Veritone raises $75 million through registered direct offering

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Go back to Veritone raises $75 million through registered direct offering

Veritone Announces Equity Offering of $75 Million

October 16, 2025 8:30 AM EDT

IRVINE, Calif.--(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 12,864,494 shares of common stock at a purchase price of $5.83 per share in a registered direct offering. The closing of the registered direct offering is expected to occur on or about October 17, 2025, subject to the satisfaction of customary closing conditions. Needham & Company acted as sole placement agent in the registered direct offering for certain... More