{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-029070","form_type":"8-K","ticker":"VELO","cik":"0001825079","company_name":"Velo3D, Inc.","filed_at":"2025-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.642592+00:00","generated_at":"2026-05-16T12:17:11.675918+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Velo3D raises $30M via PIPE at $8.25/share; new and existing institutional investors participate","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-029070","json":"https://secwatch.observer/filing/0001493152-25-029070.json","markdown":"https://secwatch.observer/filing/0001493152-25-029070.md","text":"https://secwatch.observer/filing/0001493152-25-029070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825079/000149315225029070/0001493152-25-029070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825079/000149315225029070/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:17:11.675918+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a197703cc68aa6febb332a123e378a7beec55c27","claim":"Velo3D, Inc. issued 3,636,363 shares of common stock to certain institutional accredited investors for $8.25 per share.","evidence_excerpt":"On December 22, 2025, Velo3D, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional accredited investors (the “Purchasers”), for the issuance and sale in a private placement of an aggregate of 3,636,363 shares of the Company’s common stock, par value $0.00001 per share (the “Shares”), at a purchase price of $8.25 per share.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825079/000149315225029070/0001493152-25-029070-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"3,636,363 shares"},{"label":"Purchaser","value":"certain institutional accredited investors"},{"label":"Consideration","value":"$8.25 per share"}],"fact_type":"equity_issuance"},{"claim_id":"d6cc1c4840459ff8b3c23c1d256e7a3971b123c3","claim":"Velo3D, Inc. entered into Purchase Agreement with certain institutional accredited investors (effective 2025-12-22).","evidence_excerpt":"On December 22, 2025, Velo3D, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional accredited investors (the “Purchasers”), for the issuance and sale in a private placement of an aggregate of 3,636,363 shares of the Company’s common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825079/000149315225029070/0001493152-25-029070-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional accredited investors"},{"label":"Effective","value":"2025-12-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}