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Benzinga

Business

Henry Khederian

So What's Happening With Verb Technology Shares?

Verb Technology Company Inc (NASDAQ:VERB) shares are trading lower by 10.90% at $0.68 after the company announced an $11 million registered direct offering priced at-the-market.

Verb Technology says the company has entered into a securities purchase agreement with institutional investors for the purchase and sale of 14,666,667 shares of its common stock at a purchase price of $0.75 per share and warrants to purchase 14,666,667 shares of its common stock at an exercise price of $0.75 per share.

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