Veritone (VERI) Announces Equity Offering of $10 Million Backed by CEO

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Veritone Announces Equity Offering of $10 Million Backed by CEO

June 30, 2025 9:24 AM EDT

CEO Ryan Steelberg Invests $1 million in common stock

The aggregate proceeds of $10 million will be used to fuel strategic growth

DENVER--(BUSINESS WIRE)-- 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 6,452,293 shares of common stock and pre-funded warrants to purchase up to 1,804,587 shares of its common stock at a purchase price of $1.09 per share (or $1.08 for each... More