SurgePays signs LOI for rent-to-own smartphone JV, plans 500 locations
SurgePays will hold a 51% stake in a joint venture expanding its smartphone rent-to-own program after adding 100+ dealers, targeting 500 locations by year end.
SurgePays said it will hold a 51% stake in a joint venture centered on rent-to-own smartphones, building on early traction in the program. The company said more than 100 dealers have already been onboarded, and it is targeting 500 locations by year end. , Sept. 17, 2026 -- SurgePays, Inc.
NASDAQ:SURG said the update was issued through Globe Newswire.