mite see a spike monday

Summary by Moomoo AI: Verb Technology Company, Inc. (Verb Technology) has announced the filing of a PRE 14A preliminary proxy statement with the SEC, scheduling its 2024 Virtual Annual Meeting of Stockholders for September 26, 2024. The meeting will be held virtually, with no in-person attendance option. Stockholders of record as of July 29, 2024, are entitled to vote on several key proposals, including the election of four directors, a reverse stock split, and the ratification of Grassi & Co., CPAs, P.C. as the independent registered public accounting firm. The reverse stock split proposal, if approved, would allow the board to amend the articles of incorporation to reduce the number of outstanding shares by a ratio of one-for-five to one-for-one hundred, within one year of stockholder approval. This move aims to increase the stock price to comply with Nasdaq's minimum bid price requirement and make the stock more attractive to investors. The board recommends voting 'FOR' all proposals.