{"id":754981,"date":"2023-05-04T10:34:36","date_gmt":"2023-05-04T14:34:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/"},"modified":"2023-05-04T10:34:36","modified_gmt":"2023-05-04T14:34:36","slug":"verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/","title":{"rendered":"VERB Regains Compliance with Nasdaq Minimum Bid Price Requirement"},"content":{"rendered":"
\n

NEWPORT BEACH, Calif. and SALT LAKE CITY, May 04, 2023 (GLOBE NEWSWIRE) — Verb Technology Company, Inc.<\/u><\/strong><\/a> (Nasdaq: VERB) <\/strong>(“VERB” or the “Company”), the leader in interactive video-based sales-enablement applications, including MARKET.live<\/a>, its livestream social shopping platform, today announced that it has regained compliance with Nasdaq\u2019s listing requirements.<\/p>\n

The Company received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market, informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).<\/p>\n

As previously disclosed, on May 12, 2022, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Since then, Nasdaq has determined that for the 10 consecutive business days from April 19 through May 2, 2023, the closing bid price of the Company\u2019s common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.<\/p>\n

\n About VERB<\/strong>
\n
Verb Technology Company, Inc. (Nasdaq: VERB), the market leader in interactive video-based sales applications, transforms how businesses attract and engage customers. The Company\u2019s MARKET.live platform is a multi-vendor, presenter, livestream social shopping destination at the forefront of the convergence of ecommerce and entertainment, where hundreds of retailers, brands, creators and influencers can monetize their base of fans and followers across social media channels. The Company\u2019s Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology, is comprised of a suite of sales enablement business software products offered on a subscription basis. Its software applications are used by hundreds of thousands of people in over 100 countries and in more than 48 languages. VERB\u2019s clients include large sales-based enterprises as well as small business sales teams, including the sales and marketing departments of professional sports teams. With approximately 75 full-time employees, the Company is headquartered in Lehi, Utah, and it also maintains offices in Newport Beach, California.<\/p>\n

For more information, please visit: www.verb.tech<\/a>.<\/p>\n

\n Follow VERB here:<\/strong>
\n
VERB on Facebook:\u00a0https:\/\/www.facebook.com\/VerbTechCo\/<\/a>
VERB on Twitter:\u00a0https:\/\/twitter.com\/VerbTech_Co<\/a>
VERB on LinkedIn:\u00a0https:\/\/www.linkedin.com\/company\/verb-tech\/<\/a>
VERB on YouTube: https:\/\/www.youtube.com\/channel\/UC0eCb_fwQlwEG3ywHDJ4_KQ<\/a><\/p>\n

Sign up for E-mail Alerts here: https:\/\/ir.verb.tech\/news-events\/email-alerts<\/a><\/p>\n

\n FORWARD-LOOKING STATEMENTS<\/strong>\n <\/p>\n

This communication contains \u201cforward-looking statements\u201d as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as \u201canticipate,\u201d \u201cexpect,\u201d \u201cproject,\u201d \u201cplan,\u201d or words or phrases with similar meaning. Forward-looking statements contained in this press release relate to, among other things, the Company’s projected financial performance and operating results, including SaaS Recurring Revenue, as well as statements regarding the Company’s progress towards achieving its strategic objectives, including the successful integration and future performance of acquisitions. Forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to the COVID-19 pandemic and related public health measures on our business, customers, markets and the worldwide economy; our plans to attract new customers, retain existing customers and increase our annual revenue; the development and delivery of new products; our plans and expectations regarding software-as-a-service offerings; our ability to execute on, integrate, and realize the benefits of any acquisitions; fluctuations in our quarterly results of operations and other operating measures; increasing competition; general economic, market and business conditions. If any of these risks or uncertainties materialize, or if any of our assumptions prove incorrect, our actual results could differ materially from the results expressed or implied by these forward-looking statements. Investors are referred to our filings with the Securities and Exchange Commission, including our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.<\/p>\n

\n Investor Relations Contact:<\/strong>
\n
\n
\n investors@verb.tech<\/strong>
\n <\/a><\/p>\n

Media Contact:<\/strong>
\n
\n
\n info@verb.tech<\/strong>
\n <\/a>\n <\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEWPORT BEACH, Calif. and SALT LAKE CITY, May 04, 2023 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), the leader in interactive video-based sales-enablement applications, including MARKET.live, its livestream social shopping platform, today announced that it has regained compliance with Nasdaq\u2019s listing requirements. The Company received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market, informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). As previously disclosed, on May 12, 2022, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the … <\/p>\n

Continue reading “VERB Regains Compliance with Nasdaq Minimum Bid Price Requirement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-754981","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVERB Regains Compliance with Nasdaq Minimum Bid Price Requirement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VERB Regains Compliance with Nasdaq Minimum Bid Price Requirement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEWPORT BEACH, Calif. and SALT LAKE CITY, May 04, 2023 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. 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As previously disclosed, on May 12, 2022, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the … Continue reading "VERB Regains Compliance with Nasdaq Minimum Bid Price Requirement"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-04T14:34:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMTU1MiM1NTc0MDkxIzIwOTQ2MTA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"VERB Regains Compliance with Nasdaq Minimum Bid Price Requirement\",\"datePublished\":\"2023-05-04T14:34:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\"},\"wordCount\":751,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzMTU1MiM1NTc0MDkxIzIwOTQ2MTA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verb-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\",\"name\":\"VERB Regains Compliance with Nasdaq Minimum Bid Price Requirement - 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