Replies to post #115220 on Verb Technology Company Inc (VERB)

[tedpeele]

It sounds like the benefit to your idea is that the offering price could be much higher, thus limiting dilution greatly.

That's a bit in line with what I was asking about a couple of months ago here: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143487297&txt2find=contingent

Thanks for your thoughts.

[tedpeele]

re your theory about the timing of the acquisition, it looks to me like this info on the S1-A may address it:

<<Conditions to Closing the Sound Concepts Acquisition


Completion of the Sound Concepts Acquisition is subject to the satisfaction or waiver of certain conditions. In addition to customary closing conditions, our obligation to complete the Sound Concepts Acquisition is conditioned upon the consummation of this offering and receipt by us of offering proceeds that will be used to pay for all or a portion of the Acquisition Cash Payment.


Closing


Subject to the conditions of the Merger Agreement, the closing of the Sound Concepts Acquisition will occur by electronic exchange of documents no later than three business days after the last of the closing conditions, including, without limitation, the Offering Condition, has been satisfied or waived. Currently, we anticipate the closing of the Sound Concepts Acquisition to occur in the first quarter of fiscal 2019; however, there can be no assurance that the Sound Concepts Acquisition will close in the first quarter of fiscal 2019, or at all.>>