Veritone Announces $15M Registered Direct Offering

Veritone, Inc. has entered into a securities purchase agreement for a registered direct offering of 20,000,000 shares of its common stock. The offering is expected to generate gross proceeds of approximately $15.0 million before expenses. The company intends to use the net proceeds to repay or restructure a portion of its convertible debt, and for general working capital and corporate purposes. The offering is expected to close on or about October 2, 2026, subject to customary closing conditions. Needham & Company and A.G.P./Alliance Global Partners served as co-placement agents.