Replies to post #25067 on Verb Technology Company Inc (VERB)

[yerboss]

I doubt it as there wasn't that much trading above that price that would make exercising them profitable. At $0.25 if they do it would be a good thing for FUSZ.

[trding]

The didn't get the 25c warrants, they were only given if certain conditions were met.

Effective September 26, 2017 and as an additional commitment fee under the Purchase Agreement, the Company issued to Purchaser a Common Stock Purchase Warrant (“First Warrant”), dated September 15, 2017, to purchase up to 1,000,000 shares of the Company’s Common Stock at an initial exercise price of $0.15 per share. The Company and Purchaser have also contemplated the issuance by Company to Purchaser of two additional Common Stock Purchase Warrants (the “Second Warrant” and the “Third Warrant” and, together with the First Warrant, the “Warrants”). The Second Warrant, to be issued only upon the filing of the Registration Statement, entitles Purchaser to purchase up to 1,000,000 shares of the Company’s common stock at an initial exercise price of $0.20 per share. The Third Warrant, to be issued only upon the first Closing Date, entitles Purchaser to purchase up to 4,000,000 shares of the Company’s common stock at an initial exercise price of $0.25 per share. The exercise price and number of warrant shares under each of the Warrants are subject to adjustments provided for in each such Warrant and are subject to the Beneficial Ownership Limitation.