Some more info for investors... From what I've
Post# of 32642
From what I've heard, it's very difficult for companies to raise money this year. Many can't raise even a dime and a lot do want to raise money because they...
1.) Did expect the market to tank
2.) They didn't expect their stock to tank
3.) They didn't expect it would last this long
4.) They didn't expect the whole capital market to dry up
5.) They didn't expect putin to be this stupid and the list goes on and on
I signed up for new IPOs coming on etrade that I can invest in. Last year there was a bunch every month. Now it's almost next to nothing. Got an alert last week and I was thinking, at least my alerts work. I just remember a few and didn't even look to see if they moved forward.
Now companies are going to VCs, institutions, etc looking for $$$. Supply and demand. Too much demand for those institutions supply that are investing, so they are in the drivers seat.
What I've heard with Verb's funding is there are no rachet clauses, discounted warrants, no 2 or 3 warrants for every, share, etc. .75 was already negotiated and the deal closing this week per the PR. I'll let non investors worry about the details until the filing comes out.
What I would have been worried about is if Verb couldn't raise any money for growth and new products. If they wanted to be cashflow positive, I'm sure they could, but most investors wouldn't like what that really means. Develop one product or set of enhancements at a time. Put everything else on the back burner.
I heard Verb has already cut a lot of cost. Maybe even more than they anticipated. Lowered software development cost as well. Probably hear about it on the earnings call I'd imagine.