---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-018690"
form_type: "8-K"
ticker: "TONX"
cik: "0001566610"
company_name: "TON Strategy Co"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:41:37.578995+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Verb Technology increases ATM offering capacity to $12.765M

## Summary
- Third Amendment to ATM Sales Agreement with Ascendiant Capital Markets raises aggregate offering amount from $9.01M to $12.765M.
- Amendment executed on May 10, 2024; shares may be sold from time to time in at-the-market offerings.
- Company will file a prospectus supplement reflecting the increased offering amount.
- Prior amendments had raised the cap from $960K to $6.26M to $9.01M.

## SEC filing metadata
- accession: 0001493152-24-018690
- form_type: 8-K
- ticker: TONX
- cik: 0001566610
- company_name: TON Strategy Co
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1566610/000149315224018690/0001493152-24-018690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1566610/000149315224018690/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018690
- JSON: https://secwatch.observer/filing/0001493152-24-018690.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018690.txt

## Key facts
- Material Agreements
  TON Strategy Co amended Third Amendment to At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC valued at $12,765,000 (effective 2024-05-10).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Ascendiant Capital Markets, LLC
  - Value: $12,765,000
  - Effective: 2024-05-10
  source text: On May 10, 2024, the Company entered into the Third Amendment to At-The-Market Issuance Sales Agreement (the “ Amendment ”) to increase the number of shares to be sold in the ATM Offering to $12,765,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1566610/000149315224018690/0001493152-24-018690-index.htm

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