Jesse Sobelson

Seth Gilbert

Glenn Mattson

Scott Buck

Glenn Matson

- Veritone has entered into a definitive agreement for a registered direct offering to sell **12,864,494 shares** of common stock at a purchase price of **$5.83 per share**.  **[1615165_9669e32a3d9d48e79123a3b116ad5baa_0]** 
- The offering is expected to generate approximately **$75 million** in aggregate gross proceeds for the company.  **[1615165_9669e32a3d9d48e79123a3b116ad5baa_0]** 
- The closing of the registered direct offering is anticipated to occur on or about **October 17, 2025**.  **[1615165_9669e32a3d9d48e79123a3b116ad5baa_0]** 
- The net proceeds from the offering will be used for **working capital and general corporate purposes**, including capital expenditures, debt service, and repayment of indebtedness.  **[1615165_9669e32a3d9d48e79123a3b116ad5baa_0]**

Veritone Announces $75 Million Equity Offering

- Veritone, Inc. announced a **registered direct offering** for the purchase and sale of **12,864,494 shares** of common stock.  **[1615165_0001193125-25-240869_d48526dex991.htm:0]** **[1615165_0001193125-25-240869_d48526d8k.htm:1]** 
- The shares are being offered at a purchase price of **$5.83 per share**.  **[1615165_0001193125-25-240869_d48526dex991.htm:0]** **[1615165_0001193125-25-240869_d48526d8k.htm:1]** 
- The offering is expected to generate approximately **$75 million** in aggregate gross proceeds for the company.  **[1615165_0001193125-25-240869_d48526dex991.htm:0]** **[1615165_0001193125-25-240869_d48526d8k.htm:1]** 
- The closing of the offering is anticipated on or about **October 17, 2025**.  **[1615165_0001193125-25-240869_d48526dex991.htm:0]** **[1615165_0001193125-25-240869_d48526d8k.htm:1]** 
- The company intends to use the net proceeds for **working capital and general corporate purposes**, including capital expenditures, debt service, and repayment of indebtedness.  **[1615165_0001193125-25-240869_d48526dex991.htm:0]** **[1615165_0001193125-25-240869_d48526d8k.htm:1]**

Veritone Announces Equity Offering

- Veritone, Inc. announced preliminary, unaudited financial results for the quarter ended **September 30, 2025**.  **[1615165_0001193125-25-240645_d68192d8k.htm:1]** 
- The company expects **revenue** to be between **$28.5 million to $28.7 million**, representing an increase of **30.5%** (measured at the midpoint) compared to the quarter ended September 30, 2024.  **[1615165_0001193125-25-240645_d68192d8k.htm:1]** 
- **GAAP net loss** is anticipated to be between **$19.3 million to $29.3 million**, an increase of **7.9%** (measured at the midpoint) compared to the net loss from continuing operations in the prior year's quarter.  **[1615165_0001193125-25-240645_d68192d8k.htm:1]** **[1615165_0001193125-25-240645_d68192d8k.htm:7]** 
- **Non-GAAP net loss** is expected to range from **$5.5 million to $6.0 million**, a **48.2% increase** (measured at the midpoint) compared to the non-GAAP net loss from continuing operations in the quarter ended September 30, 2024.  **[1615165_0001193125-25-240645_d68192d8k.htm:1]** **[1615165_0001193125-25-240645_d68192d8k.htm:7]**

Veritone, Inc. Announces Preliminary Q3 2025 Financial Results

- Veritone announced **major contract wins** to deploy its Veritone Data Refinery (VDR) product offering with leading hyperscalers.  **[1615165_0001615165-25-000016_a2025-10x14preliminaryq3ea.htm:0]** 
- The company's near-time VDR pipeline and recent bookings total nearly **$40 million**, which is a **100% increase** from August 2025.  **[1615165_0001615165-25-000016_a2025-10x14preliminaryq3ea.htm:0]** 
- For Q3 2025, Veritone anticipates preliminary, unaudited revenue between **$28.5 million to $28.7 million**, representing a **30.5% increase** at the midpoint from Q3 2024.  **[1615165_0001615165-25-000016_a2025-10x14preliminaryq3ea.htm:1]** 
- Preliminary, unaudited Non-GAAP Net Loss for Q3 2025 is expected to be between **$5.5 million to $6.0 million**, which is a **48.2% increase** from the midpoint compared to Non-GAAP Net Loss from continuing operations in Q3 2024.  **[1615165_0001615165-25-000016_a2025-10x14preliminaryq3ea.htm:1]**

