{"filings":[{"id":1387693,"accession_number":"0001193125-26-292515","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-07-01T20:04:52+00:00","items":["5.02","9.01"],"status":"ready","headline":"Velo3D grants CEO performance-based option for 964,474 shares; enters CIC agreements with top executives","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Option vests upon market cap milestones: 10% at $1B, 20% at $3B, 30% at $5B, 40% at $10B within 5 years.","Exercise price $18.40, grant date June 29, 2026.","CIC agreements with CEO, CFO, and CRO provide severance: lump sum of base salary + target bonus + pro-rata bonus, plus equity vesting and 12 months medical.","Severance conditioned on release and subject to golden parachute reduction under Sections 280G/4999."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1056479,"accession_number":"0001193125-26-271070","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-06-15T20:05:57+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Velo3D shareholders approve 2.86M share increase to equity incentive plan; re-elect two directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved amendment to 2021 Equity Incentive Plan: increase authorized shares by 2,860,000, raise ISO cap to 10M, require stockholder approval for option/SAR repricing.","Elected Stefan Krause and Lily Mei as Class II directors for three-year terms through 2029.","Ratified Frank, Rimerman + Co. LLP as auditor for FY2026 (16,468,881 for, 78,992 against).","Advisory vote on executive compensation approved; say-on-pay frequency set to annual.","Plan amendment passed with 10,856,373 votes for, 636,722 against, 5,095,389 broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":473236,"accession_number":"0001493152-26-023956","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-05-15T21:28:54+00:00","items":["1.01","1.02","9.01"],"status":"ready","headline":"Velo3D enters up to $100M at-the-market equity sales agreement with three agents","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered into Sales Agreement with Needham, Cantor Fitzgerald, and Craig-Hallum for at-the-market offering of up to $100M of common stock.","Sales agents to receive 3% commission on gross proceeds from sales of shares.","Terminated prior sales agreement with Needham dated February 2023; no penalties.","Company intends to use net proceeds for working capital and general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":40084,"accession_number":"0001193125-26-219334","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-05-12T20:01:30+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Velo3D Q1 revenue $13.8M, up 48% YoY; net loss -$7.0M; reaffirms FY26 outlook $60-70M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $13.8M, up 48% YoY from $9.3M; GAAP gross margin 17.2% vs 7.5%.","GAAP net loss -$7.0M (EPS -$0.28) vs -$25.0M (-$1.87); non-GAAP net loss -$5.1M (-$0.20).","Reaffirms FY26 revenue outlook $60M-$70M; expects positive EBITDA in H2 2026.","Appointed Jim Suva as CFO; closed April 2026 registered direct offering of 3.57M shares for ~$50M gross.","Awarded $9.8M IDIQ contract with Defense Logistics Agency for JAMA program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95873,"accession_number":"0001493152-26-019195","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-04-27T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Velo3D prices $50M registered direct offering of 3.57M shares at $14.00/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offering of 3,571,428 shares at $14.00 per share for gross proceeds of ~$50M.","Underwriter Cantor Fitzgerald receives 6.0% underwriting discount.","Net proceeds for working capital and general corporate purposes.","Expected to close on or about April 28, 2026, subject to customary conditions.","Shares offered under effective shelf registration statement (S-3) filed April 3, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95871,"accession_number":"0001493152-26-019014","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K/A","filed_at":"2026-04-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Velo3D files 8-K/A clarifying CEO Arun Jeldi's one-time performance stock option replaces annual equity for 4 years","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["One-time option grant sized at 3% of outstanding shares, ten-year term, FMV exercise price.","Vesting tied to market cap milestones: 10% at $1B, 20% at $3B, 30% at $5B, 40% at $10B within 5 years.","Award covers 2026-2029 period, replacing routine annual equity grants.","Grant expected shortly after 2026 annual meeting, subject to sufficient shares under equity plan.","Amendment corrects prior 8-K that incorrectly described award as annual."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95872,"accession_number":"0001493152-26-015363","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-04-07T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Velo3D appoints James Suva as CFO effective April 6, 2026; details of compensation disclosed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James Suva appointed CFO; base salary $380,000, target bonus 70% of base for FY2026.","Grant of 135,000 RSUs under 2021 Equity Incentive Plan; 25% vest May 15, 2027, then quarterly.","Employment is at-will; offer letter includes customary confidentiality covenants.","Suva reports to CEO Arun Jeldi; start date April 6, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109264,"accession_number":"0001193125-26-121871","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-03-24T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Velo3D reports FY2025 revenue $46M (+12% YoY); guides FY2026 rev $60-70M; appoints James Suva CFO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2025 GAAP revenue $46.0M (vs $41.0M in FY2024); Q4 revenue $9.4M (vs $12.6M).","FY2025 GAAP net loss $71.4M ($4.33 loss per share); non-GAAP net loss $41.3M.","Guides FY2026 revenue $60-70M; expects to turn EBITDA positive in H2 2026.","Announced long-term capacity plan for up to ~400 production systems over next decade, with potential asset-backed financing.","Appoints James Suva as permanent CFO effective April 6, 2026; replaces acting CFO Bernard Chung."