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Aegis Capital Corp. Acted as Sole Bookrunner on a $7.2 Million Underwritten Public Offering for Verb Technology Company, Inc. (NASDAQ:VERB)

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Verb Technology Company, Inc. (NASDAQ:VERB) successfully completed a $7.2 million underwritten public offering, with Aegis Capital Corp. acting as the sole bookrunner. This capital raise supports the company’s position as a leader in interactive video-based sales applications, enhancing its MARKET.live platform, a social shopping destination. Verb’s innovative SaaS platform caters to numerous industries globally, including professional sports. With a strong user base and ongoing international growth, the proceeds from this offering aim to further enhance its operational capabilities and market reach.

Positive
  • Raised $7.2 million to enhance operational capabilities.
  • Verb is a leader in interactive video-based sales applications.
  • MARKET.live platform supports a growing global user base.
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / January 26, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a $7.2 Million Underwritten Public Offering for Verb Technology Company, Inc. (NASDAQ:VERB).

Verb Technology Company, Inc.

Verb Technology Company, Inc., the market leader in interactive video-based sales applications, transforms how businesses attract and engage customers. The Company's MARKET.live platform is a multi-vendor, multi-presenter, livestream social shopping destination at the forefront of the convergence of ecommerce and entertainment, where hundreds of retailers, brands, creators and influencers can monetize their base of fans and followers across social media channels. The Company's Software-as-a-Service, or SaaS platform, based on its proprietary interactive video technology, is comprised of a suite of sales enablement business software products offered on a subscription basis. Its software applications are used by hundreds of thousands of people in over 100 countries and in more than 48 languages. VERB's clients include large sales-based enterprises as well as small business sales teams, including the sales and marketing departments of professional sports teams. With approximately 115 employees and contractors, the Company is headquartered in Lehi, Utah, and maintains offices in Newport Beach, California.

For more information, please visit: https://www.verb.tech

Aegis Capital Corp., Thursday, January 26, 2023, Press release picture

About Aegis Capital Corporation

Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.

For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.

Aegis Capital Corp., Thursday, January 26, 2023, Press release picture

www.aegiscapcorp.com

Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

SOURCE: Aegis Capital Corp.



View source version on accesswire.com:
https://www.accesswire.com/736906/Aegis-Capital-Corp-Acted-as-Sole-Bookrunner-on-a-72-Million-Underwritten-Public-Offering-for-Verb-Technology-Company-Inc-NASDAQVERB

FAQ

What was the purpose of Verb Technology's $7.2 million public offering?

The public offering aims to enhance Verb Technology's operational capabilities and market reach.

Who acted as the sole bookrunner for Verb Technology's offering?

Aegis Capital Corp. acted as the sole bookrunner for the $7.2 million offering.

What is the significance of Verb Technology's MARKET.live platform?

MARKET.live is a multi-vendor social shopping platform that enhances customer engagement and monetization for retailers and influencers.

How does Verb Technology support its SaaS platform?

Verb's SaaS platform is based on proprietary interactive video technology, used by clients in over 100 countries.

Verb Technology Company, Inc.

NASDAQ:VERB

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