Verb cross a threshold and a lot of you didn't even know it

Certainly not the knee jerk reactors

A question to ponder is why $75M?

Why not $7.5M which is about the average of the last 3

Why not $75B?

I know...

There are rules on how much you can qualify for a shelf and pretty limiting for small companies

But once cross a certain threshold, a lot of those limits go away.

If it was easy qualifying for $75M, everyone would file. Why not?

Cheap insurance for the next 3 years

Now what is that threshold that Verb crossed?

You can do some DD and look up what the rules are

I'll give you a start

Shelf Offering:
2021-01-15 - $75,000,000

Baby Shelf Offering:
2020-10-20 - $9,652,396
2020-08-10 - $4,105,913.43
2019-09-17 - $8,112,905

https://www.sec.gov/cgi-bin/browse-edgar?acti...arch_text=

Yup, that's what they call it when you don't have the public float size to file a Shelf

How many of the 'baby shelf' raises did Verb do BTW?

Cheap insurance. There if you need it without having to jump through hoops or tip off shorters

When I first saw the amount, my reaction was a large company wants to buy a percentage of Verb

Would they buy on the open market and potentially run up the price?

Or would they buy shares directly from VERB at a set price and that money would go towards helping their investment grow

Got 3 years now if someone wants to buy'n

I'd say between now and the start of 2024, that may happen

BTW - Thomson Reuters raised their overall rating today

The average price target was updated as well