Form 4: Corsair Capital Increases Stake in Verb Technology Company, Inc.
SEC Form 4
Corsair Capital and related entities report multiple transactions involving the acquisition and disposition of Verb Technology Company, Inc. common stock between October 21 and October 23, 2024.
Summary
- Corsair Capital Management, L.P., along with affiliated entities Corsair Capital Partners, L.P., Corsair Capital Partners 100, L.P., and Corsair Capital Investors, Ltd, reported changes in their beneficial ownership of Verb Technology Company, Inc. common stock.
- The transactions occurred between October 21, 2024, and October 23, 2024.
- These transactions involved both the acquisition and disposition of shares at prices ranging from $9.5788 to $11.0301 per share.
- The reported transactions resulted in adjustments to the number of shares beneficially owned by each entity.
- Corsair Capital Partners, L.P. increased its holdings to 84,031 shares.
- Corsair Capital Partners 100, L.P. increased its holdings to 12,421 shares.
- Corsair Capital Investors, Ltd increased its holdings to 3,548 shares.
- These entities may be deemed to be part of a Section 13(d) group collectively owning more than 10% of Verb Technology's outstanding shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- Increased investment by Corsair Capital could be seen as a positive signal for Verb Technology Company, Inc.
Risks
- The document does not provide any specific information that would indicate any risks.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of significant shareholders.
Stakeholder Impact
- The transactions could influence investor perception of Verb Technology Company, Inc.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Multiple transactions involving the purchase and sale of common stock by Corsair Capital entities. |
| 10/22/2024 | Further purchases of common stock by Corsair Capital entities. |
| 10/23/2024 | Additional purchases of common stock by Corsair Capital entities and filing date of the Form 4. |
Keywords
Verb Technology Company Inc., Corsair Capital, beneficial ownership, Form 4, stock transactions, securities
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