Verb Technology Company, Inc. has filed an amended Current Report on Form 8-K/A with the SEC to include dates that were mistakenly omitted from the original report filed on September 4, 2024. The company, which is listed on the Nasdaq Stock Market under the symbol VERB, had previously been notified by Nasdaq on November 2, 2023, of non-compliance with the Bid Price Rule due to its common stock's closing bid price falling below $1.00 for 30 consecutive business days. Verb Technology was initially given until April 30, 2024, to regain compliance but received an additional 180-day grace period until October 28, 2024. However, on August 6, 2024, the company was warned of potential delisting after its stock price closed below $0.10 for 10 consecutive days. The company requested a hearing before...Show More

Verb Technology Company, Inc. has filed an amended Current Report on Form 8-K/A with the SEC to include dates that were mistakenly omitted from the original report filed on September 4, 2024. The company, which is listed on the Nasdaq Stock Market under the symbol VERB, had previously been notified by Nasdaq on November 2, 2023, of non-compliance with the Bid Price Rule due to its common stock's closing bid price falling below $1.00 for 30 consecutive business days. Verb Technology was initially given until April 30, 2024, to regain compliance but received an additional 180-day grace period until October 28, 2024. However, on August 6, 2024, the company was warned of potential delisting after its stock price closed below $0.10 for 10 consecutive days. The company requested a hearing before the Nasdaq Hearings Panel, which was scheduled for September 19, 2024. Verb Technology submitted a plan to regain compliance, including a potential reverse stock split, which it will seek stockholder approval for at its annual meeting on September 26, 2024. The reverse stock split would be within a range of one-for-five to one-for-two hundred, if necessary. On August 28, 2024, Nasdaq granted the company a temporary exception to complete the reverse stock split by October 21, 2024, to regain compliance. If the company does not comply by the deadline, its securities face delisting from Nasdaq.