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Verb Technology | 8-K: Entry into a Sales Agreement

SEC announcement ·  Mar 30 05:04
Summary by Futu AI
Verb Technology Company, Inc. has announced the entry into the Second Amendment to its At-the-Market Issuance Sales Agreement on March 29, 2024. This amendment increases the aggregate offering price of shares to be sold in the ATM Offering to $9,010,000. The initial agreement with Ascendiant Capital Markets, LLC, established on December 15, 2023, allowed for the sale of common stock up to $960,000. This was first amended on March 19, 2024, to increase the offering to $6,260,000. The latest amendment will be accompanied by a supplement to the Prospectus Supplement filed with the SEC. The company has clarified that this report does not constitute an offer to sell the shares, and the sale will be subject to state securities laws. The legal opinion of Sichenzia Ross Ference Carmel LLP regarding the issuance and sale of the shares has been filed with the SEC.
Verb Technology Company, Inc. has announced the entry into the Second Amendment to its At-the-Market Issuance Sales Agreement on March 29, 2024. This amendment increases the aggregate offering price of shares to be sold in the ATM Offering to $9,010,000. The initial agreement with Ascendiant Capital Markets, LLC, established on December 15, 2023, allowed for the sale of common stock up to $960,000. This was first amended on March 19, 2024, to increase the offering to $6,260,000. The latest amendment will be accompanied by a supplement to the Prospectus Supplement filed with the SEC. The company has clarified that this report does not constitute an offer to sell the shares, and the sale will be subject to state securities laws. The legal opinion of Sichenzia Ross Ference Carmel LLP regarding the issuance and sale of the shares has been filed with the SEC.

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