NYSE delists Velo3D; shares move to OTCQX under VLDX

Velo3D, Inc.

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.

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