Veritone Announces Equity Offering of $15.0 Million
Business Wire•01/10/2026•07:45 ET
0
Key Highlights
- ➤20,000,000 shares offered in Veritone’s (VERI) registered direct offering
- ➤$15.0 million gross proceeds expected before offering expenses
- ➤Net proceeds target convertible debt repayment or restructuring
- ➤Offering closing expected on or about October 2, 2026
Veritone, Inc. (NASDAQ: VERI) (“Veritone” or the “Company”), a leader in building human-centered enterprise AI solutions, today announced that it has entered into a definitive agreement providing for the purchase and sale of an aggregate of 20,000,000 shares of common stock in a registered direct offering. The closing of the registered direct offering is expected to occur on or about October 2, 2026, subject to the satisfaction of customary closing conditions.
Needham & Company and A.G.P/Alliance Global Partners acted as co-placement agents in the registered direct offering for certain investors.
Get started
Create a free account to read the full story.