secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K
Filed at:   2024-09-12T23:59:59+00:00
Accession:  0000950170-24-105603
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE delists Velo3D; shares move to OTCQX under VLDX
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000095017024105603/0000950170-24-105603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000095017024105603/vld-20240910.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-105603

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