---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-010503"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T13:20:58.579621+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Verb Technology increases ATM offering capacity from $960K to $6.26M with Ascendiant Capital Markets

## Summary
- Amended At-the-Market Issuance Sales Agreement with Ascendiant Capital Markets to increase aggregate offering amount from $960,000 to $6,260,000.
- Amendment executed on March 19, 2024, signed by CEO Rory J. Cutaia and Ascendiant Managing Partner Bradley J. Wilhite.
- Company will file a prospectus supplement with the SEC to reflect the higher offering amount.
- Original agreement was dated December 15, 2023; the ATM offering allows sale of common stock from time to time.

## SEC filing metadata
- accession: 0001493152-24-010503
- 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: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010503/0001493152-24-010503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010503/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-010503
- JSON: https://secwatch.observer/filing/0001493152-24-010503.json
- Plain text: https://secwatch.observer/filing/0001493152-24-010503.txt

## Key facts
- Material Agreements
  TON Strategy Co amended Amendment to At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC valued at increase in aggregate offering price from $960,000 to $6,260,000 (effective 2024-03-19).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Ascendiant Capital Markets, LLC
  - Value: increase in aggregate offering price from $960,000 to $6,260,000
  - Effective: 2024-03-19
  source text: On March 19, 2024, the Company entered into the Amendment to At-The-Market Issuance Sales Agreement, dated March 19, 2024 (the “ Amendment ”) to increase the number of shares to be sold in the ATM Offering to $6,260,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1566610/000149315224010503/0001493152-24-010503-index.htm

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