SurgePays Inc. (NASDAQ: SURG), a technology and telecommunications company focused on the underbanked and underserved, has started the process to apply to dual list its shares of common stock on Upstream, the revolutionary trading app for digital securities and NFTs; the app is powered by Horizon Fintex and MERJ Exchange Limited. According to the announcement, the company anticipates the Upstream dual listing will provide access to a global, digital-first investor base that can trade using USDC digital currency as well as credit, debit, PayPal and USD. This wider reach could unlock liquidity and enhance price discovery while also offering international investors the opportunity to invest in a NASDAQ-listed company. The announcement noted that Upstream is a fully regulated global stock exchange that allows users to trade NFTs and invest in securities for IPOs, crowdfunded companies, and U.S. and international equities, as well as celebrity ventures. “We believe a dual listing on Upstream provides our company access to the global capital markets and the technology to reach countless potential new investors,” said SurgePays CEO and chair Brian Cox in the press release. “In addition, as an advocate of the underbanked and underserved, the Upstream platform opens up the world of digital assets to those without bank accounts, brokerage accounts or credit cards. We have an exciting story to tell and believe this listing provides an even greater audience to learn about our growth potential. I expect the relationship with Upstream to develop beyond the dual listing. We are planning to integrate a Web3 community-building strategy using Upstream’s carbon neutral, noncustodial Web3 platform to distribute digital coupons (incentive NFTs) for prepaid wireless and mobile broadband subscribers to redeem for discounts and other rewards at stores transacting on the SurgePays platform.”
To read the full press release, visit https://ibn.fm/pIjn7
About SurgePays Inc.
SurgePays is a technology and telecommunications company focused on the underbanked and underserved communities. SurgePhone Wireless provides mobile broadband to low-income consumers nationwide. SurgePays blockchain fintech platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech hubs for underbanked neighborhoods. For more information about the company, visit www.SurgePays.com.
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