[SCHEDULE 13D/A] Verb Technology Company, Inc. SEC Filing
Verb Technology Company updated its Schedule 13D/A after the issuer completed a subscription agreement that issued 57,425,254 shares of common stock and 1,276,863 pre-funded warrants, bringing the total common shares outstanding to 60,538,922. The filing reports that reporting person James P. Geiskopf beneficially owns 801,616 shares, representing 1.32% of the outstanding common stock. His holdings consist primarily of vested restricted stock units and a small number of shares and options exercisable within 60 days. The amendment states the change in Geiskopf’s percentage results from the change in outstanding shares and notes that he resigned as a director. This Amendment No. 2 is described as the final amendment and an exit filing for the reporting person.
Verb Technology Company ha aggiornato il Schedule 13D/A dopo che l'emittente ha completato un accordo di sottoscrizione che ha emesso 57,425,254 azioni ordinarie e 1,276,863 warrant pre-fondati, portando il totale delle azioni ordinarie in circolazione a 60,538,922. La comunicazione riporta che la persona segnalante James P. Geiskopf detiene beneficiariamente 801,616 azioni, pari al 1.32% del capitale ordinario in circolazione. Le sue partecipazioni consistono principalmente in unità azionarie vincolate già maturate e in un piccolo numero di azioni e opzioni esercitabili entro 60 giorni. L'emendamento specifica che la variazione percentuale di Geiskopf deriva dalla modifica del numero di azioni in circolazione e segnala la sua rinuncia alla carica di amministratore. Questo Emendamento n. 2 è indicato come emendamento finale e come comunicazione di uscita per la persona segnalante.
Verb Technology Company actualizó su Schedule 13D/A tras la formalización por parte del emisor de un acuerdo de suscripción que emitió 57,425,254 acciones ordinarias y 1,276,863 warrants prefinanciados, elevando el total de acciones ordinarias en circulación a 60,538,922. El documento informa que la persona informante James P. Geiskopf posee beneficiariamente 801,616 acciones, equivalentes al 1.32% del capital ordinario en circulación. Sus tenencias consisten principalmente en unidades restringidas de acciones ya consolidadas y en un pequeño número de acciones y opciones ejercitables dentro de 60 días. La enmienda indica que el cambio en el porcentaje de Geiskopf se debe a la variación del número de acciones en circulación y señala que renunció como director. Esta Enmienda n.º 2 se describe como la enmienda final y como la presentación de salida para la persona informante.
Verb Technology Company는 발행인이 구독계약을 완료하여 57,425,254주의 보통주와 1,276,863개의 선납형 워런트를 발행함에 따라 Schedule 13D/A를 수정했으며, 그 결과 보통주 총 발행주식수는 60,538,922주가 되었다고 보고했습니다. 제출서류에 따르면 보고인 James P. Geiskopf는 실질적으로 801,616주를 보유하고 있으며 이는 발행 보통주의 1.32%에 해당합니다. 그의 보유는 주로 이미 확정된 제한주 단위(vested RSU)와 60일 이내에 행사 가능한 소수의 주식 및 옵션으로 구성되어 있습니다. 수정안은 Geiskopf의 지분 비율 변경이 발행주식수의 변화에 기인한다고 밝히고 그가 이사직에서 사임했음을 언급합니다. 본 수정안 제2호는 보고인에 대한 최종 수정이자 퇴임 제출로 설명됩니다.
Verb Technology Company a mis à jour son Schedule 13D/A après que l'émetteur a conclu un accord de souscription ayant émis 57,425,254 actions ordinaires et 1,276,863 bons préfinancés, portant le nombre total d'actions ordinaires en circulation à 60,538,922. Le dépôt indique que la personne déclarante James P. Geiskopf détient bénéficiairement 801,616 actions, soit 1.32% du capital ordinaire en circulation. Ses avoirs se composent principalement d'unités d'actions restreintes acquises (vested RSU) et d'un petit nombre d'actions et d'options exerçables dans les 60 jours. L'amendement précise que la variation du pourcentage de Geiskopf résulte du changement du nombre d'actions en circulation et note qu'il a démissionné de son poste d'administrateur. Cet Amendement n°2 est présenté comme l'amendement final et comme le dépôt de sortie pour la personne déclarante.
