Substantial doubt about the company's ability to continue as a going concern.
“However, due to the Company’s projected cash needs combined with its current liquidity level and history of net losses and cash used to fund operating activities, there is substantial doubt regarding its ability to continue as a going concern for a period of at least one year from the date of issuance of these consolidated financial statements.”View the 10-Q filed Aug 13, 2026
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Veritone, Inc. made a registered direct offering of 20,000,000 shares of common stock, $0.001 par value per share, to purchasers under a securities purchase agreement entered into on September 30, 2026.
Veritone, Inc. agreed to sell 20,000,000 shares for expected gross proceeds of $15.0 million, with closing expected on or about October 2, 2026. Net proceeds and existing cash are intended to repay or restructure convertible debt and fund working capital.