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109263,"accession_number":"0001493152-26-009149","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Velo3D amends convertible notes to allow conversion of accrued interest into common stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["The $5M January 2025 Note (held by CEO's Arrayed) now allows conversion of principal plus accrued interest into 16.38/share at any time.","The $10M February 2025 Note (held by board member Thieneman) amended to convert principal plus accrued interest at $10.50/share, but only upon national exchange listing or default.","The January 2025 Note was transferred from Thieneman Properties to Arrayed (CEO entity) immediately before amendment on March 4, 2026.","Interest rate previously reduced to 12% per annum; maturity extended to Feb 14, 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109262,"accession_number":"0001493152-26-007601","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2026-02-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Velo3D CEO Jeldi gets $650K salary, bonus up to 100%, stock options with valuation-based vesting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Annual base salary set at $650,000 effective January 1, 2026.","Annual incentive bonus of up to 100% of base salary based on performance objectives.","Annual stock option grant equal to 2-3% of outstanding common stock with vesting tied to enterprise valuation milestones: 10% at $1B, 20% at $3B, 30% at $5B, 40% at $10B.","Compensation approved by Compensation Committee on February 13, 2026.","CEO Arun Jeldi's prior compensation terms replaced effective January 1, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125758,"accession_number":"0001493152-25-029070","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-12-23T23:59:59+00:00","items":["1.01","3.02","8.01","9.01"],"status":"ready","headline":"Velo3D raises $30M via PIPE at $8.25/share; new and existing institutional investors participate","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Gross proceeds of ~$30M from 3.6M shares at $8.25 each; led by $20M from new fundamental institutional investor.","Proceeds to fund general corporate purposes and capex, especially for space/defense Rapid Production Services (RPS).","Placement agents: Lake Street Capital Markets and Lucid Capital Markets; 6.0% cash fee paid.","Directors and executive officers subject to 90-day lock-up; Company agrees to 90-day ban on Variable Rate Transactions.","Closing occurred December 23, 2025; resale registration statement must be filed within 30 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125757,"accession_number":"0001493152-25-028653","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-12-22T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Velo3D wins $32.6M defense contract, cuts FY2025 revenue guidance to $45-55M due to government shutdown","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Signed $32.6M OTA contract with DoW Defense Innovation Unit for Project FORGE to resolve manufacturing bottleneck for critical weapon system.","Revised FY2025 revenue guidance to $45-55M, down from prior range (not disclosed), citing Q4 government shutdown delays.","Contract includes option to develop largest-format LPBF printer in U.S. via Velo3D's Rapid Production Solution.","Velo3D to work with DIU, U.S. Navy, and industry prime to prototype and qualify additively manufactured components.","CEO Arun Jeldi highlights Velo3D as only U.S.-based industrial-scale OEM with domestically developed LPBF technology."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125756,"accession_number":"0001493152-25-027594","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-12-12T23:59:59+00:00","items":["1.01","2.01","2.03","5.02","9.01"],"status":"ready","headline":"Velo3D CFO resigns effective year-end; enters $10M sale-leaseback of printers","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hull Xu resigns as CFO effective Dec 31, 2025; not due to any disagreement with company.","Board appoints controller Bernard Chung as acting CFO effective Dec 31, 2025; he previously served as acting CFO from Sep 2023 to Apr 2024.","Company sells $10M of Sapphire/Sapphire XC printers and equipment to Varilease Finance via sale-leaseback.","Lease has 36-month base term; Thieneman Construction (controlled by director) is co-lessee and jointly liable.","Debt subordination agreements with Thieneman entities subordinating security interests in the equipment to Varilease."