Welcome to our dedicated page for Verb Technology Company news (Ticker: VERBW), a resource for investors and traders seeking the latest updates and insights on Verb Technology Company stock.
Verb Technology Company, Inc. (Nasdaq: VERB) is a market leader in interactive video-based sales applications. The company's MARKET.live platform is a multi-vendor, multi-presenter, livestream social shopping destination that merges ecommerce and entertainment. With a focus on enhancing sales performance through digitizing offline sales and holistic consulting, VERB offers expertise in b2b telesales, sales promotion, field force, event marketing, and door2door campaigns. Recent achievements include a surge in retailers joining MARKET.live, excess cash on the balance sheet, debt reduction, and restructuring completion.
Verb Technology Company, Inc. (Nasdaq: VERB) has been granted an additional 180-day period by Nasdaq to regain compliance with the $1.00 minimum closing bid price requirement. The company has met all continued listing requirements, except for the bid price rule, and has increased shareholder equity by approximately $15.8 million over the past 10 months. Additionally, the company has enhanced its cash position, reduced debt, fully-funded its operations for at least the next 14 months, and restructured its business, positioning itself for success.
Verb Technology Company, Inc. partnered with TikTok Shop for a celebratory event at MARKET.live Studios, drawing over 300 attendees. TikTok Shop executives shared the platform's growth and services, emphasizing collaboration with MARKET.live for mutual growth.
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