$ Value
$1000K
Shares
366,300
Price
$3
Filed
Aug 13
Insider
Name
Steelberg Ryan
Title
PRESIDENT AND CEO
CIK
0001705446
Roles
Transaction Details
Transaction Date
2025-08-12
Code
A
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
581,474
Footnotes
The shares were issued pursuant to a securities purchase agreement, dated June 30, 2025, between the Issuer and the Reporting Person, pursuant to which the Reporting Person agreed to purchase from the Issuer, and the Issuer agreed to issue and sell to the Reporting Person, shares of the Issuer's common stock for a gross aggregate offering price of $1.0 million, at a price per share equal to the greater of (i) $1.41 (representing the consolidated closing bid price of the Issuer's common stock on June 27, 2025) and (ii) the consolidated closing bid price of the Issuer's common stock on the date that is the second full trading day after the date on which the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 is filed with the SEC. In accordance with SEC rules, the transaction became reportable pursuant to Section 16 of the Securities Exchange Act upon the fixing of the purchase price on August 12, 2025. | The price is equal to the consolidated closing bid price of the Issuer's common stock on August 12, 2025. | Reporting person is the trustee of The RSS Living Trust dated April 6, 2012 and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. | Shares are held by RVH, LLC, a limited liability company. Reporting person is the sole manager and member of RVH, LLC.
Filing Info
Steelberg Ryan's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2025-08-12 | VERI | A | $1000K |
Other Insiders at VERI (90d)
No other insider activity at this issuer in the last 90 days.