VERB Technology (VERB) Prices $7.2M Offering at $0.20/sh

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Verb Technology Company, Inc. Prices $7.2 Million Underwritten Public Offering of Common Stock

January 24, 2023 9:15 AM EST

NEWPORT BEACH, Calif. and LEHI, Utah, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (NASDAQ: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including shoppable livestream video, today announced the pricing of an underwritten public offering with gross proceeds to the Company expected to be $7.2 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consists of 36,051,000 shares of common stock only, with no warrants (the "Offering") at a price of $0.20 per share. The Company intends to use the net proceeds from this... More