SurgePays, Inc. (SURG) announced it has received a 180-calendar-day extension from Nasdaq to regain compliance with the minimum $1.00 bid price requirement. In a separate notice, Nasdaq also confirmed the company has regained compliance with the minimum stockholders' equity requirement.

Key Details

  • New Deadline: The company has until March 22, 2027, to meet the minimum bid price rule for at least 10 consecutive business days.
  • Potential Action: SurgePays has notified Nasdaq of its intention to cure the deficiency, including the possibility of effecting a reverse stock split.
  • Background: This extension follows an initial compliance period that expired on September 21, 2026.
  • Stockholders' Equity: Nasdaq confirmed the company now complies with its minimum stockholders' equity rule, resolving a separate deficiency notice issued in March 2026.