secwatch.observer — SEC 8-K summary
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Issuer:     Veritone, Inc. (VERI)
CIK:        0001615165
Form:       8-K
Filed at:   2026-10-01T11:51:27+00:00
Accession:  0001193125-26-409847
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Veritone raises $15.0M in registered direct offering of 20M shares to repay convertible debt
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- Sells 20,000,000 shares of common stock for expected gross proceeds of ~$15.0 million, implying roughly $0.75 per share; closing expected on or about October 2, 2026.
- Net proceeds plus existing cash will repay and/or restructure a portion of Veritone's convertible debt and fund working capital and general corporate purposes.
- Securities purchase agreement dated September 30, 2026 with named purchasers; Needham & Company and A.G.P/Alliance Global Partners acted as co-placement agents for certain investors.
- Shares sold under the company's Form S-3 shelf (File No. 333-280148), originally filed June 12, 2024 and effective June 21, 2024; 20M new shares represent potential dilution to existing holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615165/000119312526409847/0001193125-26-409847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615165/000119312526409847/d42732d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-409847

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