Summary by Moomoo AI
Verb Technology Company, Inc. (Verb Technology), a software-as-a-service applications platform developer, has filed a prospectus supplement with the Securities and Exchange Commission (SEC) under a shelf registration process. The company is offering up to $960,000 of its common stock. The common stock is traded on The Nasdaq Capital Market under the symbol 'VERB.' The proceeds from the offering are intended for general corporate purposes, including working capital. The terms of the offering, including the number of shares to be sold and the price per share, will be determined at the time of sale and detailed in future filings with the SEC. The offering will be made only by means of a prospectus supplement and the accompanying prospectus. Verb Technology has a history of offering securities for sale to support its operations and growth initiatives. The date of the prospectus supplement is March 29, 2024.