This is a non-binding, preliminary step with no committed capital or revenue. Monitor for the execution of a definitive operating agreement or portfolio funding facility, which would signal the JV is advancing. Until then, no actionable trading signal.
Price Chart
Executive Summary
SurgePays formed LWP-SURGE, LLC, a Wyoming LLC intended to serve as the vehicle for a proposed joint venture with All Prepaid, LLC (d/b/a LowWeeklyPayments) to operate a smartphone rent-to-own program. The company expects to hold a 51% interest and manage the JV, but no definitive agreements have been signed, the JV has no operations or assets, and the company stated the formation alone will not materially affect financial results for the current quarter. This is a preliminary, non-binding step with no committed capital or revenue — a routine disclosure with no immediate financial impact.
Key Facts
- SurgePays formed LWP-SURGE, LLC on September 2, 2026, as a proposed joint venture with All Prepaid, LLC (LowWeeklyPayments).
- SurgePays expects to hold a 51% membership interest and serve as manager; LWP would hold 49%.
- No definitive operating agreement, IP license, distribution, or shared services agreements have been executed.
- LWP-SURGE has no operations, revenue, assets, or liabilities as of the filing date.
- The company stated the formation alone is not expected to have a material effect on financial condition or results of operations for the current fiscal quarter.
Financial Impact
No financial impact from the formation alone; the company explicitly stated it is not material for the current quarter.
Risk Factors
- Definitive agreements may never be executed; the JV may not commence operations.
- Portfolio funding may not be obtained on acceptable terms or at all.
- The terms described are subject to change and are not binding.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-041325 |
| Document: 0001493152-26-041325-index-headers.html | 0001493152-26-041325 |
| Document: 0001493152-26-041325-index.html | 0001493152-26-041325 |
| Document: 0001493152-26-041325.txt | 0001493152-26-041325 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | 8-K | $0.1650 $0.1466 | ▼ −11.15% | ▼ −9.96% | $0.1470 (−10.91%) |
Aug 14, 2026 7w ago | Press Release | $0.2820 $0.1601 | ▼ −43.23% | ▼ −41.24% | $0.1470 (−47.87%) |
Jul 29, 2026 9w ago | Press Release | $0.2350 $0.1742 | ▼ −25.87% | ▼ −30.89% | $0.1470 (−37.45%) |
Jul 29, 2026 9w ago | 8-K | $0.2350 $0.1742 | ▼ −25.87% | ▼ −30.89% | $0.1470 (−37.45%) |
Jun 5, 2026 17w ago | Press Release | $0.4700 $0.4612 | ▼ −1.87% | ▼ −3.73% | $0.1470 (−68.72%) |
May 20, 2026 19w ago | 8-K | $0.5000 $0.4204 | ▲ +15.92% | ▲ +16.66% | $0.1470 (+70.60%) |
May 11, 2026 20w ago | Press Release | $0.5590 $0.5000 | ▲ +10.55% | ▲ +10.25% | $0.1470 (+73.70%) |
Apr 16, 2026 24w ago | 8-K | $0.6620 $0.5720 | ▲ +13.60% | ▲ +18.97% | $0.1470 (+77.79%) |
Apr 14, 2026 24w ago | Press Release | $0.5500 $0.5440 | ▲ +1.09% | ▲ +7.13% | $0.1470 (+73.27%) |
US Market Status
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