Veritone, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Deficit) (Tables)

Stockholders' Equity (Deficit) (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Issuance of Warrants to Purchase Shares of Common Stock

During 2017, the Company issued warrants to purchase 1,122,840 shares of common stock, as listed below:


Description	Vesting terms	Life in years		Exercise Price		Number of shares of common stock
10% Warrant	50% on issuance; 50% in May 2018		5	$	13.6088		809,400
Bridge Loan Warrants	Fully vested on issuance		10	$	13.6088		313,440

During 2016, the Company issued warrants to purchase 2,552,068 shares of common stock, as listed below:


Description	Vesting terms	Life in years		Exercise Price		Number of shares of common stock
Acacia Note Warrants	Fully vested on issuance		4	$	13.6088		154,311
Acacia Primary Warrant	Fully vested on issuance		5	$	13.6088		2,150,335
Westwood One	Upon achievement of performance condition		10	$	8.0833		247,422

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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