---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-010159"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:13:00.258068+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Verb Technology sells 3.75M shares at $0.24/share for $900K gross proceeds

## Summary
- Issued 3,750,000 common shares at $0.24 per share to institutional investors.
- Gross proceeds amount to $900,000; no placement agent or commissions paid.
- Offering conducted at-the-market under Nasdaq rules via qualified Form 1-A.
- Expected to close on or before March 18, 2024.

## SEC filing metadata
- accession: 0001493152-24-010159
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010159/0001493152-24-010159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010159/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-010159
- JSON: https://secwatch.observer/filing/0001493152-24-010159.json
- Plain text: https://secwatch.observer/filing/0001493152-24-010159.txt

## Key facts
- Material Agreements
  TON Strategy Co entered into subscription agreements with certain institutional investors valued at gross proceeds to the Company of $900,000 (effective 2024-03-15).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain institutional investors
  - Value: gross proceeds to the Company of $900,000
  - Effective: 2024-03-15
  source text: On March 15, 2024, Verb Technology Company, Inc, a Nevada corporation (the “Company”), entered into subscription agreements with certain institutional investors, pursuant to which the Company agreed to issue and sell to the investors 3,750,000 shares (the “Shares”) of Common Stock, par value $0.0001 per share of the Company at a price of $0.24 per share for gross proceeds to the Company of $900,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010159/0001493152-24-010159-index.htm

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