Veritone Prices 20M Share Offering at $0.75, Raising $13.8M Net to Repay Convertible Debt
VERI is trading near its 52-week low of $0.722 (3.9% above the low) on elevated volume (6.9× avg).
Summary
Veritone priced a registered direct offering of 20 million shares at $0.75 per share, raising $13.8 million net to repay convertible debt due November 2026. The deal is highly dilutive and priced at a deep discount to the prior close.
Key Events · Financing and Capital Events · VERI
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20M Share Offering Priced at $0.75
Veritone agreed to sell 20,000,000 shares of common stock at $0.75 per share for gross proceeds of $15.0 million in a registered direct offering.
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Net Proceeds of $13.8M to Repay Convertible Debt
After $900,000 in placement agent fees and $0.3 million in expenses, net proceeds are approximately $13.8 million, intended to repay or restructure a portion of the $45.5 million convertible notes due November 2026.
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Deep Discount to Last Reported Sale Price
The offering price of $0.75 represents a 37% discount to the $1.19 last reported sale price on Nasdaq on September 30, 2026, and the stock trades near its 52-week low of $0.7217.
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Immediate Dilution of $1.08 Per Share
New investors will incur immediate dilution of $1.08 per share, as net tangible book value per share rises from $(0.53) to $(0.33) for existing holders.
Analysis · VERI · Technology
Veritone is selling 20 million shares at $0.75 each — a steep discount to the $1.19 last reported sale price on September 30, 2026 — to raise approximately $13.8 million in net proceeds. The company intends to use the funds to repay or restructure a portion of its $45.5 million convertible notes due November 2026, addressing a critical near-term liquidity need. The offering increases the share count by roughly 20% and comes while the stock trades near its 52-week low, reflecting the company's limited financing options amid a going concern warning.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 35.7% of the 1024 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, VERI was trading at $0.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $75.3M. The 52-week trading range was $0.72 to $9.42. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.