SC 13G/A: Verb Technology Company, Inc.

Ticker: TONX · Form: SC 13G/A · Filed: Nov 15, 2024 · CIK: 1566610

Sentiment: neutral

Topics: sc-13g-a

AI Summary

SC 13G/A filing by Verb Technology Company, Inc..

Risk Assessment

Risk Level: low

Filing Stats: 1,978 words · 8 min read · ~7 pages · Grade level 7.5 · Accepted 2024-11-15 20:24:57

Key Financial Figures

Filing Documents

If this statement is filed pursuant to 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a

Item 3. If this statement is filed pursuant to 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: Not Applicable.

Ownership

Item 4. Ownership. (a) Amount beneficially owned: Collectively, the Reporting Persons beneficially own 53,630 shares of Common Stock. Corsair Capital individually owns 45,066 shares of Common Stock. Corsair 100 individually owns 6,661 shares of Common Stock. Corsair Investors individually owns 1,903 shares of Common Stock. Corsair Management, as the investment manager of each of Corsair Capital, Corsair 100, and Corsair Investors may be deemed to beneficially own 53,630 shares of Common Stock. Mr. Petschek, as a controlling person of Corsair Management, may be deemed to individually beneficially own 53,630 shares of Common Stock. Mr. Major, as a controlling person of Corsair Management, may be deemed to individually beneficially own 53,630 shares of Common Stock. (b) Percent of class: Collectively, as of November 15, 2024 the Reporting Persons may be deemed to have beneficially owned 53,630 shares of Common Stock representing 5.4% of all the outstanding shares of Common Stock. The foregoing percentage is based on 993,071 shares of Common Stock outstanding as of November 1, 2024, as reported on the Issuer's Quarterly Report on Form 10-Q filed November 5, 2024. Corsair Capital's individual ownership of 45,066 shares of Common Stock represents 4.5% of all the outstanding shares of Common Stock. Corsair 100's individual ownership of 6,661 shares of Common Stock represents 0.7% of all the outstanding shares of Common Stock. Corsair Investors' individual ownership of 1,903 shares of Common Stock represents 0.2% of all the outstanding shares of Common Stock. Corsair Management's beneficial ownership of 53,630 shares of Common Stock represents 5.4% of all the outstanding shares of Common Stock. The 53,630 shares of Common Stock deemed to be beneficially owned by Mr. Petschek represents 5.4% of all the outstanding shares of Common Stock. The 53,630 shares of Common Stock deemed to be beneficially owned by Mr. Major represents 5.4% of all the outstanding share

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. Not Applicable.

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. See Exhibit A and Exhibit B of the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on October 16, 2024.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not Applicable.

Certification

Item 10. Certification. By signing below the undersigned certifies that, to the best of its or his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: November 15, 2024 CORSAIR CAPITAL PARTNERS, L.P. By: Corsair Capital Advisors, L.L.C., General Partner By: /s/ Jay R. Petschek Jay R. Petschek, Managing Member CORSAIR CAPITAL PARTNERS 100, L.P. By: Corsair Capital Advisors, L.L.C., General Partner By: /s/ Jay R. Petschek Jay R. Petschek, Managing Member CORSAIR CAPITAL INVESTORS, LTD. By: Corsair Capital Management, L.P., Attorney-in-Fact By: Corsair Capital Management GP, L.L.C., General Partner By: /s/ Jay R. Petschek Jay R. Petschek, Managing Member CORSAIR CAPITAL MANAGEMENT, LP. By: Corsair Capital Management GP, L.L.C., General Partner By: /s/ Jay R. Petschek Jay R. Petschek, Managing Member /s/ Jay R. Petschek Jay R. Petschek /s/ Steven Major Steven Major

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