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125755,"accession_number":"0001193125-25-274173","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Velo3D Q3 revenue $13.6M, net loss improves to $11.8M, backlog $21.1M; reaffirms FY25 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $13.6M vs $8.2M YoY; GAAP gross margin fell to 3.2% from 49.4%.","GAAP net loss $11.8M ($0.69/shr) vs $23.1M ($37.54/shr) YoY; non-GAAP net loss $9.2M.","Backlog $21.1M; RPS backlog up 22% QoQ; new customers >9% of Q3 bookings.","Public offering of 5.83M shares at $3.00, gross proceeds ~$17.5M; uplisted to Nasdaq.","Reaffirms FY25 revenue $50-60M and EBITDA positive target in H1 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":36532000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142486,"accession_number":"0001641172-25-024975","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-08-20T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Velo3D prices $17.5M public offering at $3.00/sh, uplists to Nasdaq (VELO)","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offering of 5,833,333 shares at $3.00 per share; gross proceeds ~$17.5M.","Net proceeds ~$15.5M; additional 875,000-share option to underwriter.","Proceeds for working capital, capex, and general corporate purposes.","Common stock to trade on Nasdaq Capital Market under ticker VELO starting Aug 19.","Lake Street Capital Markets is sole book-running manager; offering closed Aug 20."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142485,"accession_number":"0001641172-25-024603","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-08-18T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Velo3D amends $15M convertible notes: maturity extended to Feb 2027, interest cut to 12%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["January Note ($5M): maturity extended from Apr 2025 to Feb 14, 2027; interest reduced from 60% to 12% per annum; conversion price lowered to $16.38/share.","February Note ($10M in two tranches): maturity extended to Feb 14, 2027; interest reduced from 30% to 12%; conversion price cut to $10.50/share.","Both notes are held by entities controlled by board member Kenneth Thieneman; amendments avoid immediate default on overdue principal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142484,"accession_number":"0000950170-25-104039","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Velo3D Q2 revenue $13.6M (+32% YoY); reaffirms 2025 growth >30% and H1 2026 EBITDA positive","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $13.6M vs $10.3M YoY; GAAP gross margin improved to -11.7% from -28.0%.","GAAP net loss $13.8M ($0.98/share); non-GAAP net loss $11.3M ($0.81/share) vs $21.7M loss in Q2 2024.","Backlog $15.9M at June 30, grewing to $17.8M as of July 25, driven by RPS demand from Space and Defense.","Signed CRADA with NAVAIR, $4M MSA with Vaya Space, $22M partnership with Amaero, and $15M MSA with Momentus.","Reaffirmed 2025 annual revenue growth >30% and expectation to be EBITDA positive in first half of 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":22892000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142483,"accession_number":"0001641172-25-021026","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-07-25T23:59:59+00:00","items":["3.03","5.03","8.01","9.01"],"status":"ready","headline":"Velo3D implements 1-for-15 reverse stock split effective July 28 to pursue national exchange listing","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Outstanding shares reduced from ~211M to ~14M; fractional shares rounded up.","Stock trades under symbol VLDXD for 20 business days, then returns to VLDX; CUSIP changed to 92259N 302.","Warrant exercise prices and shares adjusted proportionately; public warrants now $6,037.50 per 1/525 share.","Split approved by stockholders June 27, board set ratio July 18; authorized shares remain 500M.","Primary intent: meet bid price requirements for potential national securities exchange listing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142482,"accession_number":"0001641172-25-017477","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-07-02T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Velo3D shareholders approve reverse stock split and written consent; Board elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders elected Adrian Keppler (192,982,263 votes for) and Jason Lloyd (193,034,548) as Class I directors.","Ratified Frank, Rimerman + Co. LLP as independent auditor for FY2025 (200,188,533 for, 58,515 against).","Approved reverse stock split at ratio 1:5 to 1:50, exact ratio set by Board without further shareholder vote.","Approved amendment to allow stockholder action by written consent (191,459,746 for, 320,822 against, 1,348,048 abstentions).","Certificate of amendment to remove prohibition on written consent filed July 1, 2025 and effective same day."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160523,"accession_number":"0001641172-25-011746","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-05-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Velo3D COO Bradley Kreger departs effective May 19, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bradley Kreger, Chief Operating Officer, separated from Velo3D by mutual agreement effective May 19, 2025.","Separation was not due to any disagreement with the company's operations, policies, or practices.","No replacement named at this time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160522,"accession_number":"0000950170-25-070439","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Velo3D Q1 revenue $9.3M, gross margin 7.5%, reaffirms >30% revenue growth for 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $9.3M (down from $9.8M YoY); GAAP gross margin improved to 7.5% from (28.8%).","GAAP net loss $25.4M ($0.13/share); Non-GAAP net loss $8.9M ($0.04/share).","Backlog $18M; reaffirms 2025 revenue growth >30% and EBITDA positive in H1 2026.","Signed $15M five-year MSA with Momentus; exclusive supply with Amaero; RPS backlog tripled.","Appointed Brice Cooper as VP Defense/Government; added