Veritone Inc (VERI)

[GBR]

Right, I addressed that discrepancy in my last post. The fact is, at the time of the debt restructuring, Veritone needed cash, because they just spent 52M in precious cash on Broadbean. So in order to get more cash, they had to reach an agreement with the convertible notes holders. And in working with the notes holders, Veritone has been able to buy back notes at a considerable discount. That has to be pointed out if we are going to mention the higher interest rate on new debt, and the 3M warrants.

But still, if Veritone becomes a successful company and the stock exceeds 36 per share, then there will be the same number of shares outstanding as there would be if Veritone had not done the debt restructuring.

Look at Soundhound again. They have doubled their shares outstanding since they went public.