secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K
Filed at:   2026-10-02T20:15:35+00:00
Accession:  0001193125-26-412304
Event type: leadership
Sentiment:  neutral
Materiality: 0.62
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Velo3D CFO James Suva departs; Terence P. Wynn named Interim CFO under $32,500/month KBC consulting pact
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- James Suva separated as Velo3D CFO and principal financial/accounting officer effective Sept 28, 2026; the filing states no disagreement over operations, policies or practices.
- Board appointed Terence P. Wynn, 70, Interim CFO effective Sept 28, 2026; he serves as a KBC consultant, not a Velo3D employee, and receives no direct compensation.
- Velo3D will pay KongBasileConsulting $32,500 per month, prorated, plus pre-approved expenses; KBC must give 60 days' notice to remove Wynn without Company consent.
- KBC liability capped at 12 months of fees, or $1,000,000 for certain breaches; KBC must maintain professional liability insurance of at least $1,000,000 per claim.
- Services Agreement is void if Wynn's appointment is not made by Oct 15, 2026; the Company signed by CEO Arun Jeldi and KBC by Stanley Kong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000119312526412304/0001193125-26-412304-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000119312526412304/velo-20260928.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-412304

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