Sichenzia Ross Ference Carmel LLP Congratulates Verb Technology on Closing of $558 Million Private Placement

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Press Release — New York, NY — August 12, 2025 — Sichenzia Ross Ference Carmel LLP congratulates client Verb Technology Inc. (Nasdaq: VERB), a livestream social commerce platform connecting brands, influencers and retailers with a global audience, on the closing of its $558 million private placement offering and its announced strategy to become the first publicly traded treasury reserve of Toncoin ($TON), the native cryptocurrency of The Open Network (“TON”) blockchain, in partnership with Kingsway Capital. 

It was the firm’s pleasure to help orchestrate the transaction and work with Verb Technology’s legacy management over the last several years.