Veritone, Inc. (VERI) Form 424B5 — May 21, 2026
Veritone, Inc. (VERI) has filed a prospectus supplement for an at-the-market equity offering of up to $50 million in common stock. The shares will be sold through sales agents UBS Securities, Needham & Company, and Craig-Hallum Capital Group, who will receive a commission of up to 3% of gross proceeds. The filing reveals significant financial distress, noting that the company’s net tangible book value was negative $39 million as of March 31, 2026, or negative $0.42 per share.
Key figures
- Gross Proceeds
- 50000000
- Offering Price
- 1.96
- Shares Outstanding
- 92958965
- Dilution Per Share
- 1.88
- Max Shares Offered
- 25510204
- Agent Commission Percent
- 3
- Convertible Notes Maturity
- November 2026
- Convertible Notes Principal
- 45580000
- Convertible Notes Interest Rate
- 1.75
- Adjusted Net Tangible Book Value Per Share
- 0.08
Price after filing
Close on the filing date to close N calendar days later (from $2.28). Historical, not a forecast.
AI analysis
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