VERB

VERB's MARKET.live Livestream Shopping Business Plan is Now Fully Funded

Retrieved on: 
Tuesday, April 2, 2024
LAS, LOS, Bank statement, VERB, Social media, History, Form 10-K

As further set forth in the Form 10-K, the Company disclosed that it had cash and cash equivalents of approximately $14.2 million and notes payable of approximately $1.2 million.

Key Points: 
  • As further set forth in the Form 10-K, the Company disclosed that it had cash and cash equivalents of approximately $14.2 million and notes payable of approximately $1.2 million.
  • This represents an increase in cash and cash equivalents of $10.9 million and a decrease in notes payable of approximately $7.3 million over the same period last year as previously disclosed in the Company’s 2022 Form 10-K filed on April 17, 2023.
  • As further stated in the current Form 10-K “[W]e believe that our enhanced cash position coupled with our substantially reduced current operating costs means our operations are fully funded for at least the next 14 months, and possibly longer subject to revenue generation during that period.
  • For more information, please visit MARKET.live or follow the latest updates on social media.

VERB's MARKET.live Enters Into Formal Partnership With TikTok for Livestream Shopping Services

Retrieved on: 
Wednesday, March 27, 2024
LAS, Partnership, LOS, Miami Music Week, TSP, VERB, Social media, Interest, Online shopping

The partnership also contemplates TikTok Shop sponsored studio rentals, as well as a paid-for “day pass” for use of MARKET.live studio services by TikTok creators, influencers and affiliates.

Key Points: 
  • The partnership also contemplates TikTok Shop sponsored studio rentals, as well as a paid-for “day pass” for use of MARKET.live studio services by TikTok creators, influencers and affiliates.
  • The partnership also contemplates the use of MARKET.live studios as TikTok “Sample Centers” where TikTok creators will have access to product samples for use in their TikTok Shop videos produced at MARKET.live studios.
  • This formal partnership underscores a shared commitment to enriching the livestream shopping experience on the TikTok platform.
  • Building on this momentum, MARKET.live and TikTok are co-hosting an exclusive event on April 25, 2024 to announce the partnership.

VERB's MARKET.live Adds 100 More Retail Brands to its Livestream Social Shopping Platform

Retrieved on: 
Monday, March 18, 2024
VERB, Social media

“The recent addition of 100 more brands and retailers represents yet another significant milestone for our Company and its shareholders,” states Rory J. Cutaia, VERB CEO.

Key Points: 
  • “The recent addition of 100 more brands and retailers represents yet another significant milestone for our Company and its shareholders,” states Rory J. Cutaia, VERB CEO.
  • “We are continuing to gain momentum in the marketplace as we enter into exciting new partnerships and collaborations with market leaders, develop and deliver technological innovations, and refine our business model and service offerings.”
    “VERB’s MARKET.live remains committed to providing the extraordinary and diverse shopping landscape that empowers leading brands, retailers, and creators to engage their shopping audiences on multiple social media networks, including TikTok, Facebook, and Instagram, among others,” continued Mr. Cutaia.
  • For more information, please visit MARKET.live or follow the latest updates on social media.

VERB's MARKET.live Launches Facebook and Instagram Social Shopping Technology Integration

Retrieved on: 
Friday, March 15, 2024
LAS, LOS, VERB, Meta, Social media, Commerce, Online shopping

In short, this integration allows Facebook and Instagram users to browse products featured in MARKET.live shoppable videos, place products in a native shopping cart and checkout – all without leaving Facebook or Instagram.

Key Points: 
  • In short, this integration allows Facebook and Instagram users to browse products featured in MARKET.live shoppable videos, place products in a native shopping cart and checkout – all without leaving Facebook or Instagram.
  • This integration marks a significant enhancement, allowing MARKET.live to showcase vendor products not only on its own MARKET.live platform but also through shoppable content on Facebook and Instagram, creating a massive expansion of the addressable audience of prospective buyers who want to shop without leaving their Facebook or Instagram app.
  • "This expansion with Meta underscores MARKET.live's commitment to providing a seamless, interactive video-based shopping experience across multiple social platforms," states VERB CEO Rory J. Cutaia.
  • For more information, please visit MARKET.live or follow the latest updates on social media.

VERB Closes $3 Million Non-Convertible Preferred Stock Financing

Retrieved on: 
Friday, January 5, 2024
Certificate, Sale, Exhibit, VERB, LAS, LOS, Security (finance)

LOS ALAMITOS, Calif. and LAS VEGAS, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the company behind MARKET.live , the innovative multi-vendor, multi-presenter livestream social shopping platform, announces that the Company closed a $3 million preferred stock financing.

Key Points: 
  • LOS ALAMITOS, Calif. and LAS VEGAS, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the company behind MARKET.live , the innovative multi-vendor, multi-presenter livestream social shopping platform, announces that the Company closed a $3 million preferred stock financing.
  • In connection with the transaction, on December 28, 2023, the Company filed a certificate of designation of preferences and rights (the “Certificate of Designation”) of Series C Preferred Stock with the Secretary of State of Nevada, designating 5,000 shares of preferred stock, par value $0.0001 of the Company, as Series C Preferred Stock.
  • The Series C Preferred Stock is not convertible into common shares of capital stock of the Company and as such is non-dilutive to current stockholders.
  • The Series C Preferred Stock confers no voting rights on holders, except with respect to matters that materially and adversely affect the voting powers, rights or preferences of the Series C Preferred Stock or as otherwise required by applicable law.

