Verb Tech raises $558M in PIPE, appoints new CEO & CFO, plans TON treasury strategy

TON Strategy Co

Closed $558M PIPE at $9.51/share; 57.4M shares and 1.28M pre-funded warrants issued.
Net proceeds to buy Toncoin; intends to rebrand as TON Strategy Co. (TSC).
New CEO Veronika Kapustina (base $850k) and CFO/COO Sarah Olsen (base $850k) appointed.
Board resignations: Cragun, Geiskopf, Moy replaced by Cary, Sohn, Stotz (Exec Chairman), Highfield.
Advisory agreement with Kingsway Capital: $3M setup fee, 2% annual advisory fee, 20-year term.

item 1.01item 5.02item 3.02item 7.01item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.