tiprankstipranks
Advertisement
Advertisement

Veritone Establishes $50 Million At-The-Market Equity Program

Story Highlights
  • On May 21, 2026, Veritone set up an at-the-market program to sell up to $50 million in common stock through multiple sales agents.
  • The agreement provides flexible, discretionary access to equity capital, with agents paid up to 3% and no obligation for Veritone to sell shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Veritone Establishes $50 Million At-The-Market Equity Program

Meet Samuel – Your Personal Investing Prophet

Veritone ( (VERI) ) has shared an announcement.

On May 21, 2026, Veritone, Inc. entered into a sales agreement with UBS Securities, Needham & Company and Craig-Hallum Capital Group, allowing the company to sell up to $50 million of its common stock from time to time through an at-the-market equity offering under an effective shelf registration. The arrangement gives Veritone flexible access to equity capital, with the sales agents earning up to 3% of gross proceeds and receiving expense reimbursement and indemnification, while the company remains under no obligation to sell shares and can terminate the program on notice or by mutual agreement.

Shares may be sold directly on The Nasdaq Global Market or other trading venues, with the sales agents committed to using commercially reasonable efforts to execute transactions in line with Veritone’s instructions. The structure is designed to let Veritone tap public markets opportunistically while outlining clear conditions for termination and clarifying that the filing does not itself constitute an offer or solicitation to buy or sell securities in any jurisdiction where such actions would be unlawful.

The most recent analyst rating on (VERI) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Veritone stock, see the VERI Stock Forecast page.

Spark’s Take on VERI Stock

According to Spark, TipRanks’ AI Analyst, VERI is a Neutral.

The score is held down primarily by weak financial performance (sharp TTM revenue decline, persistent large losses, and significant negative operating/free cash flow). Technicals also remain bearish with price below key moving averages and negative MACD. Offsetting factors come mainly from the earnings call, where management outlined improved balance-sheet/interest-cost structure and growth guidance supported by partnerships and pipeline, but execution and profitability timing risks remain.

To see Spark’s full report on VERI stock, click here.

More about Veritone

Veritone, Inc. is a U.S.-based technology company whose common stock is listed on The Nasdaq Global Market. The company accesses capital markets through registered securities offerings to support its corporate and operational needs as it continues to execute its business strategy.

Average Trading Volume: 2,587,302

Technical Sentiment Signal: Sell

Current Market Cap: $182.2M

See more insights into VERI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1