Veritone shares fall on public offering of common stock


  • Veritone (NASDAQ:VERI) announced on Wednesday a proposed underwritten public offering of shares of its common stock. 
  • Veritone currently intends to use the net proceeds from the offering for working capital and general corporate purposes, including, but not limited to, debt service and repayment of indebtedness. 
  • Veritone (NASDAQ:VERI) shares were down more than 11% in extended trading. 

 



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