Veritone Inc. Amends Credit Agreement, Increasing Minimum Liquidity Requirement to $15 Million

Reuters
Sep 04
<a href="https://laohu8.com/S/VERI">Veritone Inc.</a> Amends Credit Agreement, Increasing Minimum <a href="https://laohu8.com/S/LQDT">Liquidity</a> Requirement to $15 Million

Veritone Inc. has announced an amendment to its existing Credit and Guaranty Agreement. The Fourth Amendment, effective August 29, 2025, modifies the original agreement dated December 13, 2023, involving the company, its subsidiaries, several lenders, and Wilmington Savings Fund Society as the administrative and collateral agent. Key changes include an adjustment to the minimum Consolidated Liquidity covenant, which is set at no less than $5 million from June 13, 2025, to September 12, 2025, and increases to $15 million starting September 13, 2025, through to the maturity of the agreement. All other terms remain unaffected by this amendment.

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