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Vertical Data Closes $4.24 Million Private Placement of Common Stock

PUBT·11/08/2026 00:03:12
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Vertical Data Closes $4.24 Million Private Placement of Common Stock
  • Vertical Data closed an approximately $4.24 million private placement of 1,413,640 shares of common stock at $3 per share.
  • Insiders invested $1 million, approximately 24% of proceeds, including $500,000 from Chairman and CEO Deven Soni.
  • B. Riley Securities acted as placement agent and invested $1 million in the offering.
  • The shares were sold without registration; a resale registration statement must be filed within 30 days of closing.
  • The company is actively pursuing an uplisting to a national stock exchange.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertical Data Inc. published the original content used to generate this news brief on November 07, 2026, and is solely responsible for the information contained therein.