SCHEDULE: Esousa Group Holdings and Michael Wachs Disclose Significant 9.99% Stake in Veritone, Inc.

Esousa Group Holdings LLC and Michael Wachs have disclosed a beneficial ownership of 9.99% in Veritone, Inc., comprising 9,928,303 shares of common stock.

Summary

• Esousa Group Holdings LLC and Michael Wachs jointly reported beneficial ownership of 9,928,303 shares of Veritone, Inc. common stock.
• This represents 9.99% of Veritone, Inc.'s outstanding common stock.
• The ownership includes common stock and shares issuable upon the exercise of pre-funded warrants.
• The percentage is calculated based on 54,005,035 shares outstanding as of June 27, 2025, plus an additional 6,452,293 shares issued on June 30, 2025, in a registered direct offering.
• The reported ownership is subject to a beneficial ownership limitation of 9.99%, meaning the reporting persons could not exercise all pre-funded warrants due to this limitation.
• The securities were not acquired or held for the purpose of changing or influencing control of Veritone, Inc.

Sentiment

Score: 7

Explanation: The filing indicates a significant stake by an investor, which is generally viewed positively as a vote of confidence in the company. However, it does not provide operational or financial performance details.

Positives

• A significant stake by an institutional investor and individual (Esousa Group Holdings LLC and Michael Wachs) can signal confidence in Veritone, Inc.'s future prospects.
• The acquisition of a substantial position by a new investor may attract further investor interest and potentially stabilize the stock price.

Negatives

• No explicit negatives are disclosed in this beneficial ownership filing.

Risks

• The beneficial ownership is subject to a 9.99% limitation, which restricts the immediate exercise of all pre-funded warrants and could limit the reporting person's ability to increase their stake beyond this threshold without further disclosures or regulatory considerations.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding Veritone, Inc.'s operational or financial performance.

Industry Context

The disclosure of a significant beneficial ownership stake by an investment group and an individual investor is a common occurrence in the public markets. Such filings often indicate an investor's long-term interest in a company, potentially signaling a belief in its underlying value or future growth trajectory. For companies like Veritone, Inc., operating in technology or AI sectors, attracting substantial investor interest can be a positive signal, though the specific motivations behind this stake are not detailed in the filing.

Stakeholder Impact

• Shareholders: The entry of a significant new beneficial owner may influence market perception and potentially the stock's liquidity and stability.

Key Dates

Keywords

Veritone Inc., Esousa Group Holdings LLC, Michael Wachs, Schedule 13G, Beneficial Ownership, Common Stock, Pre-funded Warrants, Institutional Investor, SEC Filing, Equity Stake