お知らせ • Nov 30
Neerav Sangani Resigned as Board Member of Verus International, Inc Effective November 21, 2022, upon filing of this Form 8-K with the United States Securities and Exchange Commission, Neerav Sangani resigned as Board member of the Board of Directors, and from all other positions held with Verus International, Inc. and its subsidiaries, regardless of whether he served in such capacity. お知らせ • Sep 16
Verus International, Inc. announced delayed 10-Q filing On 09/15/2022, Verus International, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Jun 16
Verus International, Inc. announced delayed 10-Q filing On 06/15/2022, Verus International, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Jun 17
Verus International, Inc. announced delayed 10-Q filing On 06/15/2021, Verus International, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Apr 25
Wolf Haldenstein Adler Freeman & Herz LLP Files A Federal Securities Class Action Lawsuit Against Verus International, Inc. in the United States District Court for the District of Maryland Wolf Haldenstein Adler Freeman & Herz LLP announced that it has filed the initial federal securities class action lawsuit in the United States District Court for the District of Maryland on behalf of all persons or entities who purchased or otherwise acquired Verus International, Inc. common stock between June 17, 2019 and October 8, 2020, both dates inclusive (the “Class Period”). The Complaint alleges that Verus and certain executive made material misrepresentations and/or omitted the material information concerning: Verus’ ability to exploit its Big League Foods brand and the Major League Baseball License; The Company’s issues in production ramp-up related to Big League Foods and Verus’s ability timely satisfy demand and fulfill customer orders; The status of Verus’ controlling interest in ZC Top Apparel Manufacturing (“ZTAM”); Verus’ ability to unlock the capacity of ZTAM’s facilities to produce millions of masks; The status and strength of the Company’s working relationship with ZTAM; The accuracy of the Company’s financial results, business outlook and prospects; and that as a result of the foregoing, Verus’ public statements were materially false and misleading at all relevant times. Shares of Verus. traded as high as $0.037 per share (adjusted for January 13, 2021 reverse split) during the Class Period, and closed at $0.002 per share on October 8, 2020. お知らせ • Feb 18
Verus International, Inc. Announces Management Changes Verus International, Inc. provided this interim operational update in advance of filing its fiscal year 2020 annual results, which have been slightly delayed due to recent corporate changes. As part of an ongoing corporate repositioning, the company announced that it has promoted Andy Dhruv from his role as President of Verus Foods (Americas) to CEO of Verus International. Mr. Dhruv is an entrepreneur with deep roots in consumer and wholesale operations, with expertise in building national distribution networks. In addition to more than 15 years in the consumer products space at the retail level, Mr. Dhruv has also been instrumental in helping to develop the Pachyderm Labs (“Pachyderm”) CBD line. Former CEO Anshu Bhatnagar will retain his role as Chairman and will continue to be active in certain aspects of corporate governance and operations. お知らせ • Feb 02
Verus International, Inc. announced delayed annual 10-K filing On 02/01/2021, Verus International, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. お知らせ • Jan 16
Verus International Finalizes Distribution and Product Development Agreement with Texas-Based CBD Distributor Verus International, Inc. has finalized a distribution and product development agreement with Texas-based Toro Imports, one of the large CBD and related lifestyle products distributors in the industry. Under this Agreement, Toro will distribute Verus’ Pachyderm line of CBD products and will also work with Pachyderm to develop new products in emerging high-demand market segments. Toro will also carry Pachyderm CBD products in its own chain of retail stores. The initial launch will cover approximately 1,000 locations, with a longer-term goal of reaching all 5,000 plus locations served by the Toro sales network. Initial distribution will begin in Texas, then expand to Florida, Georgia and New Jersey. The initial launch will concentrate on 25 to 30 of Pachyderm SKUs. お知らせ • Dec 24
Verus International, Inc. Announces Resignation of Michael O'Gorman as Director On December 18, 2020, Michael O'Gorman resigned from the Board of Directors of Verus International, Inc. お知らせ • Dec 13
Verus International, Inc. Announces Resignation of Chris Cutchens as CFO On December 9, 2020, Mr. Chris Cutchens informed the Board of the Verus International, Inc. that he was resigning as the Company's Chief Financial Officer and will support an appropriate transition to be completed by January 8, 2021. お知らせ • Sep 04
Verus International, Inc. (OTCPK:VRUS) acquired Eliot's Adult Nut Butters LLC from Burst Management LLC, Resolut Partners LLC, Michael Kanter and Tyler Kirk for $0.4 million. Verus International, Inc. (OTCPK:VRUS) acquired Eliot's Adult Nut Butters LLC from Burst Management LLC, Resolut Partners LLC, Michael Kanter and Tyler Kirk for $0.4 million on September 1, 2020. The aggregate purchase price of $0.4 million plus the assumption of the assumed liabilities will be paid as (i) $0.025 million within six months of the closing date, (ii) $0.025 million within twelve months of the closing date; (iii) issuance of $0.06 million of the Verus International common stock based upon the closing market price on the closing date; (iv) earn out payments (up to a maximum of $0.29 million) to be paid quarterly at a rate equal to the greater of (i) $1.26 per case sold or (ii) five percent (5%) of the per case wholesale price; provided that certain gross profit margin and EBITDA conditions are also met.
Verus International, Inc. (OTCPK:VRUS) completed the acquisition of Eliot's Adult Nut Butters LLC from Burst Management LLC, Resolut Partners LLC, Michael Kanter and Tyler Kirk on September 1, 2020. お知らせ • Jul 31
Verus International, Inc. (OTCPK:VRUS) completed the acquisition of french fry operations in United Arab Emirates from certain sellers. Verus International, Inc. (OTCPK:VRUS) entered into an asset purchase agreement to acquire french fry operations in United Arab Emirates from certain sellers for AED 2 million on August 30, 2019. Under the terms of the agreement, Verus International, Inc. will pay AED 2 million in cash and also assume certain liabilities. The deal is subject to customary closing conditions including consummation of due diligence investigation and applicable government approvals received. The transaction is expected to be completed on or about September 6, 2019. Sheppard, Mullin, Richter & Hampton LLP acted as legal advisor to Verus International, Inc.
Verus International, Inc. (OTCPK:VRUS) completed the acquisition of french fry operations in United Arab Emirates from certain sellers on September 6, 2019. お知らせ • Jun 17
Verus International, Inc. announced delayed 10-Q filing On 06/16/2020, Verus International, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.