VERB Technology (VERB) Announces Direct 14.67M Share Offering at $0.75/sh

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VERB Technology Company, Inc. Announces $11.0 Million Registered Direct Offering Priced At-The-Market

April 21, 2022 8:30 AM EDT

NEWPORT BEACH, Calif. and SALT LAKE CITY, April 21, 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 a securities purchase agreement with institutional investors for the purchase and sale of 14,666,667 shares of its common stock at a purchase price of $0.75 per share and warrants to purchase 14,666,667 shares of its common stock at an exercise price of $0.75 per share (together the Securities) in a registered direct offering priced at-the-market, resulting in total gross proceeds of approximately... More