SEC Form SC 13G filed by Verb Technology Company Inc.

 

(a)

 

Amount beneficially owned: Collectively, the Reporting Persons beneficially own 70,000 shares of Common Stock.

•    Corsair Capital individually owns 58,821 shares of Common Stock.

•    Corsair 100 individually owns 8,694 shares of Common Stock.

•    Corsair Investors individually owns 2,485 shares of Common Stock.

•    Corsair Management, as the investment manager of each of Corsair Capital, Corsair 100, and Corsair
      Investors may be deemed to beneficially own 70,000 shares of Common Stock.

•    Mr. Petschek, as a controlling person of Corsair Management, may be  deemed to individually beneficially own 70,000 shares of Common Stock.

•    Mr. Major, as a controlling person of Corsair Management, may be deemed to individually beneficially own 70,000 shares of Common Stock.

 

 

(b)

 

Percent of class: Collectively, as of October 14^th, 2024 the Reporting Persons may be deemed to have beneficially owned 70,000 shares of Common Stock representing 9.6% of all the outstanding shares of Common Stock. The foregoing percentage is based on 727,987 shares of Common Stock outstanding, which was calculated based on 145,597,352 shares of Common Stock outstanding as of August 9, 2024, as reported on the Issuer’s  Quarterly Report on Form 10-Q filed August 14, 2024, and giving effect to 1-for-200 reverse stock split effected on September 27, 2024, and disclosed in the Issuer’s Current Report on Form 8-K, filed on September 27, 2024.

Corsair Capital’s individual ownership of 58,821 shares of Common Stock represents 8.1% of all the outstanding shares of Common Stock.

Corsair 100’s individual ownership of 8,694 shares of Common Stock represents 1.2% of all the outstanding shares of Common Stock.

Corsair Investors’ individual ownership of 2,485 shares of Common Stock represents 0.3% of all the outstanding shares of Common Stock.

Corsair Management’s beneficial ownership of 70,000 shares of Common Stock represents 9.6% of all the outstanding shares of Common Stock.

The 70,000 shares of Common Stock deemed to be beneficially owned by Mr. Petschek represents 9.6% of all the outstanding shares of Common Stock.

 

The 70,000 shares of Common Stock deemed to be beneficially owned by Mr. Major represents 9.6% of all the outstanding shares of Common Stock.

 

 

(c)

 

Number of shares as to which the person has:  

 

 

 

 

(i)

Sole power to vote or to direct the vote shares of Common Stock

Not Applicable

 

 

 

 

(ii)

Shared power to vote or to direct the vote.

Corsair Capital, Corsair Management, Mr. Petschek and Mr. Major have shared power to vote or direct the vote for 58,821 shares of common Stock owned by Corsair Capital.

Corsair 100, Corsair Management, Mr. Petschek and Mr. Major have shared power to vote or direct the vote for 8,694 shares of common Stock owned by Corsair 100.

Capital Investors, Corsair Management, Mr. Petschek and Mr. Major have shared power to vote or direct the vote for 2,485 shares of common Stock owned by Corsair Investors.

 

 

 

 

(iii)

Sole power to dispose or to direct the disposition of shares of Common Stock

Not Applicable

 

 

 

 

(iv)

Shared power to dispose or to direct the disposition of:

Corsair Capital, Corsair Management, Mr. Petschek and Mr. Major have shared power to dispose or direct the disposition of the 58,821 shares of common Stock owned by Corsair Capital.

Corsair 100, Corsair Management, Mr. Petschek and Mr. Major have shared power to dispose or direct the disposition of the 8,694 shares of common Stock owned by Corsair 100.

Capital Investors, Corsair Management, Mr. Petschek and Mr. Major have shared power to dispose or direct the disposition of the 2,485 shares of common Stock owned by Corsair Investors.