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) for a Regulation A offering. The company, which was established in 2012 and employs 22 people, is seeking to conduct a Tier 2 offering of its equity securities. Verb Technology reported having $14,182,000 in cash and cash equivalents, with total assets amounting to $20,426,000. The company's total liabilities stand at $6,425,000, including long-term debt of $1,137,000, and a total stockholders' equity of $14,001,000. For the most recent period, Verb Technology posted total revenues of $7,000 and a net loss of $3,520,000, with basic and diluted earnings per share at -$0.11. The company plans to offer 91,200,000 securities at $0.75 per security, aiming to raise $68,400,000. The offering...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) for a Regulation A offering. The company, which was established in 2012 and employs 22 people, is seeking to conduct a Tier 2 offering of its equity securities. Verb Technology reported having $14,182,000 in cash and cash equivalents, with total assets amounting to $20,426,000. The company's total liabilities stand at $6,425,000, including long-term debt of $1,137,000, and a total stockholders' equity of $14,001,000. For the most recent period, Verb Technology posted total revenues of $7,000 and a net loss of $3,520,000, with basic and diluted earnings per share at -$0.11. The company plans to offer 91,200,000 securities at $0.75 per security, aiming to raise $68,400,000. The offering will be conducted in multiple U.S. states and Canadian provinces. Verb Technology has not engaged underwriters for the offering and will not pay any underwriters' fees. Legal fees for the offering are estimated at $92,500, and accounting or audit fees are $19,500. The company's common stock is listed on The Nasdaq Stock Market LLC, and it has recently changed its auditor from Weinberg & Company, P.A. to Grassi & Co., CPAs, P.C. as of April 17, 2023.