---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-010499"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T13:20:40.880545+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Verb Technology raises $5M via 20.85M share offering at $0.24/share

## Summary
- Issued 20,851,667 shares of common stock at $0.24 per share for gross proceeds of $5,004,400.
- Offering placed by CEO Rory Cutaia with no commissions paid.
- Subscription agreements signed March 18, 2024; closing expected by March 19, 2024.
- Offering made under Form 1-A qualified by SEC on March 11, 2024.
- Shares sold to institutional investors at-the-market under Nasdaq rules.

## SEC filing metadata
- accession: 0001493152-24-010499
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010499/0001493152-24-010499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010499/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-010499
- JSON: https://secwatch.observer/filing/0001493152-24-010499.json
- Plain text: https://secwatch.observer/filing/0001493152-24-010499.txt

## Key facts
- Material Agreements
  TON Strategy Co entered into Subscription Agreements with certain institutional investors valued at $5,004,400.08 (effective 2024-03-18).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain institutional investors
  - Value: $5,004,400.08
  - Effective: 2024-03-18
  source text: On March 18, 2024, Verb Technology Company, Inc, a Nevada corporation (the “Company”), entered into subscription agreements with certain institutional investors (the “Agreements”), pursuant to which the Company agreed to issue and sell to the investors 20,851,667 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 $5,004,400.08.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010499/0001493152-24-010499-index.htm

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