secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K
Filed at:   2026-05-15T21:28:54+00:00
Accession:  0001493152-26-023956
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Velo3D enters up to $100M at-the-market equity sales agreement with three agents
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- Entered into Sales Agreement with Needham, Cantor Fitzgerald, and Craig-Hallum for at-the-market offering of up to $100M of common stock.
- Sales agents to receive 3% commission on gross proceeds from sales of shares.
- Terminated prior sales agreement with Needham dated February 2023; no penalties.
- Company intends to use net proceeds for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000149315226023956/0001493152-26-023956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000149315226023956/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-023956

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer