VERI News

Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%. While there were no notable growth names to excite investors this week, two technology IPOs joined the US IPO calendar for the week of May...read more

Veritone, which is developing an AI platform that analyzes unstructured media data, raised $38 million by offering 2.5 million shares at $15, the midpoint of the $14 to $16 range. Veritone originally filed to offer 1.25 million shares before doubling the offering on Tuesday, May 9. Veritone plans to list on the Nasdaq under the symbol VERI. Wunderlich Securities acted as a...read more

Veritone, which is developing a platform that analyzes unstructured media data using AI, raised the proposed deal size for its upcoming IPO on Tuesday. The Newport Beach, CA-based company now plans to raise $38 million by offering 2.5 million shares at a price range of $14 to $16. Insiders intend to purchase $1.5 - $6.5 million worth of shares in the offering. The company had...read more

Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering, while California real estate developer Five Point and oilfield equipment provider ...read more