Verb Technology Files 8-K with Material Agreement Details

TL;DR

VERB filed an 8-K on 3/29/24 for a material agreement & financials. Check it out.

AI Summary

On March 29, 2024, Verb Technology Company, Inc. filed an 8-K report detailing a material definitive agreement and financial statements. The company, formerly known as nFusz, Inc., BBOOTH, INC., and Global System Designs, Inc., is incorporated in Nevada and headquartered in Las Vegas.

Why It Matters

This filing provides crucial updates on significant agreements and financial health, which can impact investor decisions and the company's operational trajectory.

Risk Assessment

Risk Level: low — The filing is a standard 8-K reporting a material definitive agreement and financial statements, which is routine corporate disclosure.

Key Players & Entities

• Verb Technology Company, Inc. (company) — Registrant
• nFusz, Inc. (company) — Former Company Name
• BBOOTH, INC. (company) — Former Company Name
• Global System Designs, Inc. (company) — Former Company Name
• March 29, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 VERB The Nasdaq Stock Market LLC
• $960,000 — ng an aggregate offering price of up to $960,000 (the "Shares") from time to time, throu
• $6,260,000 — hares to be sold in the ATM Offering to $6,260,000 On March 29, 2024, the Company entere
• $9,010,000 — hares to be sold in the ATM Offering to $9,010,000 The Company will file a supplement to

Filing Documents

• form8-k.htm (8-K) — 50KB
• ex5-1.htm (EX-5.1) — 11KB
• ex10-1.htm (EX-10.1) — 15KB
• ex5-1_001.jpg (GRAPHIC) — 5KB
• 0001493152-24-012020.txt ( ) — 299KB
• verb-20240329.xsd (EX-101.SCH) — 4KB
• verb-20240329_def.xml (EX-101.DEF) — 26KB
• verb-20240329_lab.xml (EX-101.LAB) — 36KB
• verb-20240329_pre.xml (EX-101.PRE) — 25KB
• form8-k_htm.xml (XML) — 5KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 29, 2024 Verb Technology Company, Inc. (Exact Name of Registrant as Specified in Charter) Nevada 001-38834 90-1118043 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 3024 Sierra Juniper Court Las Vegas , Nevada 89138 (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (855) 250-2300 (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 VERB The Nasdaq Stock Market LLC Common Stock Purchase Warrants VERBW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 1.01 Entry into a Material Definitive Agreement. As previously reported, on December 15, 2023, Verb Technology Company, Inc. (the "Company") entered into an At-the-Market Issuance Sales Agreement (the "Sales Agreement") with Ascendiant Capital Markets, LLC, as sales agent (the "Agent") to sell shares of its common stock, par value $0.0001 (the "Common Stock"), having an aggregate offering price of up to $960,000 (the "Shares") from time to time, through an "at the market offering" (the "ATM Offering") as defined in Rule 415 under the Securities Act of 1933, as amended (the "Securities Act"). On December 15, 2023, the Company filed a prospectus supplement with the Securities and Exchange Commission ("SEC") relating to the offer and sale of up to $960,000 of common stock in the ATM Offering (the "Prospectus Supplement"). As previously reported, on March 19, 2024, the Company entered into the First Amendment to At-The-Market Issuance Sales Agreement, dated March 19, 2024 to increase the number of shares to be sold in the ATM Offering to $6,260,000 On March 29, 2024, the Company entered into the Second Amendment to At-The-Market Issuance Sales Agreement, dated March 29, 2024 (the " Amendment ") to increase the number of shares to be sold in the ATM Offering to $9,010,000 The Company will file a supplement to the Prospectus Supplement (the "Supplement") with the SEC to increase the amount of Common Stock that may be offered and sold in the ATM Offering under the Sales Agreement to up to $9,010,000 in the aggregate. This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of any offer to buy any shares under the Sales Agreement, nor shall there be any offer, solicitation or sale of such shares in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state. The foregoing description of the terms of the Sales Agreement, as amended by the Amendment, does not purport to be complete and is subject to, and qualified in its entirety by reference to, the Amendment, which is filed herewith as Exhibit 10.1 and is incorporated herein by reference. The legal opinion of Sichenzia Ross Ference Carmel LLP, counsel to the Company, relating to the legality of the issuance and sale of shares of Common Stock being offered pursuant to the Sales Agreement, as amended by the Amendment, is filed as Exhibit 5.1 hereto. ITEM 9.01 EXHIBITS. (d) Exhibits Exhibit No. Description 5.1 Opinion of Sichenzia Ross Ference Carmel LLP . 10.1 Amendment to At-The-Market Issuance Sales Agreement, dated March 29, 2024, with Ascendiant Capital Markets, LLC . 23.1 Consent of Sichenzia Ross Ference Carmel LLP (included in the opinion filed as Exhibit 5.1). 101 Pursuant to Rule 406 of Regulation S-T,

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