Veritone Announces VDR Contract Wins and Updates Q3 Financial Outlook

- Veritone Inc. has secured major contracts for its Veritone Data Refinery (VDR) platform, significantly boosting its pipeline and bookings to **nearly $40 million**, doubling since August.  **[1615165_90426ca37d8840bdbd8f5dd4f6a99c7d]** 
- The company projects **Q3 2025 revenue** to be between **$28.5 million and $28.7 million**, marking a **30% year-over-year increase**, though it anticipates a wider **non-GAAP net loss of $5.5 million to $6.0 million**.  **[1615165_90426ca37d8840bdbd8f5dd4f6a99c7d]** 
- Veritone's VDR platform is gaining traction with hyperscalers and AI model developers, with the company planning to formalize partnerships with nearly every major hyperscaler by the end of **2025**.  **[1615165_90426ca37d8840bdbd8f5dd4f6a99c7d]** 
- Despite a strong gross margin of **67.8%**, Veritone faces operational challenges, reflected in a high debt-to-equity ratio of **96.59** and liquidity ratios (current and quick) both at **0.89**, suggesting potential liquidity constraints.  **[1615165_90426ca37d8840bdbd8f5dd4f6a99c7d]**

Veritone Secures Major Contracts, Projects Strong Q3 2025 Revenue Growth

- Veritone announced **VDR contract wins** with leading hyperscalers, bringing its near-time VDR pipeline and recent bookings to nearly **$40 million**, a **100% increase** from August 2025.  **[1615165_275f6c1a5f2640f183f85e8a5f4e26e3_0]** **[1615165_275f6c1a5f2640f183f85e8a5f4e26e3_1]** 
- The company expects preliminary, unaudited **Q3 2025 revenue** to be between **$28.5 million to $28.7 million**, marking a **30.5% increase** at the midpoint from Q3 2024.  **[1615165_275f6c1a5f2640f183f85e8a5f4e26e3_1]** 
- Preliminary, unaudited **Non-GAAP Net Loss for Q3 2025** is projected to be between **$5.5 million to $6.0 million**, which is a **48.2% increase** from the midpoint compared to Q3 2024.  **[1615165_275f6c1a5f2640f183f85e8a5f4e26e3_1]**

Veritone Announces Preliminary Q3 2025 Results and VDR Contract Wins

- Veritone, Inc. announced the **pricing** of an underwritten public offering of **9,505,705 shares** of its common stock at **$2.63 per share**, expecting aggregate gross proceeds of approximately **$25 million**.  **[1615165_0001193125-25-202294_d43084dex992.htm:0]** 
- The company granted underwriters an option to purchase up to an additional **1,425,855 shares**, which was **exercised in full** on **September 11, 2025**.  **[1615165_0001193125-25-202294_d43084dex992.htm:0]** **[1615165_0001193125-25-202294_d43084d8k.htm:1]** 
- The offering **closed on September 12, 2025**, resulting in net proceeds to the company of approximately **$26.8 million**.  **[1615165_0001193125-25-202294_d43084dex992.htm:0]** **[1615165_0001193125-25-202294_d43084d8k.htm:1]** 
- Veritone intends to use the net proceeds for **working capital and general corporate purposes**, including debt service and repayment of indebtedness.  **[1615165_0001193125-25-202294_d43084dex991.htm:0]** **[1615165_0001193125-25-202294_d43084dex992.htm:0]**

Veritone announces pricing and closing of common stock offering

- Veritone, Inc. announced an **underwritten public offering** of approximately **9.5 million shares** of its common stock at **$2.63 per share**, aiming to raise around **$25 million** before expenses.  **[1615165_2624dacbd4614a27a218ec13d2f137de]** 
- The offering is expected to **close on September 12, 2025**, subject to customary closing conditions.  **[1615165_2624dacbd4614a27a218ec13d2f137de]** 
- Proceeds from the offering are intended for **working capital, general corporate purposes, and debt repayment**.  **[1615165_2624dacbd4614a27a218ec13d2f137de]** 
- Following the announcement, Veritone's shares **declined sharply by as much as 21%** in premarket trading.  **[1615165_2624dacbd4614a27a218ec13d2f137de]** 
- At the time of the offering, Veritone's stock had a market capitalization of **$212.2 million** with approximately **55.3 million shares outstanding**.  **[1615165_2624dacbd4614a27a218ec13d2f137de]**

Veritone Announces Public Stock Offering

- Veritone, Inc. entered into a **Fourth Amendment to its Credit and Guaranty Agreement** on **August 29, 2025**.  **[1615165_0001193125-25-195046_d85076d8k.htm:0]** **[1615165_0001193125-25-195046_d85076dex101.htm:0]** **[1615165_0001193125-25-195046_d85076d8k.htm:1]** 
- This amendment modifies the **minimum Consolidated Liquidity threshold**.  **[1615165_0001193125-25-195046_d85076dex101.htm:0]** 
- The minimum Consolidated Liquidity covenant is set at **$5,000,000** from June 13, 2025, through **September 12, 2025**.  **[1615165_0001193125-25-195046_d85076dex101.htm:0]** **[1615165_0001193125-25-195046_d85076d8k.htm:1]** 
- Subsequently, the minimum Consolidated Liquidity will increase to **$15,000,000** from **September 13, 2025**, and extending through maturity.  **[1615165_0001193125-25-195046_d85076dex101.htm:0]** **[1615165_0001193125-25-195046_d85076d8k.htm:1]**

Veritone (VERI)