S-8: Initial registration statement for securities to be offered to employees pursuant to employee benefit plans
Published on March 31, 2023
As filed with the Securities and Exchange Commission on March 31, 2023
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
VERITONE, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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47-1161641 |
(State or other jurisdiction |
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(I.R.S. Employer |
2420 17th St., Office 3002 |
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Denver, Colorado 80202 |
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80202 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Veritone, Inc. 2017 Stock Incentive Plan
Veritone, Inc. Employee Stock Purchase Plan
Veritone, Inc. Inducement Grant Plan
(Full titles of the plans)
Ryan Steelberg
Chief Executive Officer
Veritone, Inc.
2420 17th St., Office 3002
Denver, Colorado 80202
Tel: 888-507-1737
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Michael Zemetra Chief Financial Officer Veritone, Inc. 2420 17th St., Office 3002 Denver, Colorado 80202 Tel: 888-507-1737 |
John-Paul Motley Logan Tiari Cooley LLP 355 S. Grand Avenue, Suite 900 Los Angeles, California 90071 Tel: (213) 561-3250
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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer |
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Accelerated filer |
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Non-accelerated filer |
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Smaller reporting company |
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Emerging growth company |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
Explanatory Note
Veritone, Inc. (the “Registrant”) is filing this registration statement on Form S-8 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) to register the offering of an additional 1,425,000 shares of Common Stock, par value $0.001 per share (“Common Stock”), of the Registrant. The 1,425,000 shares of Common Stock being registered herein include (i) 750,000 shares of Common Stock issuable pursuant to the Veritone, Inc. 2017 Stock Incentive Plan (the “2017 Plan”),(ii) 250,000 shares of Common Stock issuable pursuant to the Veritone, Inc. Employee Stock Purchase Plan (the “ESPP”) and (iii) 425,000 shares of Common Stock issuable pursuant to the Veritone, Inc. Amended and Restated Inducement Grant Plan (the “Inducement Plan”).
The additional shares of Common Stock issuable pursuant to the 2017 Plan and ESPP have become reserved for issuance as a result of the operation of the “evergreen” provisions in each such plan, each of which provide that the total number of shares of Common Stock subject to such plan may be increased each year pursuant to a specified formula. The additional shares of Common Stock issuable pursuant to the Inducement Plan have become reserved for issuance as a result of an increase to the reserve under such plan, as approved by the Company’s Board of Directors on March 30, 2023.
The additional shares of Common Stock issuable pursuant to the 2017 Plan and the ESPP are securities of the same class as other securities for which registration statements on Form S-8 were filed with the SEC on May 12, 2017 (File No. 333-217990), September 21, 2018 (File No. 333-227477); March 12, 2020 (File No. 333-237114); March 5, 2021 (File No. 333-253961); and February 3, 2022 (File No. 333-262499), and the additional shares of Common Stock issuable pursuant to the Inducement Plan are securities of the same class as other securities for which a registration statement on Form S-8 was filed with the SEC on October 7, 2020 (File No. 333-249371) (all such registration statements collectively, the “Prior Registration Statements”). Accordingly, the contents of the Prior Registration Statements are incorporated by reference into this Registration Statement pursuant to General Instruction E of Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents, which have been filed with the SEC, are incorporated by reference into this Registration Statement:
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(i) |
the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on March 16, 2023; |
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(ii) |
the Company’s Current Reports on Form 8-K filed with the SEC on January 6, 2023, January 20, 2023 and March 30, 2023; and |
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(iii) |
the description of securities contained in Exhibit 4.3 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 filed with the SEC on March 16, 2023, together with any amendment or report filed with the SEC for the purpose of updating such description. |
In addition, all documents filed by the Company with the SEC pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Securities Exchange Act of 1934, as amended (other than Current Reports on Form 8-K furnished pursuant to Item 2.02 or Item 7.01 of Form 8-K, including any exhibits included with such information that are related to such items), after the date of this Registration Statement and prior to the filing of a post-effective amendment that indicates that all securities offered hereby have been sold or that deregisters all securities then remaining unsold shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of filing of such documents; provided, however, that documents or information deemed to have been furnished and not filed in accordance with the rules of the SEC shall not be deemed incorporated by reference into this Registration Statement.
Any statement contained in the documents incorporated or deemed to be incorporated by reference in this Registration Statement shall be deemed to be modified, superseded, or replaced for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is incorporated or deemed to be incorporated by reference in this Registration Statement modifies, supersedes, or replaces such statement. Any such statement so modified, superseded or replaced shall not be deemed, except as so modified, superseded or replaced, to constitute a part of this Registration Statement.
Item 8. Exhibits.
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Incorporated by Reference |
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Exhibit |
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Description |
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Schedule/ Form |
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File No. |
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Exhibit |
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Filing Date |
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3.1 |
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Third Amended and Restated Certificate of Incorporation of Veritone, Inc. |
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Form 8-K |
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001-38093 |
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3.1 |
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May 23, 2017 |
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3.2 |
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Form 8-K |
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001-38093 |
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3.2 |
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May 23, 2017 |
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4.1 |
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Form S-1/A |
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333-216726 |
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4.1 |
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April 28, 2017 |
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5.1* |
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23.1* |
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Consent of Grant Thornton LLP, independent registered public accounting firm. |
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23.2* |
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Consent of Cooley LLP (contained in the opinion filed as Exhibit 5.1 hereto). |
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24.1* |
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Power of Attorney (included in the signature page of this Registration Statement). |
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99.1 |
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Form S-1/A |
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333-216726 |
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10.14 |
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April 28, 2017 |
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99.2 |
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Form S-1/A |
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333-216726 |
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10.32 |
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April 28, 2017 |
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99.3 |
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Form 8-K |
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001-38093 |
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10.1 |
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March 30, 2023 |
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107* |
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Filed herewith. |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Denver, State of Colorado, on this 31st day of March, 2023.
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VERITONE, INC. |
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By: |
/s/ Ryan Steelberg |
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Ryan Steelberg |
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President and Chief Executive Officer
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POWER OF ATTORNEY
KNOW ALL BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Ryan Steelberg and Michael L. Zemetra, and each of them, as his or her true and lawful agents, proxies and attorneys-in-fact, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments), and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or his or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.
Signature |
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Title |
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Date |
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/s/ Ryan Steelberg |
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President and Chief Executive Officer |
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March 31, 2023 |
Ryan Steelberg |
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(Principal Executive Officer) |
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/s/ Michael L. Zemetra |
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Executive Vice President, Chief Financial Officer and Treasurer |
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March 31, 2023 |
Michael L. Zemetra |
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(Principal Financial and Accounting Officer) |
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/s/ Chad Steelberg |
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Director |
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March 31, 2023 |
Chad Steelberg |
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/s/ Jeff P. Gehl |
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Director |
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March 31, 2023 |
Jeff P. Gehl |
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/s/ Knute P. Kurtz |
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Director |
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March 31, 2023 |
Knute P. Kurtz |
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/s/ Richard H. Taketa |
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Director |
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March 31, 2023 |
Richard H. Taketa |
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