BackSummary
Veritone entered into an at-the-market equity offering agreement for up to $50 million of common stock with UBS, Needham & Co., and Craig-Hallum.
Key takeaways
- Veritone may sell up to $50M of common stock at-the-market, providing flexible capital access.
- Sales agents receive up to 3% commission; no obligation to sell any shares.
- Proceeds will be used for general corporate purposes as stated in the prospectus.