---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-015940"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:57:28.681744+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Verb Technology reports $14M equity, seeking 180-day Nasdaq bid-price extension

## Summary
- Unaudited balance sheet shows stockholders' equity of $14,001,000 as of March 31, 2024.
- Cash of $14,182,000; total assets $20,426,000; total liabilities $6,425,000.
- Company believes the equity increase qualifies for an additional 180-day grace period to meet Nasdaq's $1.00 minimum bid price rule.
- Common shares outstanding: 79,300,788 as of March 31, 2024.

## SEC filing metadata
- accession: 0001493152-24-015940
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315224015940/0001493152-24-015940-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315224015940/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-015940
- JSON: https://secwatch.observer/filing/0001493152-24-015940.json
- Plain text: https://secwatch.observer/filing/0001493152-24-015940.txt

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