SurgePays Inc. (NASDAQ:SURG) shares fell 30.23% in Wednesday’s after-hours trading after the company reported second-quarter 2026 financial results and disclosed continued liquidity concerns in its latest quarterly filing.
The stock closed Wednesday’s regular session down 8.31% at $0.25. It fell 30.23% to $0.17 in after-hours trading.
SurgePays is a telecommunications and financial technology company that operates mobile virtual network operators and a fintech transactions platform.
Going Concern Warning
SurgePays reported $1.95 million in unrestricted cash as of June 30, 2026, alongside a $21.30 million working capital deficit and $20.75 million stockholders’ deficit.
