Exchange Listing Acts As Advisor To Surgepays, Inc. On Its Nasdaq Capital Markets Listing

SurgePays commences trading on the Nasdaq Capital Markets under the ticker SURG. Fort Lauderdale, FL, November 4, 2021 -- Exchange Listing LLC announced that its client, SurgePays Inc. (OTCQB: SURG), successfully completed its listing to the Nasdaq Capital Markets on November 2, 2021. SurgePays, Inc. is a blockchain fintech company that offers financial services and products for the underbanked population more cost efficiently than traditional distribution models.

4 November 2021

Exchange Listing Acts As Advisor To Surgepays, Inc. On Its Nasdaq Capital Markets Listing

SurgePays utilizes its proprietary software to distribute its products, including prepaid wireless payments, reloadable debit cards, retail gift cards, subsidized broadband service and consumables to more than 8,000 convenience stores, minimarts,and bodegas across the United States. Simultaneous with the Nasdaq listing, SurgePays priced an underwritten public offering of 4,600,000 units at a price to the public of $4.30 per unit with gross proceeds of approximately $19.8m. Each unit issued in the offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $4.73. The common stock and warrants are expected to begin trading on the Nasdaq Capital Market on November 2,2021, under the symbols “SURG” and “ SURGW,” respectively. SurgePays, Inc. expects to receive gross proceeds of 19.78 million, before deducting underwriting discounts and commissions and other estimated offering expenses. Exchange Listing served as advisor to SurgePays on all aspects of the listing including, but not limited to, introduction of the professionals, filing the Nasdaq application and collaborating with legal counsel on the Nasdaq process, and assisting the Company with the corporate governance required for the Nasdaq listing. Maxim Group, LLC acted as the sole book-running manager for the offering. “We brought Exchange Listing on board early in the Nasdaq uplisting process. They provided extraordinary strategic counsel, including the road map which led us to finalize our offering and successfully execute our goal of completing a Nasdaquplisting,” says Brian Cox, Chairman and CEO, SurgePays. “When we began working with SurgePays in 2019, we were impressed by the growing market potential servicing the underbanked population with new products and increased distribution channels,” says Peter Goldstein, Chief Executive Officer, Exchange Listing. “ Our team has enormous respect for and confidence in the experience and strength of the Company’s management.” Goldstein continued. “ We worked seamlessly with them and our partners at Maxim and Lucosky Brookman in bringing their lisiting to the Nasdaq Capital Market.” Exchange Listing provides companies with cost-effective and efficient direct access to one- stop solutions in the strategic planning and implementation of listing and uplisting on senior exchanges such as the Nasdaq or NYSE. Focusing on company-specific structuring to meet listing requirements, Exchange Listing serves as the primary point of contact with the exchange, investment bankers and lawyers throughout the listing process. With extensive experience in investment banking, securities law, corporate governance and business management, Exchange Listing and its strategic partners facilitate clients’ listing and capital markets objectives. About Exchange Listing Exchange Listing provides growth companies with direct access to a one-stop solution in the strategic planning and implementation of listing on a senior exchange such as NASDAQ or NYSE in a cost effective and efficient process. We assist clients in going public whether through an initial public offering, listing from another marketplace, merger or direct offering. We serve as the primary point of contact with the exchange, investment bankers, lawyers and other service providers. Our founders, strategic partners and advisors are entrepreneurs with backgrounds in investment banking, securities law, corporate governance and business management and have served as officers and directors of public and private companies. We pride ourselves in taking a hands-on role with our clients throughout the listing process. For more information, please visit: www.exchangelistingllc.com or contact info@exchangelistingllc.com Media Contact: Julie Livingston WantLeverage Communications julie@wantleverage.com 347.239.0249

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