---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-045092"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T11:53:25.013014+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Verb Technology enters $960K ATM offering with Ascendiant, terminates prior Truist ATM

## Summary
- Entered ATM sales agreement with Ascendiant Capital Markets for up to $960K of common stock.
- Prior ATM agreement with Truist Securities terminated on December 15, 2023.
- Shelf registration statement (S-3) effective; prospectus supplement filed.
- Shares sold at market prices; Agent uses commercially reasonable efforts.

## SEC filing metadata
- accession: 0001493152-23-045092
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315223045092/0001493152-23-045092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315223045092/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-045092
- JSON: https://secwatch.observer/filing/0001493152-23-045092.json
- Plain text: https://secwatch.observer/filing/0001493152-23-045092.txt

## Key facts
- Material Agreements
  TON Strategy Co entered into Sales Agreement with Ascendiant Capital Markets, LLC valued at up to $960,000 (effective 2023-12-15).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Ascendiant Capital Markets, LLC
  - Value: up to $960,000
  - Effective: 2023-12-15
  source text: On December 15, 2023, Verb Technology Company, Inc. (the “Company”) entered into an At-the-Market Issuance Sales Agreement (the “Sales Agreement”) with Ascendiant Capital Markets, LLC, as sales agent (the “Agent”) to sell shares of its common stock, par value $0.0001 (the “Common Stock”), having an aggregate offering price of up to $960,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1566610/000149315223045092/0001493152-23-045092-index.htm

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