Verb Technology (VERB, Financial) has completed the acquisition of Lyvecom, solidifying the deal on April 11, 2025, with a comprehensive agreement to purchase all outstanding shares of the social commerce platform. The transaction, now finalized, involved a payment package that totals approximately $5.23 million in cash and stock considerations.
The purchase price was structured with an upfront cash payment of $3 million. Additionally, Verb Technology committed to settling $1,125,000 in Simple Agreement for Future Equity (SAFE) instruments owed to specific Lyvecom investors and paid $100,000 to a related party to cover an existing loan.
As part of the transaction, Verb Technology issued 184,812 restricted common shares, valued at $1 million based on a 30-day volume weighted average price of about $5.41 per share on the closing date. These shares are subject to specific lock-up and leak-out agreements to manage their distribution.
Moreover, the agreement includes a potential earn-out of up to $3 million, contingent on Lyvecom meeting particular performance goals over the next 24 months. This earn-out structure aligns incentives between the companies to drive continued success following the acquisition.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Verb Technology Co Inc (VERB, Financial) is $100.00 with a high estimate of $100.00 and a low estimate of $100.00. The average target implies an upside of 2,167.57% from the current price of $4.41. More detailed estimate data can be found on the Verb Technology Co Inc (VERB) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Verb Technology Co Inc's (VERB, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
