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nFusz Announces Name Change and Stock Consolidation for Pending Uplist to NASDAQ


nFusz, Inc. (OTCQB: FUSZ), a leader in business-focused interactive video, and the pioneer of Augmented Sales Intelligence software, today announced that the Company effectuated a name change and a reverse stock split of its issued and outstanding common stock at a split ratio of 1-for-15 after the close of business on Friday, February 1, 2019, as part of its planned uplisting to NASDAQ. The new name for the Company is Verb Technology Company, Inc.  The Company’s common stock will begin trading on a split-adjusted basis today under new CUSIP number 92337U104. The Company’s symbol on the OTCQB will change to “FUSZD” for a period of 20 business days, after which the “D” will be removed and the trading symbol will revert to “FUSZ.”  The Company has reserved the symbol VERB for its planned listing on NASDAQ.

The Company's Board of Directors was conceded the expert to actualize a switch stock part by the holders of a dominant part of nFusz's exceptional offers of basic stock on September 30, 2018. The Company's Board of Directors endorsed the usage of the invert stock split on January 31, 2019, and decided the proper turn around stock split proportion to be 1-for-15. This stock union is reliable with the Company's recently declared aim to meet the Nasdaq Stock Market's prerequisites to up-list the Company's regular stock. 

As a major aspect of the stock union, each 15 offers of the Company's current issued and the remarkable normal stock will be consequently joined and changed over into one new offer of regular stock. Relative modifications will likewise be made regarding the Company's remarkable investment opportunities and warrants. After the stock union, there will be around 12.2 million offers of normal stock extraordinary. 


The stock solidification will influence all investors consistently and won't change any investor's rate enthusiasm for the Company's value. Any investor owning a partial offer exclusively because of the stock combination will have their offer check gathered together to the following entire number of offers. "Round parcel adjusting" will likewise happen, with the end goal that no investor who had been a holder of a round part will lose that status exclusively by the righteousness of the solidification.

Stockholders holding shares through a brokerage account will have their shares automatically adjusted to reflect the 1-for-15 reverse stock split.  It is not necessary for stockholders holding shares of the Company’s common stock in certificated form to exchange their existing stock certificates for new stock certificates of the Company in connection with the reverse stock split, although stockholders may do so if they wish. Stockholders should direct any questions concerning the reverse stock split to their broker or the Company’s transfer agent, V Stock Transfer, LLC, at info@vstocktransfer.com.  Stockholders holding warrants should direct any questions to the Company’s administration, at info@nFusz.com.

About nFusz
nFusz, Inc. (OTCQB: FUSZ) is a recognized leader in business-focused interactive video and the pioneer of Augmented Sales Intelligence software. The Company’s flagship product, notifiCRM, is the first interactive video-based customer relationship management (CRM) platform that allows anyone to create, distribute, post, track, and measure interactive videos that increase engagement and conversion rates by up to 600 percent. Video viewers can respond to one or more calls to action by clicking within a video while it’s playing – and no download is required. nFusz products are cloud-based, Software-as-a-Service (SaaS), available by subscription for individual and enterprise users, and accessible on all mobile and desktop devices. The Company’s newest products, also based on its interactive video technology platform, include notifiMED, for the healthcare industry, notifiEDU, for the education industry, and notifiNGO, for non-profit organizations.
For more information, please visit: www.nFusz.com

CONTACT INFORMATION

Please address media inquiries to: info@nFusz.com

855.250.2300, extension 7

Please address investor inquiries to: investors@nFusz.com

855.250.2300, extension 2

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