Following stockholder approval at its 2026 Annual Meeting, Veritone has amended its Certificate of Incorporation to significantly increase the total number of authorized shares of common stock. Additionally, stockholders approved an amendment to the company's equity incentive plan, increasing the number of shares available for issuance to employees and other service providers.
Key Details
- Authorized Share Increase: The total number of authorized shares of Common Stock was increased by 50%, from 150,000,000 to 225,000,000. The amendment became effective upon filing on July 10, 2026.
- Equity Plan Expansion: The company's Amended and Restated 2023 Equity Incentive Plan was updated to authorize an additional 3,000,000 shares for issuance, effective July 7, 2026.
- Stockholder Approval: Both measures were approved at the company's Annual Meeting held on July 7, 2026, where all six proposals presented, including the election of two directors, were passed.