Manuel Stotz Reports 12.02M VERB Shares Held via Kingsway Funds

Rhea-AI Filing Summary

Manuel Stotz filed an initial Form 3 disclosing indirect beneficial ownership of 12,021,720 shares of Verb Technology Company, Inc. (VERB) common stock held through multiple Kingsway-managed funds. The filing lists seven fund holdings with individual amounts ranging from 333,144 to 3,690,399 shares and states that Kingsway Capital Partners Limited acts as investment manager. The reporting person is identified as the Chief Executive Officer of the investment manager and the Chairman of Verb's board. No derivative securities are reported. The transaction date requiring the statement is 08/07/2025 and the form was signed on 08/18/2025.

Positive

• Comprehensive disclosure of indirect holdings totaling 12,021,720 shares across seven named funds
• Clear identification of relationship: Reporting person is CEO of the investment manager and Chairman of the issuer
• No derivative securities reported, indicating holdings are in common stock only

Negative

• None.

Insights

Financial Analyst

TL;DR: Disclosure shows sizeable indirect stake via Kingsway funds; no derivatives reported, signaling a straightforward ownership position.

The Form 3 documents aggregated indirect beneficial ownership of 12,021,720 shares across seven funds managed by Kingsway Capital Partners Limited. As the reporting person is both the CEO of the investment manager and Chairman of Verb's board, the filing clarifies lines of investment discretion versus formal direct ownership. Absence of listed derivative instruments indicates the position is held in common stock rather than options or convertible securities, simplifying valuation and voting considerations based on disclosed share counts alone.

Corporate Governance Expert

TL;DR: Chairman discloses indirect holdings through affiliated funds, fulfilling Section 16 reporting obligations and clarifying potential influence.

The report states that Kingsway Capital Partners Limited serves as investment manager to the named funds and that the reporting person may be deemed beneficial owner due to investment discretion. This Form 3 provides required transparency regarding relationships between board leadership and institutional fund ownership. The filing does not allege any amendments or derivative positions, and it includes a manual signature dated 08/18/2025, meeting formal filing conventions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Stotz Manuel

(Last) (First) (Middle)

C/O VERB TECHNOLOGY COMPANY, INC.

3024 SIERRA JUNIPER COURT

(Street)

LAS VEGAS NV 89138

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/07/2025

3. Issuer Name and Ticker or Trading Symbol
Verb Technology Company, Inc. [ VERB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
COMMON STOCK	1,051,525	I	By Kingsway Fund - Frontier Consumer Franchises(1)
COMMON STOCK	2,797,608	I	By FC02 Digital Ltd(1)
COMMON STOCK	2,227,678	I	By Kingsway Frontier Consumer Opportunities (FCO4) Growth Fund IV Ltd(1)
COMMON STOCK	333,144	I	By SP12 Digital Ltd(1)
COMMON STOCK	3,690,399	I	By SP13 Digital Ltd(1)
COMMON STOCK	1,437,739	I	By SP14 Digital Ltd(1)
COMMON STOCK	483,627	I	By SP15 Digital Ltd(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Kingsway Capital Partners Limited (the "Investment Manager"), serves as the investment manager to each of the Kingsway Fund - Frontier Consumer Franchises, FC02 Digital Ltd, Kingsway Frontier Consumer Opportunities (FCO4) Growth Fund IV Ltd, SP12 Digital Ltd, SP13 Digital Ltd, SP14 Digital Ltd, and SP15 Digital Ltd holding shares of the Issuer's common stock (collectively, the "Funds"). The Reporting Person is the Chief Executive Officer of the Investment Manager. The Investment Manager may be deemed to be the beneficial owner of all of the common stock held by the Funds. The Reporting Person, as Chief Executive Officer of the Investment Manager with the power to exercise investment discretion, may be deemed to be the beneficial owner of all of the common stock held by the Funds. The Reporting Person is the Issuer's Chairman of its board of directors.

	/s/ Manuel Stotz	08/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 3 for VERB?

The Form 3 was filed by Manuel Stotz, identified as the Chief Executive Officer of the investment manager and Chairman of Verb Technology Company, Inc.

How many VERB shares does the filing report as beneficially owned?

The filing reports indirect beneficial ownership of 12,021,720 shares of common stock across seven Kingsway-managed funds.

Were any derivative securities reported in the Form 3 for VERB?

No. The Form 3 lists no derivative securities; only non-derivative common stock holdings are disclosed.

What is the date of the event requiring the Form 3 filing for VERB?

The date of the event requiring the statement is 08/07/2025 and the form is signed on 08/18/2025.

Through what entities are the VERB shares held?

Shares are held indirectly by seven funds managed by Kingsway Capital Partners Limited: Kingsway Fund - Frontier Consumer Franchises, FC02 Digital Ltd, Kingsway Frontier Consumer Opportunities (FCO4) Growth Fund IV Ltd, SP12 Digital Ltd, SP13 Digital Ltd, SP14 Digital Ltd, and SP15 Digital Ltd.