STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Verb Technology equity raise lifts outstanding shares to 60.54M; insider stake updated

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Verb Technology completed a subscription that issued 57,425,254 new common shares and 1,276,863 pre-funded warrants, increasing outstanding common stock to 60,538,870 shares. As amended, the Schedule 13D shows reporting person Rory J. Cutaia beneficially owns 889,065 shares (including 1,303 shares underlying options exercisable within 60 days), representing 1.5% of the company on a fully reported basis. The filing explains the amendment updates ownership percentages solely due to the issuer's issuance of additional securities and states this Amendment No. 6 is the final amendment and constitutes an exit filing for the reporting person.

Positive

  • Reporting person retains beneficial ownership of 889,065 shares, indicating continued alignment with the company.
  • Amendment transparently updates ownership figures to reflect the issuer's issued securities and complies with disclosure requirements; it is filed as the final amendment/exit filing.

Negative

  • Significant dilution: the issuer issued 57,425,254 new shares plus 1,276,863 pre‑funded warrants, increasing outstanding common stock to 60,538,870.
  • Reduced ownership percentage for the reporting person to 1.5% due solely to the enlarged share base.

Insights

TL;DR: A large equity issuance materially increased shares outstanding, diluting existing ownership; reporting person retains 889,065 shares (1.5%).

The company issued 57,425,254 shares and 1,276,863 pre‑funded warrants, bringing total common shares to 60,538,870. That issuance is the direct cause of the reporting person's stated 1.5% stake, down in percentage terms relative to the enlarged share base. The report confirms no disposals by the reporting person and that the amendment updates ownership solely because of the issuer's transactions. For investors, the key metric is the enlarged share count which dilutes percentage ownership and changes per‑share metrics without indicating proceeds or use of funds in this filing.

TL;DR: Amendment transparently updates beneficial ownership after a corporate issuance and functions as the reporting person's exit amendment.

The Schedule 13D/A clarifies the composition of the reporting person's holdings—multiple vested restricted stock units, a small number of shares and options exercisable within 60 days totaling 889,065 shares—and explains the change in percentage ownership is attributable to the issuer's new share issuance. The filing states this is the final amendment and an exit filing for the reporting person, which aligns with disclosure obligations by updating ownership percentages following a material change in outstanding shares.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
The number of securities in Rows 7, 9 and 11 represents beneficial ownership of (i) 400,000 restricted stock units, of which all 400,000 have vested, (ii)160,000 restricted stock units, of which all 160,000 have vested, (iii) 80,000 restricted stock units, of which all 80,000 have vested, (iv) 60,000 restricted stock units, of which all 60,000 have vested, (v) 60,000 restricted stock units, of which all 60,000 have vested, (vi) 907 shares of common stock, (vii) 126,855 restricted stock units, of which all 126,855 have vested and (viii) 1,303 shares of common stock underlying stock options exercisable within 60 days. This percentage is calculated based upon 60,538,870 shares of common stock issued and outstanding as of August 7, 2025 and 1,303 shares of common stock issuable upon exercise of the options that are exercisable within 60 days.


SCHEDULE 13D


Rory J. Cutaia
Signature:/s/ Rory J. Cutaia
Name/Title:Rory J. Cutaia
Date:08/11/2025

FAQ

What did Verb Technology (VERB) issue that changed ownership percentages?

The issuer entered a subscription agreement issuing 57,425,254 shares of common stock and 1,276,863 pre‑funded warrants, increasing outstanding shares to 60,538,870.

How many shares does insider Rory J. Cutaia beneficially own in VERB?

Rory J. Cutaia beneficially owns 889,065 shares, which includes vested restricted stock units and 1,303 shares issuable upon exercise of options exercisable within 60 days.

What percentage of VERB does Rory J. Cutaia own after the issuance?

The reporting person owns 1.5% of the outstanding common stock based on 60,538,870 shares outstanding (as reported in the amendment).

Did the reporting person sell any VERB shares in connection with this amendment?

No. The amendment states the update to the reporting person's percentage results from the issuer's issuance of additional securities, not from any disposition by the reporting person.

Does this filing represent the final amendment for the reporting person on Schedule 13D?

Yes. The amendment states it is Amendment No. 6 and constitutes the final amendment and an exit filing for the reporting person.
Verb Technology Co Inc

NASDAQ:VERB

VERB Rankings

VERB Latest News

VERB Latest SEC Filings

VERB Stock Data

877.81M
46.55M
23.11%
0.08%
0.43%
Software - Application
Services-personal Services
Link
United States
LAS VEGAS