VERB's CEO Addresses Stockholders in Year-End Letter

Retrieved on: 
Wednesday, December 27, 2023
Ecosystem, Accounting, Partnership, Trust, Sale, Perseverance, Software as a service, VERB, Shopify, LAS, LOS, Letter, Social media, Optimism, Growth, Retail

Launched a new cutting-edge website at verb.tech and introduced a new IR interface for an enhanced user experience.

Key Points: 
  • Launched a new cutting-edge website at verb.tech and introduced a new IR interface for an enhanced user experience.
  • Pioneered our first creator room, fostering innovation and collaboration within the creator community as well as within our own team.
  • Partnered with a renowned brand to facilitate the drop-shipping business, that also provides a diverse inventory for TikTok affiliates and creators.
  • As we begin 2024, we are primed for the success we and you have surely earned and deserve.

VERB's MARKET.live Launches National TV Campaign to Promote Its Exciting New Drop Ship Program

Retrieved on: 
Wednesday, December 13, 2023
Marketing, Dream, Acquisition, VISA, VERB, SMT, LAS, LOS, Knowledge, Social media, Television, ZipRecruiter, Shinola, Online shopping

The MARKET.live TV commercials will air all over the country on many popular networks and television programs.

Key Points: 
  • The MARKET.live TV commercials will air all over the country on many popular networks and television programs.
  • Viewers can simply scan an on-screen QR code during the TV spots and be taken directly to a new site dedicated to the new MARKET.live Drop Ship Program.
  • The new MARKET.live Drop Ship Program is designed for the millions of people who have dreamed of starting their own ecommerce business, but lacked the knowledge or experience necessary to get started.
  • “Our drop ship program has been in development for quite some time as we tested and fined-tuned the offering.

VERB's MARKET.live WELCOMES CardCash TO ITS LIVESTREAM SOCIAL SHOPPING PLATFORM

Retrieved on: 
Monday, December 11, 2023
StubHub, GOLF, Digital, APPLE, Golf, VERB, Apple, CardCash, LAS, LOS, RSVP, Social media, Macy's, PST, Fox News, Bear, Nike, NIKE, Online shopping

LOS ALAMITOS, Calif. and LAS VEGAS, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the company behind MARKET.live, the innovative multi-vendor, multi-presenter livestream social shopping platform, announces an exciting new collaboration with premium consumer brand discount gift card exchange, CardCash. Adding the CardCash store to MARKET.live provides shoppers with unmatched savings on some of the most sought-after brands this holiday season, including Apple, Macy’s, Nike, Callaway, Build-A-Bear, and Top Golf.

Key Points: 
  • Hailed by Fox News as "the StubHub for gift cards," CardCash is the go-to destination for digital gift cards from major brands.
  • Digital Delivery: The CardCash discount shopping cards are delivered within seconds of purchase, offering convenience and instant access to savings.
  • "We’re thrilled to add CardCash to the MARKET.live platform, offering our shoppers much welcomed holiday discounts on leading brands.
  • With a dedicated focus on technology innovation and partnerships, VERB's MARKET.live remains at the forefront of the dynamic livestream social shopping landscape.

VERB's MARKET.live Adds Five More Retail Brands to Its Livestream Social Shopping Platform

Retrieved on: 
Monday, December 4, 2023
Conscience, Social media, RAD, LAS, LOS, Collection, VERB, Online shopping

Brands, retailers and creators that join MARKET.live have the ability to broadcast livestream shopping events simultaneously on numerous social media channels, including TikTok, as well as on MARKET.live, reaching exponentially larger audiences.

Key Points: 
  • Brands, retailers and creators that join MARKET.live have the ability to broadcast livestream shopping events simultaneously on numerous social media channels, including TikTok, as well as on MARKET.live, reaching exponentially larger audiences.
  • Rad : Rad, a leading name in the world of lifestyle and fashion, brings its bold and edgy collections to MARKET.live.
  • With a dedicated focus on technology innovation and partnerships, VERB's MARKET.live remains at the forefront of the dynamic livestream social shopping landscape.
  • For more information, please visit MARKET.live or follow the latest updates on social media.

VERB's MARKET.live Vendor Acquisition Continues to Accelerate Bringing More New Brand Partnerships To Its Live Social Shopping Platform

Retrieved on: 
Wednesday, November 8, 2023
VERB, LAS, Luminate (company), Gold, Social media, Acquisition, Democracy, LOS, Online shopping

This update comes on the heels the Company’s recent November 6 announcement about 10 new vendors joining the platform immediately following its completion of tech integrations with the ecommerce solutions powering thousands of vendors’ existing ecommerce stores.

Key Points: 
  • This update comes on the heels the Company’s recent November 6 announcement about 10 new vendors joining the platform immediately following its completion of tech integrations with the ecommerce solutions powering thousands of vendors’ existing ecommerce stores.
  • MARKET.live’s accelerating vendor acquisition further strengthens its position as a leading destination for top-tier products and brands in today’s ecommerce.
  • “We seem to have tapped into a gold mine of opportunity,” states VERB CEO Rory J. Cutaia.
  • As MARKET.live’s ability to attract top brands and vendors now continues to accelerate, we remain committed to delivering the long-awaited value our shareholders deserve.