Vertical Data Inc. closed a private placement on November 2, 2026, selling 1,413,640 shares of common stock to accredited investors at $3.00 per share for approximately $4.2 million in gross proceeds. Goldman Sachs served as financial advisor and B. Riley Securities acted as placement agent. Insiders purchased approximately $1 million of the shares. The company intends to use net proceeds for general corporate purposes, working capital, and to satisfy initial listing requirements for a potential uplisting to a national securities exchange.
