Highest-materiality recent filing
TON Strategy receives Nasdaq reprimand for excess equity awards; listing continues
Violated Nasdaq Rule 5635(c) by issuing equity awards in excess of shareholder-approved 2019 Plan.
TON Strategy stockholders approve 2026 equity plan and 3M share increase for 2019 plan
All five director nominees elected: Cary, Highfield, Sohn, Stotz, Wilson.
TON Strategy Q1 2026 net loss $91.0M; Toncoin holdings valued at $272M at March 31
Revenue $5.3M ($3.0M staking); operating loss $(3.9)M; net loss $(91.0)M includes $(87.9)M unrealized loss on Toncoin.
TON Strategy appoints Kevin Wilson as CEO effective May 4, 2026
Wilson receives base salary of $950,000, target annual bonus of 100% of salary, and $250,000 signing bonus.
TON Strategy CEO Veronika Kapustina to depart April 15, 2026; separation agreement finalized
CEO Veronika Kapustina's employment ends April 15, 2026, per separation agreement signed March 31, 2026.
TON Strategy reports FY 2025 net loss of $148.6M; holds 219.7M TON worth $356.8M
Revenue $12.8M (vs $0.9M in 2024); gross profit $7.6M (vs $0.7M); staking contributed ~$4.0M.
TON Strategy sets 2026 annual meeting for June 9; proposals due April 6
2026 annual meeting scheduled for June 9, 2026; record date April 15, 2026.
Board terminated Rory J. Cutaia as CEO of Global Digital Media Division effective Feb 27, 2026.
CEO Veronika Kapustina to transition out; board expansion and CEO search initiated
CEO Veronika Kapustina agreed to step down; remains in role during search for successor.
TON Strategy Q3 net income $84.7M, digital assets $588.2M, launches TON treasury
Revenue $3.6M (Q3 2024: $0.1M); net income $84.7M vs net loss $2.0M a year ago.
TON Strategy receives Nasdaq reprimand for shareholder approval violations; shares remain listed
Nasdaq Staff issued a Letter of Reprimand on Oct 28, 2025, for violations of Listing Rules 5635(a) and 5635(b).
Elected all five director nominees: Stotz, Cary, Cutaia, Highfield, Sohn with >94% of votes cast.
Nasdaq notifies TON Strategy of noncompliance with shareholder approval rule for PIPE financing
Received Nasdaq letter on Oct 9, 2025, regarding failure to obtain shareholder approval under Rule 5635(b) for Aug 7 PIPE financing.
TON Strategy stakes 82% of $TON reserves; expects $24M annual staking revenue for buybacks
82% of $TON reserves currently staked; substantially all expected by Oct 10, 2025.
TON Strategy files charter amendment correction via 8-K/A
Filed 8-K/A to replace Exhibit 3.1 with correct Certificate of Amendment.
TON Strategy announces buybacks below $12.18 TAV; starts staking Toncoin
Repurchased over 250,000 shares at avg $8.32; TAV per share $12.18 as of Sept 11, 2025.
Treasury asset value per share of $11.90 as of Sept 7, 2025, using $TON price of $3.09.
TON Strategy reports ~217M Toncoin holdings (4.23% of supply); targets >5%
Disclosed ~217M Toncoin holdings equal ~4.23% of total supply; goal to exceed 5%.
TON Strategy Company approves $250M stock repurchase program; ticker now TONX
Board unanimously approved open-ended program to repurchase up to $250M of common stock.
Verb Technology to rename to TON Strategy Company, ticker changes to TONX on Sept 2
Name change to TON Strategy Company effective Sept 2, 2025; ticker changes from VERB to TONX.
Company states it is not currently pursuing a securities offering other than at-the-market offerings under its Controlled Equity Offering Sales Agreement.
VERB announces $780M treasury assets, $713M in Toncoin, targets >5% of TON supply
Treasury assets exceed $780M: $713M in Toncoin ($TON) and $67M cash as of Aug 20, 2025.
Verb Tech raises $558M in PIPE, appoints new CEO & CFO, plans TON treasury strategy
Closed $558M PIPE at $9.51/share; 57.4M shares and 1.28M pre-funded warrants issued.
Verb Technology enters $1B at-the-market equity offering with Cantor and Cohen
Company may sell up to $1,000,000,000 of common stock through ATM offering.
Verb Tech raises $558M in PIPE to acquire Toncoin, rebrand as TON Strategy Co.
PIPE priced at $9.51/share for ~58.7M shares; gross proceeds ~$558M.
Verb Tech provides Lyvecom audited financials: $1.22M equity deficit, $62K Q1 net loss
Lyvecom Q1 2025 revenue $148K (up 102% YoY); license fees $40K, subscriptions $108K.
Verb Technology sells $5M Series D Preferred Stock to Streeterville Capital
Issued 5,000 shares of Series D Non-Convertible, Non-Voting Preferred Stock at $1,000 per share for total $5,000,000.
Verb Technology closes acquisition of AI video commerce platform Lyvecom for up to $8.5M
Total consideration: $3M cash, $1.125M SAFE repayment, $100K loan repayment, and 184,812 restricted shares valued at $1M.
