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03 February 2017 • Articles

Morrow Sodali

Surge Components, Inc. Tender Offer

Surge Components, Inc. (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors and audible and sounding devices, announced it has reached an agreement with investors Bradley Rexroad and Michael Tofias, who together own approximately 22% of Surge’s outstanding shares. Pursuant to the agreement, Surge announced today that it will commence an issuer tender offer to repurchase at least 5.0 million shares at a price of $1.43 per share.

Morrow Sodali is serving as the information agent for this transaction.

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