting discounts and other offering expenses.

SurgePays has 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 expects to close the offering on January 22, 2024, subject to customary conditions.

The Sichenzia Ross Ference Carmel LLP team was led by partners Ross Carmel and Brian Margolis, and law clerk Soumya Cheedi.

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Sichenzia Ross Ference Carmel LLP

Sichenzia Ross Ference Carmel LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry. In addition to handling routine to complex commercial matters, SRFC’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations. The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation. Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies. The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA). These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct. Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records. The firm complements its core practice areas with an established commercial real estate and trusts and estates practice.

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Sichenzia Ross Ference Carmel LLP Represents Titan Partners Group in $15 Million Public Offering of SurgePays, Inc.

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