VERB Technology (VERB) Prices 12.5M Share Direct Offering at $0.32/sh

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Go back to VERB Technology (VERB) Prices 12.5M Share Direct Offering at $0.32/sh

Verb Technology Company, Inc. Announces $4.0 Million Registered Direct Offering

October 26, 2022 8:30 AM EDT

NEWPORT BEACH, Calif. and LEHI, Utah, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) (VERB or the Company), a leader in interactive video-based sales enablement applications, including shoppable livestream, today announced it has entered into securities purchase agreements with institutional investors for the purchase and sale of 12,500,000 shares of the Company common stock, par value $0.0001 per share (the Common Shares), pursuant to a registered direct offering (the Offering), and warrants to purchase up to 12,500,000 Common Shares (the Warrants). The combined purchase price for one Common Share and one Warrant will be $0.32. The Warrants will... More