Veritone amends credit agreement: liquidity covenant reduced to $10M, issues 228K shares as consent fee

Veritone, Inc.

Minimum liquidity covenant reduced from $15M to $10M through June 16, 2025.
Mandatory prepayment on asset sales increased to 100% of net proceeds (from 60%).
Future proceeds from Veritone One sale (earn-outs, escrow) must be used to repay debt.
Issued 228,311 shares of common stock to consenting lenders, valued at $500K based on $2.19/share.
Highbridge affiliates and Context Partners are consenting lenders; company releases them from prior claims.

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