Verb Technology Stock Price, News & Analysis

Verb Technology Company, Inc. (NASDAQ: VERB) announced a preliminary court approval on March 2, 2021, for a derivative settlement in the case Richard Moore v. Verb Technology Company, Inc. The settlement includes a payment of $75,000 to plaintiff's counsel and implementation of corporate governance changes. A final approval hearing is set for April 29, 2021. The company considers the settlement beneficial for its stockholders, leading to the dismissal of the Derivative Action with prejudice upon final approval.

VERB Technology Company is gearing up for a global commercial launch of its interactive video integration with Microsoft Outlook. CEO Rory J. Cutaia will present at the Emerging Growth Conference on March 17, 2021, focusing on the company's interactive video technology and the verbLIVE livestream ecommerce application. This event will address global shopping trends and recent strategic initiatives, followed by a Q&A session. Interested participants can register to attend, and a replay will be available on EmergingGrowth.com.

VERB Technology Company (Nasdaq: VERB) announced a registered direct offering of 9,375,000 shares of common stock at $1.60 per share, with a closing date expected around March 15, 2021. A.G.P./Alliance Global Partners is the sole placement agent for this offering. The offering is conducted under a previously filed shelf registration statement with the SEC. Investors are encouraged to review the prospectus and related documents for more information on the offering.

Verb Technology Company (Nasdaq: VERB) has partnered with influencer Vlad Kachur to enhance awareness for its livestream ecommerce tool, verbTEAMS. This platform, designed for small businesses and entrepreneurs, allows real-time sales interactions during live broadcasts. Currently, verbTEAMS is offered for free for 7 days to aid small business recovery during the pandemic. Kachur's popular YouTube channel has over 140,000 subscribers, averaging 1-2 million views per video, which is expected to significantly boost engagement and adoption of VERB's technology.

VERB Technology Company has made its livestream ecommerce app verbLIVE free for small businesses in the U.S. impacted by the pandemic, aiming to boost customer engagement and sales productivity. CEO Rory J. Cutaia announced this initiative as he prepares for the 33rd Annual Virtual ROTH Conference on March 15-17, 2021, where he will present the company's innovative technologies and solutions. VERB, recognized for its interactive video tools, empowers over 60 countries with sales enablement software, showcasing a reported 600% increase in conversion rates.

VERB Technology Company, Inc. (Nasdaq: VERB) has launched a beta program offering free use of its upcoming Microsoft Outlook integration to small businesses affected by COVID-19. This integration will enable over a billion Outlook users to create interactive video emails with features like 'Buy-It-Now' buttons and appointment scheduling. The free use will extend beyond the beta testing phase to support economic recovery. VERB aims to capitalize on the large user base through Microsoft's Commercial Marketplace.

VERB Technology Company is offering its verbTEAMS livestream ecommerce tool for free to small businesses to enhance sales during the pandemic. The technology allows businesses to engage customers in real-time through live broadcasts, promoting an interactive shopping experience. The offer includes 30 days of free access and biweekly training sessions aimed at maximizing app features and customer engagement. This initiative aims to support small businesses as consumer shopping habits shift significantly towards online platforms.

VERB Technology Company (NASDAQ: VERB) showcased its livestream ecommerce tool, verbLIVE, at two recent virtual conferences. CEO Rory J. Cutaia highlighted shifting consumer behaviors and the potential for livestream shopping in the U.S., drawing comparisons to China's booming market. Notably, livestream influencers generated substantial sales during events like Singles Day. VERB's platform aims to enhance customer engagement and drive sales conversion rates with interactive technology. The company anticipates growth in the livestream direct selling sector, bolstered by pandemic trends.

VERB Technology Company has been recognized as the #1 direct selling app with the largest number of enterprise clients by Social Selling News. On February 4, 2021, CEO Rory J. Cutaia will meet with investors one-on-one at A.G.P.’s Virtual Emerging Growth Technology Conference. Cutaia will discuss VERB's SaaS product suite, including interactive video technology and its impact on the direct-selling landscape. The company offers a range of applications such as verbCRM and verbLIVE, available globally in over 60 countries.