DEAL ANNOUNCEMENT / PRESS RELEASE
January 10, 2025
Read time: 3 min
International law firm McDermott Will & Emery represented Esousa Group Holdings, LLC, a New York based family office, in its purchase of an aggregate of 8,023,716 shares of common stock (or pre-funded warrants in lieu thereof) of Veritone, Inc. (Veritone), an artificial intelligence technology company, at a purchase price of $2.53 per share (or $2.52 for each pre-funded warrant) through a registered direct offering. The aggregate gross proceeds to Veritone from the offering are expected to be approximately $20.3 million.
The McDermott team was led by Bob Cohen, Dan Woodard and Brian Tratner.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
