Veritone, Inc. 8-K

What Happened

• Veritone, Inc. announced on Form 8-K that it dismissed its independent registered public accounting firm, Grant Thornton LLP, effective April 23, 2026, after approval by the Audit Committee. The audit reports issued by Grant Thornton for the fiscal years ended December 31, 2024 and December 31, 2025 included explanatory paragraphs citing substantial doubt about the Company’s ability to continue as a going concern. The Audit Committee concurrently engaged CBIZ CPAs P.C. (CBIZ) as the Company’s new principal auditor, effective April 23, 2026. Grant Thornton provided a letter to the SEC dated April 28, 2026 (filed as Exhibit 16.1).

Key Details

• Dismissal and engagement effective date: April 23, 2026.
• Grant Thornton’s audit reports for FY 2024 and FY 2025 included explanatory going-concern paragraphs.
• The Company disclosed material weaknesses in internal control over financial reporting in its 2024 and 2025 Form 10-Ks, relating to: (a) entity‑level controls and monitoring, (b) consolidation and foreign-exchange accounting, (c) IT general controls (user access and change management), (d) information and communication processes, and (e) controls over non‑routine revenue recognition; management is working on remediation.
• There were no disagreements or reportable events with Grant Thornton during 2024, 2025 or the interim period (Jan 1–Apr 23, 2026) other than the previously disclosed material weaknesses; neither Veritone nor anyone on its behalf consulted CBIZ on accounting matters during those periods.

Why It Matters

• Auditor changes are material corporate events for investors because they can affect financial reporting continuity and signal management or governance shifts. The going‑concern explanatory language and disclosed material weaknesses highlight financial and internal-control risks already reported in Veritone’s 10-Ks; investors should monitor remediation progress and any impact on future audits, filings or need for additional disclosures. The filing notes no unresolved disagreements with the former auditor and that Grant Thornton is authorized to respond to the successor’s inquiries, which may ease the transition risk.