secwatch.observer — SEC 8-K summary
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Issuer:     TON Strategy Co (TONX)
CIK:        0001566610
Form:       8-K
Filed at:   2024-03-19T23:59:59+00:00
Accession:  0001493152-24-010499
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566610/000149315224010499/0001493152-24-010499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566610/000149315224010499/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-010499

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer