Verb Technology to Publish Chairman's Message on September 5 After Rebranding as TON Strategy Company
Company Announcement
Chairman's Message Launch: Verb Technology Company, Inc. will release its inaugural "Chairman's Message" on September 5, 2025, presented by Executive Chairman Manuel Stotz. This message aims to provide insights into the company's strategy and vision for stockholders and the market.
Name and Ticker Change: The company will officially change its name to "TON Strategy Company" on September 2, 2025, and will also change its Nasdaq ticker symbol from "VERB" to "TONX" on the same date.
Strategic Focus
Investment in TON: The Chairman's Message series will highlight the company's commitment to securing The Open Network (TON) blockchain through the purchase and staking of Toncoin ($TON), the native cryptocurrency of the TON blockchain.
Financial Position: Following a $558 million private placement and the announcement of over $780 million in treasury assets, the company is positioned for growth. Stotz emphasized the importance of transparency in building the largest publicly traded treasury reserve of $TON.
Mission and Vision
Long-term Treasury Strategy: The company aims to build a sustainable treasury in $TON, providing public market investors with opportunities to enhance the $TON ecosystem. It seeks to act as an infrastructure provider by securing the network through its activities.
Integration with Telegram: TON is uniquely integrated within Telegram, facilitating wallets, payments, and applications. This integration is expected to enhance the utility of the platform and support a growing developer community.
Business Operations
- Legacy Technology Utilization: Verb Technology continues to leverage its social commerce technology and video marketing expertise through platforms like MARKET.live and the recently acquired LyveCom, which enhances omnichannel livestream shopping experiences.
Forward-Looking Statements
- Risk and Uncertainty: The press release includes forward-looking statements that are subject to risks and uncertainties, which may affect actual results. The company disclaims any obligation to update these statements except as legally required.
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