Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
TON Strategy Co: The Company filed a Certificate of Designation for Series C Preferred Stock, establishing terms such as stated value, dividends, redemption, and non-dilutive, non-voting features (effective 2023-12-28).
- Change
- charter amendment
- Effective
- 2023-12-28
Exact text from the filing
On December 28, 2023,the Company filed a certificate of designation of preferences and rights (the “Certificate of Designation”) of Series C Preferred Stock (the “Series C Preferred Stock”), with the Secretary of State of Nevada, designating 5,000 shares of preferred stock, par value $0.0001 of the Company, as Series C Preferred Stock.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
TON Strategy Co entered into Securities Purchase Agreement with Streeterville Capital, LLC valued at $3,000,000 (effective 2023-12-29).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Streeterville Capital, LLC
- Value
- $3,000,000
- Effective
- 2023-12-29
Exact text from the filing
On December 29, 2023, Verb Technology Company, Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with Streeterville Capital, LLC (the “Investor”), pursuant to which the Company sold and Investor purchased 3,000 shares of the Company’s newly designated non-convertible Series C Preferred Stock (the “Shares”) for a total purchase price of $3,000,000 (the “Purchase Price”).
View on SEC.gov