Verb Technology Co Inc Stock Price, News & Analysis

Verb Technology Company (Nasdaq: VERB) has executed a binding term sheet to acquire LyveCom, an AI-driven video commerce platform. The deal, expected to close within 60 days, integrates LyveCom's AI technology into VERB's MARKET.live platform, launching immediately.

Key features of the enhanced MARKET.live include:

• One-Click Simulcasting across multiple platforms including TikTok Shop and Shopify's Shop App
• AI-Driven Video Commerce with automated content creation and virtual shopping hosts
• Frictionless 3-click integration for Shopify merchants
• Strategic partnerships with Tapcart, Klaviyo, Recharge, and agency networks
• Real-time analytics for merchant insights

Maxwell Drut, LyveCom's Co-Founder and CEO, will become MARKET.live's Chief Technology Officer. The platform aims to differentiate itself from closed marketplaces like Amazon Live and TikTok Shop by offering brands full control over their audience, content, and conversions while leveraging AI for automation.

Verb Technology Company (Nasdaq: VERB) announces the premiere of 'Go Fund Yourself!', a new crowdfunding show airing tonight at 7 PM ET on Cheddar TV. The show features entrepreneurs pitching to a panel of Titans, including David Meltzer, Jayson Waller, Rory J. Cutaia, and rotating celebrity guests.

The innovative format allows viewers to invest in featured companies in real-time through interactive technology. Each episode will be broadcast three times per week on Cheddar's platforms, with a season-ending marathon. The company is hosting an exclusive launch party to celebrate the show's debut.

The show aims to revolutionize startup funding by creating direct access to investment opportunities through Cheddar's digital and social reach. Viewers can watch the premiere on Cheddar.com or through Cheddar TV's cable and streaming networks.

Verb Technology Company (NASDAQ: VERB) has announced a major distribution deal with Cheddar for its new TV show 'Go Fund Yourself'. The show will premiere on January 30, 2025, airing in prime time at 7 PM ET every Thursday. The first season consists of 16 weekly episodes, each airing four times to maximize exposure.

The show combines entrepreneurial presentations with real-time investment technology, allowing viewers to invest in featured companies or purchase products while watching. The show's panel includes notable figures like David Meltzer, Jayson Waller, and Rory J. Cutaia, along with weekly celebrity guest Titans.

Cheddar, reaching over 40 million homes through cable, satellite, and OTT platforms, attracts more than 3 million monthly live viewers and generates hundreds of millions of social media views. The distribution agreement includes multiple weekly airings and promotional support through Cheddar's network.

Verb Technology Company (Nasdaq: VERB) announces its participation in Nasdaq's 'Ring in the Races' Closing Bell ceremony at the F1 Las Vegas Grand Prix. CEO Rory J. Cutaia and Lead Director Jimmy Geiskopf will join the remote ceremony on November 22nd at 4pm EST. The event, which will be broadcast live, is an exclusive invitation-only gathering for select Nasdaq-listed companies taking place trackside at F1 in Las Vegas. VERB is known for its MARKET.live livestream social shopping platform and GO FUND YOURSELF! TV show and crowdfunding platform.

Verb Technology reported significant financial improvements in Q3 2024, with total revenue of $0.128 million, up 341% year-over-year. The company's balance sheet shows $15.8 million in cash and investments, with stockholders' equity of $18.03 million. Operating loss improved by $1.1 million, while net loss decreased by $1.74 million compared to last year. MARKET.live generated $103,000 in revenue, while the new Go Fund Yourself platform contributed $25,000. The company has expanded its partnership with TikTok and completed integrations with META, Pinterest, and TikTok Shop. Verb has also regained NASDAQ compliance and eliminated most of its debt except for a $123,000 SBA loan.

Verb Technology Company (Nasdaq: VERB) announced regaining compliance with Nasdaq's minimum bid price requirement of $1.00 per share on October 23, 2024. The company has also launched an investigation into suspected stock manipulation following its 1-for-200 reverse stock split implemented on October 9, 2024. VERB discovered that certain brokerage firms requested over 260,000 roundup shares, despite having an estimated 40,000 beneficial owners pre-split and a post-split public float of less than 800,000 shares. The company noted a concurrent significant increase in short positions and is coordinating with other affected companies to pursue legal action.

The Million Dollar Weekend event hosted an exclusive preview of Go Fund Yourself!, a revolutionary crowdfunding platform connecting entrepreneurs with investors in real-time. Jayson Waller, keynote speaker and investor, introduced the platform, highlighting its ability to level the playing field for entrepreneurs seeking funding.

The show features entrepreneurs pitching to a panel of 'Titans', including Waller, David Meltzer, and Rory J. Cutaia, CEO of Verb Technology Company [NASDAQ: VERB]. VIP attendees watched a private viewing of an episode, showcasing the platform's unique combination of live pitching and interactive audience engagement.

Go Fund Yourself! aims to democratize investment opportunities, allowing virtually anyone to invest in promising new companies, while giving businesses access to a broad audience of potential investors.

VERB Technology Company, Inc. (Nasdaq: VERB) released a letter from Chairman & CEO Rory J. Cutaia to stockholders. Key points include:

• Current market cap is approximately $3.8M
• Cash in bank of approximately $17.2M as of last Form 10-Q filing
• Only debt is a $125K SBA loan at 3.75% interest over 30 years
• CEO argues stock should trade at over $22 per share based on net cash value alone
• VERB operates MARKET.live, a livestream social shopping platform, and GO FUND YOURSELF!, a TV show and crowdfunding platform

Cutaia expresses concern that investors may not be fully recognizing the value of VERB's businesses and financial position.

Verb Technology Company (Nasdaq: VERB) announced that stockholders approved a 1-for-200 reverse stock split of its common shares. The split will take effect on October 9, 2024, with shares continuing to trade under the symbol 'VERB' but with a new CUSIP number. This decision follows a stockholder vote at the Annual Meeting on September 26, 2024, where a significant majority favored authorizing the Board to implement a reverse split.

The reverse split aims to increase the market price per share and bring the company into compliance with Nasdaq's $1.00 minimum bid price requirement. It will reduce the number of outstanding shares from approximately 152,645,986 to 763,230. Proportional adjustments will be made to stock options and warrants. Stockholders are not required to take any action, and fractional shares will be rounded up to the nearest whole share.