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SurgePays sells ClearLine and GPOX Wireless to GPO Plus for $27.5M

SurgePays sold its ClearLine engagement platform and GPOX Wireless assets to a GPO Plus subsidiary for $27.5 million in GPO Plus Series D Preferred Stock. The preferred stock is convertible 1:1 into common shares and carries no dividends.

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SurgePays said it has entered two agreements linked to a strategic asset sale. 5 million in GPO Plus Series D Preferred Stock. The shares are convertible 1:1 into common stock and carry no dividends, liquid...