Admiral Lloyd and Thieneman to Board."],"consensus_eps_estimate":-0.0408,"consensus_eps_actual":-0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":9320000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160521,"accession_number":"0001641172-25-006362","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Velo3D appoints directors Lloyd and Thieneman; 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lock-up agreements signed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Velo3D enters warrant exchange agreements with Highbridge, Anson, and High Trail holders.","Exchanges 4,950,793 warrants for 14,852,379 shares of common stock at 3:1 ratio, no cash.","Closing expected Feb 24, 2025; directors and officers sign 45-day lock-up agreements.","High Trail holders get liquidated damages provision if company fails to file required reports.","Shares issued exempt from registration under Section 3(a)(9) of Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178765,"accession_number":"0001493152-25-006118","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Velo3D issues $10M secured convertible note at 30% interest, conversion at $1","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $10M senior secured convertible note to Thieneman Construction in two $5M tranches; 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appoints CEO Arun Jeldi at $425K salary","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $5M senior secured convertible note to Thieneman Properties, LLC; maturity April 7, 2025.","Note bears 60% annual interest; conversion price $1.56 per share if default occurs.","CEO Arun Jeldi appointed (effective Dec 24, 2025) with base salary $425K and target bonus 80% of base.","COO Bradley Kreger base salary approved at $400K per year.","Note secured by accounts receivable and inventory; subsidiary Velo3D US, Inc. provides guaranty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195443,"accession_number":"0001493152-24-052024","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-12-26T23:59:59+00:00","items":["4.01"],"status":"ready","headline":"Velo3D engages Frank, Rimerman as new auditor after PwC dismissal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["PwC dismissed effective Nov 22, 2024, per Audit Committee decision.","Frank, Rimerman + Co. LLP engaged as new independent auditor on Dec 21, 2024.","No consultations on accounting principles or disagreements with new auditor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195442,"accession_number":"0001493152-24-051999","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-12-26T23:59:59+00:00","items":["1.01","3.02","5.01","5.02","5.03","7.01","9.01"],"status":"ready","headline":"Velo3D exchanges $22.4M debt for 185M shares; Holder gets 95% control, new CEO appointed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["81.7% of senior secured notes cancelled ($22.38M principal + $369K accrued interest) for 185,151,333 shares.","Arrayed Notes Acquisition Corp now owns 95% of outstanding common stock; remaining $5M notes stay.","CEO Brad Kreger steps down, appointed COO; Arun Jeldi (Arrayed Additive CEO) becomes CEO and director.","Six board members resign (Carl Bass, Ellen Smith, Gabrielle Toledano, Matthew Walters, Benyamin Buller, Darryl Porter); board reduced from 10 to 5.","Bylaws amended to grant majority holder special meeting and consent rights; company remains publicly traded on OTCQX."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195441,"accession_number":"0001493152-24-049664","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-12-12T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Velo3D defaults on Senior Secured Notes; obtains forbearance until Dec 16, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Velo3D missed partial redemption and interest payments on Senior Secured Notes since September 2024.","Company also failed to file its Q3 2024 Form 10-Q and deliver required compliance certificates.","Forbearance agreement with noteholders High Trail Investments ON LLC and HB SPV I Master Sub LLC effective Dec 9, 2024, ending Dec 16, 2024.","During forbearance, noteholders agree not to enforce remedies; other defaults (e.g., bankruptcy) terminate forbearance immediately.","Company releases holders from claims arising before Dec 9, 2024, upon closing of a purchase agreement with Arrayed Notes Acquisition Corp."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195440,"accession_number":"0001493152-24-048034","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-11-27T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Velo3D dismisses auditor PwC; 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50% to pay down debt","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["SpaceX pays $5M license fee (two $2.5M tranches) and $3M for engineering support services.","Velo3D must use 50% of fees to redeem outstanding principal and interest on $28.4M notes.","License is non-exclusive, perpetual, irrevocable for SpaceX's internal operations; Velo3D retains ownership.","Note holders consented, confirming the deal does not constitute an event of default.","Velo3D will deliver the technology within 10 days and provide improvements made within 12 months."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211701,"accession_number":"0000950170-24-105603","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-09-12T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"NYSE delists Velo3D; shares move to OTCQX under VLDX","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["NYSE determined to delist Velo3D common stock and warrants for non-compliance with $15M avg market cap standard.","Company had been non-compliant since July 2024 when market cap and equity fell below $50M.","Velo3D submitted a compliance plan on Aug. 22 but decided not to pursue further steps to maintain NYSE listing.","Trading suspended on NYSE; OTCQX Best Market trading begins Sept. 11, 2024 under symbol VLDX."