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Verb Technology | 424B5: Prospectus

SEC announcement ·  Mar 20 05:23
Summary by Futu AI
Verb Technology Company, Inc. (Verb Technology), a software-as-a-service applications platform developer, has filed a prospectus supplement with the SEC, detailing the offering of up to $6,260,000 of its common stock. The offering is made pursuant to an At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC (ACM), acting as sales agent. Verb Technology's common stock is traded on The Nasdaq Capital Market under the symbol 'VERB.' The closing price of the common stock on March 18, 2024, was $0.36 per share. The sales of common stock will be made through 'at the market offerings' as defined in Rule 415 under the Securities Act of 1933, as amended. The prospectus supplement, dated March 19, 2024, amends the previous maximum aggregate offering price from $960,000 to $6,260,000, pursuant to the Sales Agreement with ACM. The company has also agreed to provide indemnification and contribution to ACM with respect to certain liabilities, including liabilities under the Securities Act or the Securities Exchange Act of 1934, as amended.
Verb Technology Company, Inc. (Verb Technology), a software-as-a-service applications platform developer, has filed a prospectus supplement with the SEC, detailing the offering of up to $6,260,000 of its common stock. The offering is made pursuant to an At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC (ACM), acting as sales agent. Verb Technology's common stock is traded on The Nasdaq Capital Market under the symbol 'VERB.' The closing price of the common stock on March 18, 2024, was $0.36 per share. The sales of common stock will be made through 'at the market offerings' as defined in Rule 415 under the Securities Act of 1933, as amended. The prospectus supplement, dated March 19, 2024, amends the previous maximum aggregate offering price from $960,000 to $6,260,000, pursuant to the Sales Agreement with ACM. The company has also agreed to provide indemnification and contribution to ACM with respect to certain liabilities, including liabilities under the Securities Act or the Securities Exchange Act of 1934, as amended.
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This announcement is a separate document:

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