---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-002629"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:12:13.400307+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Verb Technology prices $7.2M public offering of 36M shares at $0.20/share

## Summary
- Gross proceeds $7.2M from 36,051,000 shares at $0.20 each; net proceeds ~$6.6M after discounts.
- Offering closed Jan 26, 2023; Aegis Capital Corp. acted as sole book-runner.
- Proceeds to be used for general corporate purposes and repayment of debt.
- Company and insiders subject to 60-day lock-up on share sales without Aegis consent.

## SEC filing metadata
- accession: 0001493152-23-002629
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315223002629/0001493152-23-002629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315223002629/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-002629
- JSON: https://secwatch.observer/filing/0001493152-23-002629.json
- Plain text: https://secwatch.observer/filing/0001493152-23-002629.txt

## Key facts
- Material Agreements
  TON Strategy Co entered into Underwriting Agreement with Aegis Capital Corp. valued at approximately $6.6 million (effective 2023-01-24).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Aegis Capital Corp.
  - Value: approximately $6.6 million
  - Effective: 2023-01-24
  source text: On January 24, 2023, Verb Technology Company, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Aegis Capital Corp. (“Aegis”) as underwriter ( the “Underwriter”), relating to the offering, issuance and sale of up to 36,051,000 shares of the Company’s common stock, $0.0001 par value per share, at a public offering price of $0.20 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1566610/000149315223002629/0001493152-23-002629-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.