On June 13, 2025, Veritone, Inc. announced a significant amendment to its existing Credit and Guaranty Agreement, initially established on December 13, 2023. The Second Amendment, involving Veritone and several financial entities including Wilmington Savings Fund Society, FSB, modifies specific terms of the original agreement. Key changes include adjustments to the minimum Consolidated Liquidity covenant, which is reduced to $5 million from June 13 to June 30, 2025, and subsequently increased to $10 million starting July 1 until August 31, 2025. It will further rise to $15 million beginning September 1, 2025, through maturity. Additionally, Veritone issued 253,744 shares of common stock to consenting lenders, valued at $373,005, to secure the necessary consents for the amendment. This strategic financial adjustment is aimed at enhancing Veritone's liquidity management and financial stability.