Verb Technology Company hat ihren Schedule 13D/A aktualisiert, nachdem der Emittent eine Zeichnungsvereinbarung abgeschlossen hatte, durch die 57,425,254 Stammaktien und 1,276,863 vorfinanzierte Warrants ausgegeben wurden, wodurch die Gesamtzahl der ausstehenden Stammaktien auf 60,538,922 anstieg. Die Einreichung berichtet, dass die meldepflichtige Person James P. Geiskopf wirtschaftlich 801,616 Aktien besitzt, was 1.32% des ausstehenden Stammkapitals entspricht. Seine Beteiligungen bestehen hauptsächlich aus bereits unverfallenen Restricted Stock Units sowie einer kleinen Anzahl von Aktien und Optionen, die innerhalb von 60 Tagen ausübbar sind. Die Änderung stellt fest, dass die prozentuale Veränderung bei Geiskopf auf die Änderung der ausstehenden Aktien zurückzuführen ist, und vermerkt, dass er als Direktor zurückgetreten ist. Diese Amendment Nr. 2 wird als endgültige Änderung und als Austrittseinreichung für die meldepflichtige Person bezeichnet.
- The filing provides clear, itemized disclosure of the reporting person’s beneficial holdings, including counts of vested restricted stock units and exercisable options.
- The amendment explicitly states the change in reported percentage is due to the issuer’s issuance and not a disposition by the reporting person, preserving clarity on insider selling activity.
- The issuer completed a substantial issuance of 57,425,254 shares and 1,276,863 pre-funded warrants, increasing outstanding common stock to 60,538,922, which materially dilutes existing holdings.
- The reporting person resigned as a director, reducing insider board representation and potentially altering governance dynamics.
- Reporting person’s beneficial ownership is now 1.32%, reflecting dilution from the large issuance.
Insights
TL;DR: Director resignation and a large equity issuance materially reduce insider influence and note an exit filing.
The filing discloses a significant equity issuance that increased outstanding shares to 60,538,922 and records the resignation of James P. Geiskopf from the board. Geiskopf retains a beneficial stake of 801,616 shares (1.32%), largely composed of vested restricted stock units and a small option position. The statement that this amendment is an "exit filing" signals the reporting person does not intend further amendments, which is relevant for governance monitoring. For stakeholders focused on board composition and insider alignment, the resignation combined with dilution is a material governance development.
TL;DR: Large share issuance sharply increased outstanding stock; reporting person retains 1.32% via vested awards and exercisable options.
The issuer completed a transaction issuing 57,425,254 shares and 1,276,863 pre-funded warrants, resulting in 60,538,922 total common shares outstanding. The reporting person beneficially owns 801,616 shares, including multiple tranches of vested restricted stock units and 858 shares from options exercisable within 60 days. The amendment clarifies that the change in percentage ownership is driven by the change in outstanding shares rather than any sale by the reporting person. From an ownership and potential voting-power perspective, the filing provides updated, precise metrics investors can use to recalculate insider concentration.
Verb Technology Company ha aggiornato il Schedule 13D/A dopo che l'emittente ha completato un accordo di sottoscrizione che ha emesso 57,425,254 azioni ordinarie e 1,276,863 warrant pre-fondati, portando il totale delle azioni ordinarie in circolazione a 60,538,922. La comunicazione riporta che la persona segnalante James P. Geiskopf detiene beneficiariamente 801,616 azioni, pari al 1.32% del capitale ordinario in circolazione. Le sue partecipazioni consistono principalmente in unità azionarie vincolate già maturate e in un piccolo numero di azioni e opzioni esercitabili entro 60 giorni. L'emendamento specifica che la variazione percentuale di Geiskopf deriva dalla modifica del numero di azioni in circolazione e segnala la sua rinuncia alla carica di amministratore. Questo Emendamento n. 2 è indicato come emendamento finale e come comunicazione di uscita per la persona segnalante.
