Veritone, Inc. Files 8-K with Material Agreement Details
Ticker: VERI · Form: 8-K · Filed: Jan 2, 2025 · CIK: 1615165
| Field | Detail |
|---|---|
| Company | Veritone, Inc. (VERI) |
| Form Type | 8-K |
| Filed Date | Jan 2, 2025 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.001, $2.53, $2.52, $0, $20.3 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-k, disclosure
TL;DR
Veritone just dropped an 8-K on a big deal - check the filings!
AI Summary
On January 2, 2025, Veritone, Inc. filed an 8-K report detailing a material definitive agreement. The filing also included Regulation FD disclosures and other events, along with financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located in Denver, Colorado.
Why It Matters
This 8-K filing signals a significant new contract or partnership for Veritone, Inc., which could impact its future revenue and strategic direction.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood by the market.
Key Players & Entities
- Veritone, Inc. (company) — Registrant
- January 2, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 1615 Platte Street 2nd Floor Denver, Colorado 80202 (address) — Principal Executive Offices
- 888-507-1737 (phone_number) — Registrant's Telephone Number
FAQ
What is the nature of the material definitive agreement filed by Veritone, Inc.?
The 8-K filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in the header information.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on January 2, 2025.
Where are Veritone, Inc.'s principal executive offices located?
Veritone, Inc.'s principal executive offices are located at 1615 Platte Street, 2nd Floor, Denver, Colorado 80202.
What is Veritone, Inc.'s IRS Employer Identification Number?
Veritone, Inc.'s IRS Employer Identification Number is 47-1161641.
What is the SIC code for Veritone, Inc.?
The Standard Industrial Classification (SIC) code for Veritone, Inc. is 7374, which falls under SERVICES-COMPUTER PROCESSING & DATA PREPARATION.
Filing Stats: 1,809 words · 7 min read · ~6 pages · Grade level 12.9 · Accepted 2025-01-02 07:50:31
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share VERI The Nasdaq Stock Mar
- $2.53 — s." The offering price of each Share is $2.53 per share. The offering price of each P
- $2.52 — ing price of each Pre-Funded Warrant is $2.52 (equal to the offering price per Share,
- $0 — to the offering price per Share, minus $0.01, the exercise price of each Pre-Fund
- $20.3 m — fering are expected to be approximately $20.3 million, before deducting offering expens
- $0.01 — of Common Stock at an exercise price of $0.01 per share. Subject to the Maximum Perce
- $4.5 million — ny had completed sales of approximately $4.5 million gross proceeds upon the sale of 1,707,7
Filing Documents
- d859534d8k.htm (8-K) — 40KB
- d859534dex41.htm (EX-4.1) — 74KB
- d859534dex51.htm (EX-5.1) — 14KB
- d859534dex101.htm (EX-10.1) — 159KB
- d859534dex991.htm (EX-99.1) — 10KB
- g859534g0102115545643.jpg (GRAPHIC) — 2KB
- 0001193125-25-000140.txt ( ) — 500KB
- veri-20250102.xsd (EX-101.SCH) — 3KB
- veri-20250102_lab.xml (EX-101.LAB) — 18KB
- veri-20250102_pre.xml (EX-101.PRE) — 11KB
- d859534d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit No. Description 4.1 Form of Pre-Funded Warrant. 5.1 Opinion of Cooley LLP. 10.1 Form of Securities Purchase Agreement, by and among Veritone, Inc. and the Purchaser, dated January 2, 2025. 23.1 Consent of Cooley LLP (contained in Exhibit 5.1). 99.1 Press Release of Veritone, Inc. dated January 2, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Note Regarding Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements, including, without limitation, statements relating to the Company's expectations regarding the completion of the Registered Direct Offering and the use of proceeds therefrom. Forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements speak only as of the date they are made and, except for the Company's ongoing obligations under the U.S. federal securities laws, the Company undertakes no obligation to update any forward-looking statement. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on estimates and assumptions that are subject to change or revision. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially from those projected in any of such statements due to various factors, including, without limitation, market conditions and the Company's ability to satisfy the closing conditions to the Registered Direct Offering, as well as risks and uncertainties inherent in the Company's business. For a discussion of these and other factors, please refer to the risk factors included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, the Company's Quarterly Reports on Form 10-Q for the fiscal quarters e
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. Veritone, Inc. Date: January 2, 2025 By: /s/ Michael L. Zemetra Michael L. Zemetra Executive Vice President, Chief Financial Officer and Treasurer