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Verb Technology Company, Inc. Closes Previously Announced Public Offering




Verb Technology Company, Inc. (OTC: VRRB, Nasdaq: VERB; VERBW) (“VERB”), a leader in business-focused interactive video, and the pioneer of Augmented Sales Intelligence software, today announced the closing of its previously announced underwritten public offering of 6,389,776 units, consisting of 6,389,776 shares of its common stock and warrants to purchase 6,389,776 shares of common stock at a combined public offering price of $3.13 per share and warrant. The warrants will have an initial per share exercise price of $3.443, subject to customary adjustment, are exercisable immediately and will expire five years (5) from the date of issuance. In connection with the closing, the Representative partially exercised its over-allotment option and purchased an additional 159,820 Units, consisting of an aggregate of 159,820 Option Shares and Option Warrants to purchase up to an aggregate of 159,820 Option Warrant Shares. The gross proceeds to Verb Technology Company, Inc. from this offering are expected to be approximately $20,500,000, before deducting underwriting discounts and commissions and other estimated offering expenses.
A.G.P./Alliance Global Partners acted as the sole book-running manager for the offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission (the SEC) and was declared effective on April 4, 2019, and is available on the SEC’s website located at http://www.sec.gov.
The offering was made only by means of a prospectus. A copy of the prospectus relating to the offering may be obtained by contacting A.G.P./Alliance Global Partners, 590 Madison Avenue, 36th Floor, New York, NY 10022 or via telephone at 212-624-2006 or email: prospectus@allianceg.com. Investors may also obtain these documents at no cost by visiting the SEC’s website at http://www.sec.gov. Before investing in this offering, interested parties should read in their entirety the prospectus and the other documents that VERB has filed with the SEC that are incorporated by reference in such prospectus, which provides more information about VERB and the offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About VERB Technology Company, Inc.
VERB Technology Company, Inc., formerly nFüsz, Inc., is quickly developing as the market head in intelligent video information gathering and investigation applications. Action word gives client relationship the board ("CRM"), lead age, and video advertising programming applications under the brand name TAGG. The Company's exclusive and patent-pending innovation creates continuous, quantifiable outcomes with clients announcing more prominent than 600% increments in change rates. The Company's product as an administration (SaaS) items are cloud-based, open on all portable and work area gadgets, and are accessible by the membership for individual and endeavor clients. The Company's innovation is incorporated into well known ERP, CRM, and advertising stages, including Oracle NetSuite, Adobe Marketo, and reconciliations into Salesforce.com, Odoo, and Microsoft, among others, are in progress. The Company's most up to date applications incorporate TaggCRM, the chief versatile application for business people; TaggMED, for the medicinal services industry; TaggEDU, for the training business; and TaggNGO, for non-benefit associations. To make and tagg your very own recordings that you can share and post to social, try TaggLITE, available for FREE on our website.
For more information, please visit: www.myverb.com



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