SCHEDULE 13D/A
0001193125-17-301350
0001704669
XXXXXXXX
LIVE
9
Common Stock, $0.001 par value per share
12/13/2024
false
0001615165
92347M100
VERITONE, INC.
1615 PLATTE STREET
2ND FLOOR DENVER
CO
80202
Chad Steelberg
(888) 507-1737
c/o Veritone, Inc.
1615 Platte Street, 2nd Floor Denver
CO
80202
0001704669
N
Chad Steelberg
OO
N
X1
3734673.00
506782.00
3734673.00
506782.00
4241455.00
N
10.1
IN
Common Stock, $0.001 par value per share
VERITONE, INC.
1615 PLATTE STREET
2ND FLOOR DENVER
CO
80202
Explanatory Note: This statement constitutes Amendment No. 9 ("Amendment No. 9") to the Statement on Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on October 3, 2017, as amended by Amendment No. 1 on March 20, 2018, Amendment No. 2 on May 16, 2018, Amendment No. 3 on April 24, 2020, Amendment No. 4 on June 29, 2020, Amendment No. 5 on September 30, 2020, Amendment No. 6 on January 15, 2021, Amendment No. 7 on March 3, 2021 and Amendment No. 8 on July 3, 2024 (collectively, the "Schedule 13D") by Chad Steelberg. Except as amended hereby, the Schedule 13D remains in full force and effect. All capitalized terms contained but not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D. Responses to each item of the Schedule 13D, as amended by this Amendment No. 9, are incorporated by reference into the responses to each other item, as applicable.
Item 4 of the Schedule 13D is hereby amended to add the following information:
Sales
On December 13, 2024 the Reporting Person sold 504,657 shares of Common Stock at a price of $2.515 per share in a private transaction in exchange for a promissory note for an aggregate of $1,269,212.36.
See row (11) and (13) of the Reporting Owner Profile of this Amendment No. 9 for the aggregate number of shares of Common Stock and percentages of the shares of Common Stock beneficially owned by the Reporting Person. Calculation of the percentage of the shares of Common Stock beneficially owned is based upon 38,311,541 shares of Common Stock outstanding as of November 18, 2024, as reported in the Issuer's prospectus supplement dated November 19, 2024 filed with the SEC on November 20, 2024.
As of December 17, 2024, the Reporting Person has sole voting and dispositive power with respect to 3,734,673 shares of the Issuer's Common Stock, consisting of (i) 1,861 shares held directly; (ii) 3,513,157 shares issuable within 60 days of the date hereof upon the exercise of vested stock options; (iii) 59,229 shares of Common Stock held directly by Steel Holdings LLC; and (iv) 160,426 shares held directly by CSVH, LLC. The Reporting Person is the sole member and manager of each of Steel Holdings LLC and CSVH, LLC.
As of December 17, 2024, the Reporting Person may be deemed to have shared voting and dispositive power with respect to an aggregate of 506,782 shares of the Issuer's Common Stock held as follows: (i) 425,603 shares held directly by his spouse as custodian for his minor child; (ii) 59,629 shares held directly by C&CS Family Trust dated September 7, 2012 (the "C&CS Trust"), a trust of which the Reporting Person is a co-trustee; and (iii) 21,550 shares issuable within 60 days of the date hereof upon the exercise of warrants held by C&CS Trust.
Subsequent to the filing of Amendment No. 8 to the Schedule 13D, adult children of the Reporting Person who own shares of the Issuer's Common Stock and who previously resided with the Reporting Person have moved out of the Reporting Person's residence. Accordingly, the Reporting Person has determined that, as of the date of this filing, he no longer beneficially owns the shares held by these adult children.
Except as set forth herein, no transactions with respect to the securities of the Issuer have been effected during the past sixty days by the Reporting Person.
No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, the securities beneficially owned by the Reporting Person.
Not applicable.
Chad Steelberg
/s/ Chad Steelberg
12/17/2024