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Verb Technology Company, I VERB
(Total Views: 343)
Posted On: 11/15/2024 5:12:50 PM
Post# of 32993
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Posted By: redspeed
Re: Zoom #32598
What number are you seeing?

I'm still seeing 993K which aligns with the Nov. 5th 10-K

"As of November 1, 2024, there were 993,071 shares of common stock, $0.0001 par value per share, outstanding."

That number also aligns to the Preferred shares gotten rid of, so to me, it was a known and a good thing to get rid of.

What we don't know is if the round up shares have shown up yet. At least I didn't see it calculated into my math. Could be there, but idk

Quote:
Clean Cap Table - Redeemed All Remaining Preferred Shares: On October 14, 2024, the Company redeemed the remaining 187 Series C Preferred Shares in exchange for 32,913 common shares to fully repay the amount accrued for preferred dividends. The transaction was done at the Nasdaq at-the-market price. No broker was involved in the transaction and no fees or commissions were paid or incurred by the Company.


Quote:
Subsequent to September 30, 2024, the Company redeemed 895 Series C Preferred Shares in exchange for 196,856 common shares to fully redeem the Series C Preferred Shares that were outstanding. On October 14, 2024, the Company redeemed 187 Series C Preferred Shares in exchange for 32,913 common shares to fully repay the amount accrued for preferred dividends. The transaction was done at the Nasdaq at-the-market price. No broker was involved in the transaction and no fees or commissions were paid or incurred by the Company.














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