Summary by Moomoo AI
Verb Technology Company, Inc. has updated its prospectus supplement to increase the maximum aggregate offering price of its common stock from $9,010,000 to $12,765,000. The update, filed on May 10, 2024, modifies certain information in the previous prospectus supplements dated December 15, 2023, March 19, 2024, and March 29, 2024, and the original prospectus dated March 31, 2022. The company's common stock is publicly traded on The Nasdaq Capital Market under the symbol 'VERB', with a closing price of $0.14 per share as of May 9, 2024. Verb Technology has entered into an At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC (ACM), which will act as a sales agent. The company has already sold $11,627,167 of securities within the last 12 months and is eligible to sell an additional $3,756,673 under the current registration...Show More