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VERB Technology Company, Inc. Lists on the Nasdaq Capital Market and Prices $20,000,000 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 pricing of an underwritten public offering of 6,389,776 units, consisting of 6,389,776 shares of its common stock and warrants to purchase up to 6,389,776 shares of common stock, at a combined public offering price of $3.13 per unit. 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. The gross proceeds to VERB from this offering are expected to be approximately $20,000,000, plus an over-allotment of up to $3,000,000 (15%) of additional gross proceeds before deducting underwriting discounts and commissions and other estimated offering expenses payable by VERB. The 15% equates to a maximum of an additional 958,466 units consisting of 958,466 shares of common stock and warrants to purchase up to 958,466 shares of common stock to cover the underwriter's 45-day over-allotment option. The offering is expected to close on April 9, 2019, subject to customary closing conditions.

A.G.P./Alliance Global Partners is acting as the sole book-running manager for the offering.

"This is the beginning of an exciting new era for VERB and our stockholders," stated Rory J. Cutaia, CEO of VERB.  He continued, "We are enthusiastic about our future and what we will accomplish as we integrate our leading-edge software and technology with the systems and client base of our new partners, Sound Concepts. We look forward to continuing to increase stockholder value as we commence trading on The NASDAQ Capital Market."

A registration statement relating to these securities has been filed with the Securities and Exchange Commission (the SEC) and became effective on April 4, 2019, and is available on the SEC's website located at http://www.sec.gov.

The offering will be made only by means of a prospectus. A copy of the prospectus relating to the offering may be obtained, when available, 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 official statement will not comprise an idea to sell or the sales of an idea to purchase nor will there be any closeout of these securities in any state or ward in which such offer, sales or deal would be unlawful before enrollment or capability under the securities laws of any such state or purview.

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