Veritone, Inc. [VERI] - Registered Direct Offering
Veritone, Inc. is conducting a registered direct offering of common stock, trading under the ticker VERI on The Nasdaq Stock Market.
Why this matters
Veritone, Inc., a Delaware-incorporated company operating in the computer processing and data preparation industry, is conducting a registered direct offering of 20,000,000 shares of common stock. This offering is expected to generate approximately $15.0 million in gross proceeds, which the company plans to use to repay or restructure a portion of its convertible debt and for general corporate purposes. The transaction is set to close around October 2, 2026, subject to customary closing conditions, with Needham Company and A.G.P/Alliance Global Partners acting as co-placement agents.