Business Context and Reporting Period
This Form 8-K is a current report filed by Verb Technology Company, Inc. (trading as VERB and VERBW on Nasdaq) on August 20, 2020, regarding events occurring on August 19, 2020. The filing addresses the scheduling of the 2020 Annual Meeting of Stockholders and the establishment of new deadlines for shareholder proposals and director nominations.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly procedural and contains no financial performance data.
Material Changes
The primary material change is the rescheduling of the 2020 Annual Meeting. The meeting is now set for October 16, 2020, at 3:00 p.m. PDT, to be held virtually. This date differs by more than thirty days from the anniversary of the 2019 Annual Meeting (December 20, 2019), rendering previous deadlines for shareholder proposals and director nominations inapplicable.
Guidance, Outlook, and Management Commentary
- Meeting Details: The 2020 Annual Meeting will be conducted via remote communication.
- Record Date: The record date for determining stockholders entitled to vote is the close of business on August 19, 2020.
- New Deadlines: To be considered for inclusion in the proxy materials, stockholder proposals and director nominations must be received by the Corporate Secretary on or before September 3, 2020.
- Submission Address: Proposals should be sent to Rory J. Cutaia at the company's principal executive offices in Newport Beach, California.
Key Facts for Investor Verification
- Verify the new Annual Meeting date of October 16, 2020, and the virtual format.
- Confirm the September 3, 2020, deadline for submitting shareholder proposals and director nominations.
- Check the record date of August 19, 2020, to determine voting eligibility.
- Note that the filing contains no financial results or operational guidance.