Verb Technology increases at-the-market equity offering capacity to $9.01 million

TON Strategy Co

Second Amendment to ATM Sales Agreement ups maximum offering from $6.26M to $9.01M.
Amendment dated March 29, 2024; prospectus supplement to be filed with SEC.
Prior amendment on March 19, 2024 raised limit from $0.96M to $6.26M.
ATM offering covers common stock (VERB) and warrants (VERBW) via Ascendiant Capital Markets.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TON Strategy Co amended Second Amendment to At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC valued at $9,010,000 increase to ATM Offering (effective 2024-03-29).

Action: amendment
Agreement: atm program
Counterparty: Ascendiant Capital Markets, LLC
Value: $9,010,000 increase to ATM Offering
Effective: 2024-03-29

Exact text from the filing

On March 29, 2024, the Company entered into the Second Amendment to At-The-Market Issuance Sales Agreement, dated March 29, 2024 (the " Amendment ") to increase the number of shares to be sold in the ATM Offering to $9,010,000

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TON Strategy Co filing history →

Source: SEC EDGAR

accession 0001493152-24-012020

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