Verb Technology Company, Inc. Files 8-K Report

TL;DR

Verb Tech filed an 8-K on May 1st, updating on corporate events and financials.

AI Summary

On May 1, 2024, Verb Technology Company, Inc. filed an 8-K report to disclose other events and financial statements. The company, formerly known as nFusz, Inc., is incorporated in Nevada and headquartered in Las Vegas.

Why It Matters

This filing provides an update on Verb Technology Company's corporate activities and financial reporting, which is important for investors to stay informed about the company's status.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for other events and financial statements, not indicating any immediate significant operational or financial changes.

Key Players & Entities

• Verb Technology Company, Inc. (company) — Registrant
• May 1, 2024 (date) — Date of earliest event reported
• nFusz, Inc. (company) — Former company name
• Nevada (jurisdiction) — State of incorporation
• Las Vegas, Nevada (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 VERB The Nasdaq Stock Market LLC
• $1.00 — Company's common stock had closed below $1.00 for the previous 30 consecutive busines

Filing Documents

• form8-k.htm (8-K) — 41KB
• ex99-1.htm (EX-99.1) — 19KB
• ex99-1_001.jpg (GRAPHIC) — 3KB
• 0001493152-24-017486.txt ( ) — 237KB
• verb-20240501.xsd (EX-101.SCH) — 3KB
• verb-20240501_lab.xml (EX-101.LAB) — 33KB
• verb-20240501_pre.xml (EX-101.PRE) — 22KB
• form8-k_htm.xml (XML) — 4KB

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): May 1, 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 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 8.01 Other Events. As previously disclosed, on November 2, 2023, Verb Technology Company, Inc. (the "Company") received a letter from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market (the "Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the closing bid price per share for the Company's common stock had closed below $1.00 for the previous 30 consecutive business days (the "Bid Price Rule"). The Company was given until April 30, 2024, to regain compliance with the Bid Price Rule. On May 1, 2024, the Company received notice from Nasdaq that the Company has been granted an additional 180-day grace period, or until October 28, 2024, to regain compliance with the Bid Price Rule. To regain compliance with the Bid Price Rule and qualify for continued listing on the Nasdaq Capital Market, the minimum bid price per share of the Company's common stock must be at least $1.00 for at least 10 consecutive business days on or prior to October 28, 2024. If the Company fails to regain compliance during the additional compliance period, then Nasdaq will notify the Company of its determination to delist the Company's common stock, at which point the Company would have an opportunity to appeal the delisting determination to a Nasdaq Listing Qualifications Panel. On May 2, 2024, the Company issued a press release announcing it has received an additional 180-day extension to continue its listing on the Nasdaq Capital Market. A copy of the press release is attached as Exhibit 99.1 hereto. ITEM 9.01 EXHIBITS. (d) Exhibits Exhibit No. Description 99.1 Press Release 104 Cover Page Interactive Data File (embedded as Inline XBRL document and contained in Exhibit 101). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 2, 2024 VERB TECHNOLOGY COMPANY, INC. By: /s/ Rory J. Cutaia Name: Rory J. Cutaia Title: President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR