Veritone Inc (VERI) Options

My guess is if the deal closed today, we would see an 8-k filed soon. If not, Monday could be interesting.

good question

Like you say, Veritone did little to nothing as far as any road show to support the stock. Even announced the 35M offering which tanked the stock. RS at Needham conferece even said they need to raise cash, and will do it again if necessary. Chad's sale tanked the stock initially, and then they do this offering with Esousa. So almost looks like they wanted the stock low.

I don't know. Maybe Veri has some sort of opportunity through Esousa?

Another thought I had is that it could have been Esousa that bought the shares from Chad. Maybe it was enticement for Esousa to execute the larger deal. So this deal gets the ball rolling, but has not closed yet. Could close between today and 5 days from today. So maybe someone comes with a better offer? If so, then Esousa still has the 500k shares from Chad.

But just generally speaking, and based on what RS said at Needham, looks like they want to meet funding requirements for certain opportunities ahead. So maybe in RS mind, the low stock price and resulting dilution is worth it considering the opportunity. I don't know.

And why is the stock still staying considerably above the 2.53 deal price.

I guess expect stock to rise so getting in on the cheap. Guess like any warrant, you expect stock to rise.But more importantly what was Veri incentive to sell so cheaply.

Agree

But since Esousa is paying upfront for the warrants, and are restricted from exercising them all, what is the advantage of this investment from Esousa's perspective.

And only way to exercise those warrants and not go over 9.9% is for very to issue more shares. So even more dilution coming.

U are right but Esousa paid for 8 mil shs up front so in theory own 8 mil shs even though did not exercise warrants of 3 mil +

Again good luck to all.

It's my understanding that Esousa is not allowed to exceed 9.9% of the company. So they can only exercise the pre-funded warrants only to the extent that they remain under the 9.9%


Also see that assuming the transaction closes today, Veritone cannot issue more stock for 75 days, except that upon the 60th day, Veritone can go to the ATM, but cannot use ATM unless the stock is at least 3 bucks a share. But after the 75 day period, these restrictions do not apply.

So my question is why would u sell 16.67% of co for 20 mil without a road show if didn't need the funds immediately. Only thing comes to mind is incompetence or things are so bad u get the 20 mil before stock tanks for lack of revenues, partnerships or technology. To me it's quite apparent with revolving employee door, revenue declines and lack of major partnerships that Veri is done and holding on for dear life.

So Esousas 8 mil shares represents 16.67% of outstanding shares of Veri. If not for shenanigans with prefunded warrants would control Veri. And got that all for a measley 20 mil which represents a mv of 120 mil. Not bad for Ai leader. Banta and even Steelberg ownership interests are now irrelevant.

They also had a big announcement with Iron Dome. Hopefully Veritone releases news about the partnership with an LLM developer like they mentioned last Earnings call.

Esousa filed a 13G concerning company called Nukkleus Inc. Ticker NUKK. Acquired 4M shares on 12/18. Own 9.99% of company.

https://www.sec.gov/Archives/edgar/data/1787518/000110465924131196/xslSCHEDULE_13G_X01/primary_doc.xml

Check out what happened to the stock around that time.

Couldn't get major player. Chad sells at 2.5 a share and Eousa buys at 2.5 a share. See a scam in the making.

He also said he could not be more excited about what is to come.


I guess Esousa Group buying shares at 2.5 is exciting. Wonder if RS still says grossly undervalued.

He also said would need nominal amount of money sometime during the year. Not on the first day of the year. 

Yeah, it may not be an investment

by a Nvidia, Deloitte, or Amazon. But not many companies out there can say they have an investment from Esousa Group. lol

As RS said,

he is being mindful of dilution. lol

Looks like in Nov and Dec sold another 1.7 mil shares probably for pennies on top of the 8 mil in 2025. No PR campaign no nothing. Disgusting

In early stages of announcing all these great and exciting partnerships. That was 2 months ago. Nada. Yes Deet another lie.

Couldn't even come up with a marketing campaign to lift stock price. We'll now they can take the rest of 2025 off and reflect on their accomplishments.

I'm out of here. Good luck to all.

You still bias. No partnership deal. Stock offering at 33% discount. Great piece of paper Zemetra and C suite. Guarantee in 6 months will be doing another stock offering at 1.00 a share. And how does 20 mil alleviate any debt.

You are 100% correct and I am wrong. Was not sold to the Trust. I got footnotes mixed up. Any way seems like a very odd transaction. Apparently wasn't done for cash since took a promissory note. Odd # of shares sold and why do it at all at these low prices. Would on the surface appear to be someone he knows since they got a great deal. No cash outlay and already up a $1. Still from my perspective somehow tax related since done at year end.

Where do you see that
Chad's sale involved his kids or a trust?

All possible but don't understand logic with Chad. He sold to a related party his kids indirectly thru a trust.So what that has to do with Veri and their so called strategic plan. Hopefully get answers soon but have been saying that for 10 years.

Obviously I'm biased but
I think 2025 is shaping up to be big for Veritone.

There was no reason for the stock to go up on Friday, and with high volume. Yes playing catch up with other AI stocks, but coming on the heels of Chad selling at 2.51. No PRs since Chad sold. Think there is more to this.

Small apparently struggling company spent the wad on Broadbean at a time when hiring was heading south. You would think it would be all hands on deck with respect to getting Veritone Hire off the ground. But to them, just another vertical. Go on to launch a consulting business. Now coming out with several healthcare offerings. Launched Data Refinery, and also running M&E content licensing business as well as public sector. A lot on their plate for one small financially struggling company. Think partners are strategically involved.

Think this has all been strategically planned since 2022 when Chad stepped down. Been working with strategic partners for the last couple years on the commercialization of aiWARE, getting it to enterprise grade. Have not been growing revenues on aiWARE because it has been in development, therefore all trial based with customers. Yeah, they sell various applications like Redact. But applications like Redact are a means to get aiWARE in the hands of customers while development of aiWARE is ongoing. Think they mean just what they say. In the future, AWS and Veritone will announce scalable cloud architecture for AI/ML. And that's just with AWS. Might also be bringing to market aiWARE instances with other cloud providers. For example, NCAA uses Google Cloud. Think it all comes to head in 2025. And actually think sooner rather than later since they are currently looking to improve balance sheet in near term. Think Chad's sale is part of those efforts. Think the enterprise grade aiWARE is getting ready to be launched, but have to hash out the ownership structure of Veritone before going forward. Think it is obviously strategic capital that they are pursuing vs. going to the public for capital. Otherwise they would be aggressively courting the public market with hype. They have been indifferent about the stock price, and actually look like they have been purposefully avoiding hype to keep the stock low while discussions/negotiations ongoing. But think things come to a head soon. Just my speculation.

Interesting volume up to 3 mil and 6 mil for last 2 days. We will see if any follow thru next week and beginning of year. Don't think get any significant PRs until EC
 Hopefully I'm wrong

Maybe because for the past year Veri didn't participate in Ai frenzy and has a year of catching up to do.

AI stocks in the red today.

Wonder why VERI didn't correct

Well all Ai stocks were up nicely yesterday so don't think it was specific to Veri

Also how do they currently have the manpower to adequately launch this consulting business, data refinery, etc.
Again, suggest strategic discussions going on.

Well IMO, if we are to rely on the info and narrative provided by Veritone,
back in 2022 when RS took over, they said they were going to focus and double down on ecosystem, and anything outside of ecosystem would
be pursued via partnerships.

So now that they are positioning themselves to start pushing healthcare solutions, suggests to me that there may be some type of merger or strategic transaction involving one or more of the strategic partners that might have been building out aiWARE in verticals outside Veritone's normal ecosystem of verticals.

Also makes me think that Chad's recent sale was strategic. Combined, Ryan and Chad own about 20% of the company, so reasonable to think that if there are strategic discussions going on with respect to a tie-up, then they may have to tweak the ownership percentages to make a deal work for all parties involved. Speculation, I know, but very strange to see the stock fly 50% less than 10 days after Chad sold 500K shares at 2.51 for a promissory note in a private transaction.

This is completely new. Don't understand why never marketed this before and all the different problems it' solves. Very odd
 
 
 
 

Looks like getting more into healthcare
but guess it's better to keep it a secret.

