other_material
confidence high
sentiment neutral
materiality 0.60
Verb Technology enters $1B at-the-market equity offering with Cantor and Cohen
TON Strategy Co
- Company may sell up to $1,000,000,000 of common stock through ATM offering.
- Cantor Fitzgerald and Cohen & Company Capital Markets appointed as agents.
- Agents receive up to 3% commission on gross proceeds from each sale.
- Sales will be made under newly filed automatic shelf registration statement on Form S-3.
- Company retains discretion to suspend or terminate the offering at any time.
item 8.01