Verb Technology to acquire Lyvecom for up to $8.2M in cash and stock
Purchase price: $3M cash, $1.125M SAFE repayment, $100K loan, plus $1M in common stock (capped at 19.9% of outstanding).
Verb Technology regains compliance with Nasdaq minimum bid price rule
Received Nasdaq letter on Oct 23, 2024 confirming regained compliance with Listing Rule 5550(a)(2).
Verb Technology CEO says cash $17.2M vs $3.8M market cap; three business units growing
Market cap ~$3.8M, cash $17.2M, debt only ~$125K SBA loan at 3.75%.
Verb Technology gets one-day Nasdaq extension for reverse split to Oct 22
Nasdaq Hearing Panel amended deadline for reverse stock split from Oct 21 to Oct 22, 2024.
Verb Technology shareholders approve reverse stock split up to 1:200; board implements 1:200 split
Shareholders authorized reverse stock split within 1:5 to 1:200 range; board implemented 1-for-200 split.
Verb Technology gets Nasdaq delisting exception until Oct 21; will seek reverse split approval
Nasdaq granted temporary exception until Oct 21, 2024 for Verb to regain compliance with Bid Price Rule.
Nasdaq grants Verb Technology temporary exception until Oct 21 to avoid delisting via reverse split
Share price below $0.10 for 10 consecutive days ended Aug 5 triggered delisting notice.
Verb Technology withdraws Regulation A offering, cites sufficient capitalization
Withdrew Form 1-A filed May 31, 2024; no shares were sold.
Verb Tech receives Nasdaq delisting notice for low-priced stock; seeks reverse split approval
Nasdaq notified on Aug 6, 2024 that VERB stock closed below $0.10 for 10 consecutive days, triggering Low Priced Stock Rule.
Verb Technology increases ATM offering capacity to $12.765M
Third Amendment to ATM Sales Agreement with Ascendiant Capital Markets raises aggregate offering amount from $9.01M to $12.765M.
Verb Tech gets 180-day Nasdaq extension to Oct 28, 2024 for bid price compliance
Nasdaq granted extension until October 28, 2024 to regain $1.00 minimum closing bid price for at least 10 consecutive days.
Verb Technology reports $14M equity, seeking 180-day Nasdaq bid-price extension
Unaudited balance sheet shows stockholders' equity of $14,001,000 as of March 31, 2024.
Verb Technology warrants from 2019 underwriting expire April 9, 2024
Warrants issued under April 4, 2019 Underwriting Agreement with A.G.P. / Alliance Global Partners expire at 5:00 pm ET on April 9, 2024.
Verb Technology increases at-the-market equity offering capacity to $9.01 million
Second Amendment to ATM Sales Agreement ups maximum offering from $6.26M to $9.01M.
Verb's MARKET.live becomes TikTok Shop Partner with referral-based revenue model
MARKET.live designated as TikTok Shop Partner; TikTok refers brand/creator leads for paid services.
Verb Technology raises $5M via 20.85M share offering at $0.24/share
Issued 20,851,667 shares of common stock at $0.24 per share for gross proceeds of $5,004,400.
Verb Technology increases ATM offering capacity from $960K to $6.26M with Ascendiant Capital Markets
Amended At-the-Market Issuance Sales Agreement with Ascendiant Capital Markets to increase aggregate offering amount from $960,000 to $6,260,000.
Integration lets Facebook/Instagram users browse and check out MARKET.live vendor products without leaving the apps.
Verb Technology sells 3.75M shares at $0.24/share for $900K gross proceeds
Issued 3,750,000 common shares at $0.24 per share to institutional investors.
Verb Technology regains Nasdaq equity compliance with $3.125M equity
Stockholders' equity of $3.125M as of Dec 31, 2023, exceeds Nasdaq's $2.5M minimum for continued listing.
Verb Technology raises $3M via Series C Preferred Stock to Streeterville Capital
Sold 3,000 shares of non-convertible Series C Preferred at $1,000/share for total $3M.
Verb CEO letter: debt cut $5.5M, TikTok partnership expands, asset acquisition terminated
Debt reduced by ~$5.5M (66%) in last 6 months; targeting Nasdaq compliance with higher equity.
On May 30, 2023, Salman H. Khan provided notice of his decision to resign as Chief Financial Officer of Verb Technology Company, Inc. (the “Company”), effective June 13, 2023.
The Board of Directors (the “Board”) of the Company approved, effective as of June 13, 2023, the appointment of Bill J.Rivard, the current Corporate Controller, as Interim Chief Financial Officer of the Company.
Effective January 20, 2022, the Company appointed Mr. Khan, age 43, as its Interim Chief Financial Officer, Treasurer, Principal Financial Officer and Principal Accounting Officer.
Effective January 20, 2022, Mr. Jeffrey Clayborne (“Mr. Clayborne”), Verb Technology Company, Inc.’s (the “Company”) Chief Financial Officer and Treasurer, resigned from the Company
The employment of Mr. Mitchell Bledsoe (“Mr. Bledsoe”), the Company’s former Chief Information Officer, ended on January 20, 2022 and his role and responsibilities reassigned to existing personnel.
Max materiality 0.90 · Median 0.62 · Most common event other_material