Veritone, can help your organization:

Revolutionize patient care with AI-powered predictive diagnostics.
Enhance accuracy and speed in medical imaging with AI analysis.
Optimize healthcare staffing with AI-powered scheduling.
Optimize clinical trials for faster, more efficient results.
Accelerate drug discovery and development through AI innovation.
Personalize patient treatments with AI-driven precision medicine.
https://unlock.veritone.com/ai-assessment-healthcare

They have every opportunity to move the stock much higher
but instead stay silent. RS has not cared about the stock price since he took over.

BREAKOUT CONFIRMED

Merry Christmas deet 49.


May 2025 finally be the year.

Have a VERI Merry Christmas peoples

Peace

Not 25% but 99% of what they say is true

Don't know what future holds but know the disaster the present is. Maybe 2025 is the year.

Wording is in line with this wording:


What Does The Future Hold? Veritone and AWS - Scalable cloud architecture for AI/ML

Yes fairly new. Don't remember seeing that wording in the past 

Can you tell me if this is new or has it been there awhile?


Veritone aiWARE—Meet the World’s First AI Operating System, Building the Foundation of Tomorrow’s Enterprise


Meet the challenges of tomorrow by integrating the power of AI into your business processes


Implies to me that aiWARE still a work in progress. I don't recall them using the word "tomorrow" in the past.

https://www.veritone.com/aiware/enterprise-ai-platform/

Veri closing out yet another fantastic year. Their successes thru out the year has led to another dismal and abodible stock price and mc collapse. Like last year take off next 3 weeks to reflect on those successes and rest up for 2025 where there will be an explosion in Ai demand. Problem is Veri won't participate in that. Will be somewhere out in the wilderness leading some type of revolution but not ai.

If a quarter of what Veri said was true would be at least a $25 stock right now

Thought this was an interesting exchange with 2 non-Veritone people.


AI is only as good as the data it’s trained on (we have always talked about the importance of data in a recruitment business, but now this is more prevalent than ever). With that in mind, I have been eagerly keeping an eye on what the guys over at Veritone have been doing with AI – a great example of how data and machine learning can be harnessed for smarter recruitment.


The questions you've posed are excellent, but I'd add: "How clean and structured is your current data?" Because without this foundation, even the most advanced AI tools from companies like Veritone will struggle to deliver meaningful insights.

https://www.linkedin.com/posts/seanmoranoz_ai-recruitmenttechnology-futureofwork-activity-7275522563538055171-ZwUi?utm_source=share&utm_medium=member_desktop

While obviously the revenue is not there yet for Veritone,

it's possible that AWS is helping Veritone with many of these integrations in public sector and talent acquisition. Every one of these integrations adds more and more data sources.

Veritone still is not front and center with their aiWARE platform and have not been since RS took over. Even the consulting additions to AWS Marketplace say nothing about aiWARE, yet the original PR back in May said it was based on "aiWARE technology". So it could be that the partnership with AWS is just what they said it is: What Does The Future Hold? Veritone and AWS - Scalable cloud architecture for AI/ML

In other words, maybe Veritone and AWS "in the future" start co-marketing the aiWARE integration with Bedrock. Amazon Bedrock Data Automation could be the precursor to this. As the Veritone AWS SCA PR states, the SCA applies to Veritone verticals of M&E, Public Sector and Talent Acquisition. Maybe that implies that AWS and other partners can apply the technology to other verticals.

So although the revenues are not there yet, they do seem to be doing fairly well in establishing integrations with other companies. So by the time they finally come out and announce this "scalable cloud architecture for AI/ML, they will already have many integrations established within Veritone's ecosystem of verticals.

So like you say, with respect to AWS, its a waiting game for AWS to move forward. But also think Veritone needs to find a way to get better financially situated in the near term.

Yeah, and as I have said before, Amazon is largely in control of Veritone's fate. And by the looks of it, they would like to see Veritone die a slow death.

As I stated before they are most likely driving the narrative and Veri is going for the ride until or unless they find another alternative

Have no idea the reason for the delay
but at least looks like the AWS relationship is still a go. Maybe some day AWS will recognize Veritone's existance.

https://www.linkedin.com/posts/veritone-inc-_spotlight-on-industry-solutions-discover-activity-7275969513811013632-mpB4?utm_source=share&utm_medium=member_desktop

I don't believe for a second Chad would do anything to negatively effect the Co regardless of a conflict with the brother or BOD.
He was the creator and knowing his Ego do you think he wants it to fail