Veritone, Inc. Signs Material Definitive Agreement
Ticker: VERI · Form: 8-K · Filed: Nov 20, 2024 · CIK: 1615165
| Field | Detail |
|---|---|
| Company | Veritone, Inc. (VERI) |
| Form Type | 8-K |
| Filed Date | Nov 20, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $35.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, definitive-agreement
Related Tickers: VERI
TL;DR
VERI signed a big deal, details TBD.
AI Summary
On November 19, 2024, Veritone, Inc. entered into a material definitive agreement. The filing does not disclose specific details of the agreement, such as the counterparty or financial terms, but indicates it is a significant event requiring an 8-K filing.
Why It Matters
This filing signals a significant business development for Veritone, Inc., potentially impacting its operations, partnerships, or financial standing.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and implications of the material definitive agreement.
Key Players & Entities
- Veritone, Inc. (company) — Registrant
- November 19, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 1615 Platte Street 2nd Floor Denver, Colorado 80202 (address) — Principal Executive Offices
FAQ
What is the nature of the material definitive agreement Veritone, Inc. entered into?
The filing does not specify the nature of the agreement, only that it is a material definitive agreement.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the identity of the other party involved in the agreement.
What is the effective date of this material definitive agreement?
The earliest event reported is November 19, 2024, which is the date of the report.
Are there any financial terms or obligations associated with this agreement disclosed in the filing?
No specific financial terms or obligations are detailed in this 8-K filing.
Does this agreement represent an acquisition, partnership, or other specific type of transaction?
The filing does not provide enough information to categorize the specific type of transaction.
Filing Stats: 1,120 words · 4 min read · ~4 pages · Grade level 11.5 · Accepted 2024-11-20 06:15:52
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share VERI The Nasdaq Stock Mar
- $35.0 million — ng an aggregate offering price of up to $35.0 million from time to time through the Sales Age
Filing Documents
- d791388d8k.htm (8-K) — 31KB
- d791388dex11.htm (EX-1.1) — 196KB
- d791388dex51.htm (EX-5.1) — 10KB
- g791388g1120043514929.jpg (GRAPHIC) — 2KB
- 0001193125-24-262083.txt ( ) — 421KB
- veri-20241119.xsd (EX-101.SCH) — 3KB
- veri-20241119_lab.xml (EX-101.LAB) — 18KB
- veri-20241119_pre.xml (EX-101.PRE) — 11KB
- d791388d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit No. Description 1.1 Sales Agreement, by and among Veritone, Inc., Needham & Company, LLC and H.C. Wainwright & Co., LLC, dated November 19, 2024. 5.1 Opinion of Cooley LLP. 23.1 Consent of Cooley LLP (contained in Exhibit 5.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: November 20, 2024 VERITONE, INC. By: /s/ Michael L. Zemetra Michael L. Zemetra Executive Vice President, Chief Financial Officer and Treasurer