Verb Technology Company Inc (VERB)

[Anvil]

Saw this on another board. I missed this in recent 10Q:

“On May 16, 2023, the Company received a redemption notice of $0.3 million under the terms of the November Note Purchase Agreement. The Company missed two payments resulting in a Payment Failure Balance Increase of 10% on the outstanding principal balance per occurrence pursuant to the terms of the agreement totaling $1.2 million. During the six months ended June 30, 2023, the Company paid $0.4 million in cash and $0.3 million in shares. As of June 30, 2023, the outstanding balance of the Notes amounted to $6.4 million.”