Banta Asset discloses 3.85% Veritone (VERI) stake in Schedule 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
BANTA ASSET MANAGEMENT LP filed Amendment No. 11 to a Schedule 13G/A reporting its ownership in Veritone, Inc. common stock as of 12/31/2024. The firm reports beneficial ownership of 3,531,324 shares, representing 3.85% of Veritone’s outstanding common stock.
Banta has sole voting and dispositive power over 2,635,783 shares and shared voting and dispositive power over an additional 895,541 shares. The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Veritone. The filer also notes that it now owns 5 percent or less of the class.
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FAQ
What does Banta Asset Management report in this Schedule 13G/A for Veritone (VERI)?
Banta Asset Management LP reports its beneficial ownership of Veritone common stock in Amendment No. 11 to a Schedule 13G/A. As of December 31, 2024, it discloses holding 3,531,324 shares, reflecting 3.85% of Veritone’s outstanding common stock, below the 5% threshold.
What percentage of Veritone’s common stock is held by Banta Asset Management?
Banta Asset Management LP reports beneficial ownership of 3.85% of Veritone, Inc.’s common stock. This percentage is based on 3,531,324 shares held as of December 31, 2024, and the filing specifies that this level of ownership is 5 percent or less of the class.
Does Banta Asset Management intend to influence control of Veritone through this stake?
The filing states the Veritone shares were acquired and are held in the ordinary course of business. It specifically certifies they were not acquired and are not held to change or influence control of Veritone, nor in connection with any transaction having that control-related purpose.
Who signed the Schedule 13G/A for Banta Asset Management and when?
The Schedule 13G/A is signed by Stephen M. Banta, identified as COO of Banta Asset Management LP. The signature block shows the certification date as February 6, 2026, confirming the accuracy and completeness of the ownership information to the best of his knowledge.