Friday, May 17, 2024 9:00:38 AM
nFusz / $VERB had the same agreement with Kodiak Capital on their run up to Nasdaq.
$FUSZ had $0 Revenues.
It has since been announced that nFüsz has put stock to Kodiak. In an 8-K dated 3/9/18, the company stated:
On March 5, 2018, we effected an agreement with Kodiak, pursuant to which we put 2,308,460 shares to Kodiak for net proceeds of $925,000, or approximately $0.40 per share, and we put 739,645 shares to Kodiak for net proceeds of $75,000, or approximately $0.10 per share (referred to collectively as the “March Put”).
This would be the first half of the put agreement, with another $1MM dollars worth of common stock still available.
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