VERB Technology Announces Public Offering Valued at $20 million on the NASDAQ

VERB Technology (OTC:VRRB, NASDAQ:VERB), a company that provides business-focused video data collection, announced it was listing on the NASDAQ,  issuing over 6.3 million shares at a price of US$3.13. The company is also issuing warrants at a price of US$3.44. The total value of the public offering is expected to be US$20 million.

As quoted in the press release:

“This is the beginning of an exciting new era for VERB and our stockholders,” stated Rory J. Cutaia, CEO of VERB.  He continued, “We are enthusiastic about our future and what we will accomplish as we integrate our leading-edge software and technology with the systems and client base of our new partners, Sound Concepts. We look forward to continuing to increase stockholder value as we commence trading on The NASDAQ Capital Market.”

A registration statement relating to these securities has been filed with the Securities and Exchange Commission (the SEC) and became effective on April 4, 2019 and is available on the SEC’s website located at https://www.sec.gov.

Click here to read the full press release.