---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-095790"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:48:01.276401+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Velo3D reduces warrant exercise price to $2.28, issues new warrants for up to $1.62M gross proceeds

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-095790
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000095017024095790/0000950170-24-095790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000095017024095790/vld-20240813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-095790
- JSON: https://secwatch.observer/filing/0000950170-24-095790.json
- Plain text: https://secwatch.observer/filing/0000950170-24-095790.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.