Verb Technology Company Inc VERB shares are trading lower after the company announced a 9.375-million share common stock offering and priced it at $1.60 per share.
The closing of the offering is expected to occur on or about March 15, subject to the satisfaction of customary closing conditions.
Verb Technology is a software-as-a-service, or SaaS, applications platform developer. Its platform is comprised of sales enablement business software products marketed on a subscription basis.
Verb Technology shares are trading lower by 15.84% at $1.70. The stock has a 52-week high of $3.10 and a 52-week low of $0.90.
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