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Verb Technology | 1-A: Others

SEC announcement ·  Feb 15 06:20
Summary by Futu AI
Verb Technology Company, Inc., a personal services company incorporated in Nevada, has filed a Form 1-A with the U.S. Securities and Exchange Commission (SEC) indicating its intention to conduct a Regulation A offering. The company, which was established in 2012 and employs 21 people, is seeking to raise funds through the sale of equity securities. As per the latest financial statements included in the offering statement, Verb Technology reported cash and cash equivalents of $918,000, total assets of $8,068,000, and a net loss of $19,243,000 with a negative stockholders' equity of $715,000. The company has engaged Dawson James Securities, Inc. for sales commissions and Sichenzia Ross Ference Carmel LLP for legal services related to the offering. Verb Technology plans to offer its securities across various...Show More
Verb Technology Company, Inc., a personal services company incorporated in Nevada, has filed a Form 1-A with the U.S. Securities and Exchange Commission (SEC) indicating its intention to conduct a Regulation A offering. The company, which was established in 2012 and employs 21 people, is seeking to raise funds through the sale of equity securities. As per the latest financial statements included in the offering statement, Verb Technology reported cash and cash equivalents of $918,000, total assets of $8,068,000, and a net loss of $19,243,000 with a negative stockholders' equity of $715,000. The company has engaged Dawson James Securities, Inc. for sales commissions and Sichenzia Ross Ference Carmel LLP for legal services related to the offering. Verb Technology plans to offer its securities across various U.S. states and Canadian provinces. The offering includes 27,397,260 securities at a price of $0.73 per security, aiming for an aggregate offering price of $20,000,000. The company has not disclosed any unregistered securities issued within one year prior to the filing, except for Series C and B Preferred Stock and a Promissory Note, which were sold in reliance upon exemptions from registration requirements.

This announcement is a separate document:

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