Verb Technology Company actualizó su Schedule 13D/A tras la formalización por parte del emisor de un acuerdo de suscripción que emitió 57,425,254 acciones ordinarias y 1,276,863 warrants prefinanciados, elevando el total de acciones ordinarias en circulación a 60,538,922. El documento informa que la persona informante James P. Geiskopf posee beneficiariamente 801,616 acciones, equivalentes al 1.32% del capital ordinario en circulación. Sus tenencias consisten principalmente en unidades restringidas de acciones ya consolidadas y en un pequeño número de acciones y opciones ejercitables dentro de 60 días. La enmienda indica que el cambio en el porcentaje de Geiskopf se debe a la variación del número de acciones en circulación y señala que renunció como director. Esta Enmienda n.º 2 se describe como la enmienda final y como la presentación de salida para la persona informante.
Verb Technology Company는 발행인이 구독계약을 완료하여 57,425,254주의 보통주와 1,276,863개의 선납형 워런트를 발행함에 따라 Schedule 13D/A를 수정했으며, 그 결과 보통주 총 발행주식수는 60,538,922주가 되었다고 보고했습니다. 제출서류에 따르면 보고인 James P. Geiskopf는 실질적으로 801,616주를 보유하고 있으며 이는 발행 보통주의 1.32%에 해당합니다. 그의 보유는 주로 이미 확정된 제한주 단위(vested RSU)와 60일 이내에 행사 가능한 소수의 주식 및 옵션으로 구성되어 있습니다. 수정안은 Geiskopf의 지분 비율 변경이 발행주식수의 변화에 기인한다고 밝히고 그가 이사직에서 사임했음을 언급합니다. 본 수정안 제2호는 보고인에 대한 최종 수정이자 퇴임 제출로 설명됩니다.
Verb Technology Company a mis à jour son Schedule 13D/A après que l'émetteur a conclu un accord de souscription ayant émis 57,425,254 actions ordinaires et 1,276,863 bons préfinancés, portant le nombre total d'actions ordinaires en circulation à 60,538,922. Le dépôt indique que la personne déclarante James P. Geiskopf détient bénéficiairement 801,616 actions, soit 1.32% du capital ordinaire en circulation. Ses avoirs se composent principalement d'unités d'actions restreintes acquises (vested RSU) et d'un petit nombre d'actions et d'options exerçables dans les 60 jours. L'amendement précise que la variation du pourcentage de Geiskopf résulte du changement du nombre d'actions en circulation et note qu'il a démissionné de son poste d'administrateur. Cet Amendement n°2 est présenté comme l'amendement final et comme le dépôt de sortie pour la personne déclarante.
Verb Technology Company hat ihren Schedule 13D/A aktualisiert, nachdem der Emittent eine Zeichnungsvereinbarung abgeschlossen hatte, durch die 57,425,254 Stammaktien und 1,276,863 vorfinanzierte Warrants ausgegeben wurden, wodurch die Gesamtzahl der ausstehenden Stammaktien auf 60,538,922 anstieg. Die Einreichung berichtet, dass die meldepflichtige Person James P. Geiskopf wirtschaftlich 801,616 Aktien besitzt, was 1.32% des ausstehenden Stammkapitals entspricht. Seine Beteiligungen bestehen hauptsächlich aus bereits unverfallenen Restricted Stock Units sowie einer kleinen Anzahl von Aktien und Optionen, die innerhalb von 60 Tagen ausübbar sind. Die Änderung stellt fest, dass die prozentuale Veränderung bei Geiskopf auf die Änderung der ausstehenden Aktien zurückzuführen ist, und vermerkt, dass er als Direktor zurückgetreten ist. Diese Amendment Nr. 2 wird als endgültige Änderung und als Austrittseinreichung für die meldepflichtige Person bezeichnet.
FAQ
What did VERB report in this Schedule 13D/A?
How many shares of VERB does James P. Geiskopf beneficially own?
Does the filing indicate insider selling by the reporting person (VERB)?
Did the reporting person retain any exercisable options?
Did the reporting person change any board roles at VERB?