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211700,"accession_number":"0000950170-24-096998","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Q2 revenue fell 59% to $10.3M; GAAP gross margin -28%; cuts 30% of staff","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 GAAP revenue $10.3M down 59% YoY from $25.1M; GAAP gross margin negative 28%.","GAAP net loss of $0.2M ($0.02 per share) improved from $23.2M loss; non-GAAP net loss $21.7M.","Announced ~30% headcount reduction and additional cost programs; operating expenses down 37% YoY.","Year-to-date bookings $21M; backlog $17M; >40% of orders from existing customers; defense >20% of shipments.","Strategic review ongoing; expects challenging industry conditions into H2 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":20130000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211699,"accession_number":"0000950170-24-095790","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Velo3D reduces warrant exercise price to $2.28, issues new warrants for up to $1.62M gross proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reduced exercise price of 742,857 existing warrants from $19.78 to $2.28 per share via inducement agreement.","Issued new warrants to purchase 1,485,714 shares at $2.28, exercisable immediately, expiring in 5 years.","If exercised in full, aggregate gross proceeds of approximately $1.62 million before expenses.","Net proceeds to be used for working capital and general corporate purposes.","Exercise period for existing warrants closes August 13, 2024 at 8:30 am ET."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211698,"accession_number":"0000950170-24-095783","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["2.05"],"status":"ready","headline":"Velo3D cuts 30% of workforce (~63 employees) in restructuring; expects $1.1-1.7M in costs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reduction in force affects approximately 63 employees globally, about 30% of total workforce.","Estimated costs between $1.1M and $1.7M, primarily wages and benefits, paid in Q4 2024.","Layoff plan expected to be completed by end of October 2024.","Company cites streamlining operations and reducing costs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211697,"accession_number":"0000950170-24-083199","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-07-12T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Velo3D receives NYSE delisting notice; avg market cap $36.6M, equity deficit $45.5M","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received NYSE notice on July 8 for failing continued listing standard under Section 802.01B.","30-day avg market cap $36.6M as of July 5; stockholders' deficit ($45.5M) as of March 31.","Will submit a compliance plan within 45 days; NYSE may allow up to 18-month cure period.","As of June 28, stock price above $1 threshold, so price compliance regained.","No immediate delisting; stock continues trading under VLD with '.BC' indicator."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211695,"accession_number":"0001825079-24-000027","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K/A","filed_at":"2024-07-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Velo3D boosts new CEO Bradley Kreger's base to $460K and 2024 target bonus to 70%","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bradley Kreger appointed CEO effective June 14, 2024; base salary raised from $380K to $460K.","2024 target bonus fixed at 70% of new base ($322K) per annual bonus plan.","Compensation Committee approved modifications on June 26, 2024, effective as of June 14."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211696,"accession_number":"0001825079-24-000026","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-07-01T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Velo3D defers $10.5M debt payment; issues 1.65M warrants at $3.00/share","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Third Note Amendment defers July 1, 2024 $10.5M redemption into 10 equal monthly payments starting Aug 1, 2024.","Issued warrants for 1,650,000 shares at $3.00/share to note holders High Trail Investments ON LLC and HB SPV I Master Sub LLC.","Warrants exercisable for 5 years after resale registration statement declared effective; registration to be filed within 30 days.","Default under warrants triggers event of default under the senior secured notes due 2026.","Warrants were issued in reliance on Section 4(a)(2) and Rule 506(b) exemption."