VERB Overview

• Emergence of Digital Asset Treasuries (DATs): Firms are evolving from simply holding digital assets to utilizing locked tokens purchased at discounts, creating complex financial structures that may not provide immediate liquidity or shareholder value.

• Locked-Token Arbitrage: DATs acquire locked tokens at significant discounts, which are illiquid but can enhance balance-sheet value, allowing firms to leverage these assets for equity issuance or loans despite their restrictions.

• Governance and Market Influence: As DATs accumulate large amounts of locked tokens, they may gain disproportionate governance rights and influence over ecosystems, raising concerns about transparency and decentralization in crypto markets.

• Investor Considerations: Investors should monitor the liquid versus locked token ratios, the terms of discounts, and unlock schedules to understand the true value and risks associated with investing in DATs.

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.

• Company's Treasury Assets: Verb Technology Company, Inc. (to be renamed Ton Strategy Company) announced treasury assets exceeding $780 million, including $713 million in Toncoin and $67 million in cash, as part of its $TON treasury strategy.

• Private Placement Success: The announcement follows a successful $558 million private placement with over 110 institutional investors, primarily used to acquire Toncoin as the company's main treasury reserve asset.

• Strategic Goals: The company aims to accumulate over 5% of Toncoin's circulating supply to enhance network security and intends to increase its Toncoin holdings through reinvestment and staking rewards.

• Integration with Telegram: Toncoin is integrated with Telegram's Mini App ecosystem, providing users access to wallets and payments, leveraging Telegram's large user base of over one billion monthly active users.

• Coinbase Ventures Investment: Coinbase Ventures has invested in Toncoin, the native asset of The Open Network blockchain, which supports Telegram's web3 infrastructure. The investment is seen as a strong vote of confidence, although details regarding the amount and transaction specifics were not disclosed.

• Significance of TON: The TON Foundation has attracted notable institutional investors like Sequoia Capital and Pantera Capital, highlighting its potential due to Telegram's large user base. Recent developments include Verb Technology's significant private placement aimed at making Toncoin its primary treasury reserve asset.

• Successful PIPE Transaction: Verb Technology Company has successfully closed a $558 million private placement, marking a significant step towards becoming the largest publicly traded treasury reserve of Toncoin ($TON), the cryptocurrency associated with the TON blockchain integrated with Telegram.

• Company Strategy and Leadership: The company plans to use the proceeds from the PIPE transaction to acquire Toncoin as its primary treasury asset while rebranding as TON Strategy Co. The leadership team includes experienced professionals from the blockchain and finance sectors, aiming to enhance their digital asset strategy.

• U.S. Stock Market Performance: U.S. stocks rose significantly on Monday, with the S&P 500 gaining over 1%, while communication services saw a notable increase of 2.3%. However, energy stocks fell by 0.6%.

• Company Earnings and Market Reactions: ON Semiconductor's shares dropped over 12% after reporting a revenue decline, while BT Brands and Verb Technology saw substantial gains due to strategic initiatives and private placements, respectively.