Los Alamitos, Calif. and Las Vegas, Oct. 04, 2024 (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 its stockholders voted to authorize the Company's Board of Directors to institute a 1-for-200 reverse stock split of its common stock shares and that the common stock shares will begin trading on a split-adjusted basis at the commencement of trading on October 9, 2024. The Company's shares will continue to trade on the Nasdaq Capital Market under the same symbol 'VERB' with a new CUSIP number, 92337U302.

As set forth in the current report on Form 8-K filed with the Securities and Exchange Commission (the 'SEC”), on September 26, 2024, the Company held an annual meeting of stockholders (the 'Annual Meeting”) to vote on four Proposals, including Proposal number 2 which was to authorize the Board of Directors to effect a reverse stock split of the outstanding shares of common stock within one (1) year of September 26, 2024, at a specific ratio within a range of one-for-five (1-for-5) to a maximum of a one-for-two-hundred (1-for-200).