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230436,"accession_number":"0001825079-24-000025","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Velo3D appoints Brad Kreger as permanent CEO; cites re-alignment success","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brad Kreger, interim CEO since Dec 2023, formally appointed permanent CEO effective June 14, 2024.","Board cites strategic re-alignment success: reduced operating expenses 30% YoY, improved system reliability.","$27M in new orders booked from mid-Dec 2023 through Q1 2024; $22M backlog entering Q2 2024.","Reduced Sapphire printer installation time by >40% over last 6 months; resolved 100% high-priority tickets in Q1 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230435,"accession_number":"0001825079-24-000024","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["3.03","5.07","7.01","8.01","9.01"],"status":"ready","headline":"Velo3D stockholders approve 1-for-35 reverse stock split; effective June 13, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-35 ratio approved by board and stockholders; effective June 13, 2024; new CUSIP 92259N 203.","Public warrants adjusted: each warrant now exercisable for 1/35 share at $402.50; similar adjustments for other warrants.","Stockholders also ratified PricewaterhouseCoopers as independent auditor for FY 2024.","Stockholders elected Bradley Kreger, Gabrielle Toledano, and Matthew Walters as Class III directors.","Stockholders approved issuance of shares under Secured Notes and Additional Secured Convertible Notes per NYSE rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230434,"accession_number":"0001825079-24-000019","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Velo3D Q1 revenue $9.8M, net loss $28.3M; sees >30% sequential revenue growth in Q2","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP revenue $9.8M vs $26.7M YoY; GAAP net loss $28.3M ($0.11 loss per share); non-GAAP net loss $20.2M ($0.08 loss per share).","Q1 bookings of $17M; $22M backlog exiting Q1; 50% of orders from existing customers; added 3 new defense customers.","Operating expenses down 30% YoY; aiming for cash flow breakeven in H2 2024; expects >30% sequential revenue growth in Q2.","Strategic review process to maximize shareholder value remains ongoing; cash and investments $11M at quarter end."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":9786000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230433,"accession_number":"0001825079-24-000015","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-04-22T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Velo3D appoints Hull Xu as CFO, announces $27M in new orders since Dec 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hull Xu appointed CFO, effective April 24, 2024; replaces acting CFO Bernard Chung who leaves April 29.","Michelle Sidwell named Chief Commercial Officer to unify sales, marketing, customer service.","CMO Renette Youssef departs; separation not due to any disagreement.","Company booked $27 million in new orders since mid-December 2023; backlog rebuilding.","Cost realignment programs on plan to improve margins and cash flow."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230432,"accession_number":"0001825079-24-000012","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-04-11T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Velo3D prices $12M public offering of 34.3M shares and warrants at $0.35/unit","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Priced 34,285,715 common shares and warrants (each exercisable at $0.35, 5-year term) at $0.35 per unit for gross proceeds of ~$12M.","Net proceeds to fund working capital, capex, and repayment of senior secured notes due 2026.","Closing expected on April 12, 2024; A.G.P./Alliance Global Partners serves as placement agent with a 7% cash fee and 1,714,286 placement agent warrants at $0.385.","Directors and officers agreed to a 90-day lock-up on their Velo3D securities following closing.","Offering conducted under effective shelf registration statement (File No. 333-268346) filed November 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230431,"accession_number":"0001825079-24-000010","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-04-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Velo3D reports Q1 2024 preliminary revenue $6-11M, bookings $27M, backlog $23M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Bookings of $27M since mid-Dec 2023; Q1 bookings $17M, backlog $23M at quarter end.","Preliminary Q1 revenue $6-11M; gross margin -25% to 10%; OpEx $13-18M (excl. one-time/SBC).","Mears Machine ordered 2 Sapphire XC systems for defense/aerospace; 50% of orders from existing customers.","Company reaffirms target of ~30% gross margin by Q4 2024; system deliveries start Q2."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":9786000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230430,"accession_number":"0001825079-24-000006","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-04-02T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Velo3D makes $11M debt payments, issues 21.9M warrants to High Trail investors","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Cash payment of $5.5M on Apr 1 to redeem ~$4.2M principal plus accrued interest.","Cash payment of $5.5M on Apr 15 to repay ~$4.6M principal plus accrued interest.","Issued warrants to purchase 21,949,079 shares of common stock at $0.4556 per share.","Warrants exercisable 45 days after issuance; expire one year after later of that date or SEC effectiveness.","Company agrees to file resale registration statement within 45 days of warrant issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":248825,"accession_number":"0001825079-24-000005","cik":1825079,"company_name":"Velo3D, Inc.","ticker":"VELO","form_type":"8-K","filed_at":"2024-03-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Velo3D Q4 revenue plunges to $1.8M from $23.8M QoQ; net loss widens to $58.2M; strategic review ongoing","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $1.8M, down 92% sequentially; 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shares sold through Needham as agent.","Proceeds from future sales will be used for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":506320000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-01-31T23:59:59+00:00|248824"}