Verb Technology Company Inc. has announced a new Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and Cohen & Company Capital Markets. Under this agreement, Verb Technology may choose to offer and sell up to $1 billion worth of its common stock through these agents. Cantor will utilize its standard trading practices to sell the shares based on the company's instructions and will receive a commission of up to 3% of the gross proceeds from these sales. The agreement allows for "at the market offerings" as defined in relevant securities regulations, though Verb Technology is under no obligation to sell and may suspend or terminate the agreement at any time.
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