Jesse Sobelson

Seth Gilbert

Glenn Mattson

Scott Buck

Glenn Matson

- 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)