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Verb Technology | 8-K: Entry into Subscription Agreements

SEC announcement ·  Mar 16 05:32
Summary by Futu AI
On March 15, 2024, Verb Technology Company, Inc. (Verb Technology) announced the entry into subscription agreements with certain institutional investors. The agreement entails the sale of 3,750,000 shares of common stock at a price of $0.24 per share, resulting in gross proceeds of $900,000 for the company. The shares were offered at-the-market under Nasdaq rules following the company's Form 1-A Offering Statement, which was filed on February 14, 2024, and qualified by the SEC on March 11, 2024. Notably, the transaction did not involve placement agents, and no fees or commissions will be paid. The offering is anticipated to close by March 18, 2024.
On March 15, 2024, Verb Technology Company, Inc. (Verb Technology) announced the entry into subscription agreements with certain institutional investors. The agreement entails the sale of 3,750,000 shares of common stock at a price of $0.24 per share, resulting in gross proceeds of $900,000 for the company. The shares were offered at-the-market under Nasdaq rules following the company's Form 1-A Offering Statement, which was filed on February 14, 2024, and qualified by the SEC on March 11, 2024. Notably, the transaction did not involve placement agents, and no fees or commissions will be paid. The offering is anticipated to close by March 18, 2024.

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