8-K filed April 28, 2025, 7:59 PM ET ticker VELO CIK 0001825079

leadership confidence high sentiment negative materiality 0.60

Velo3D appoints directors Lloyd and Thieneman; Idelchik, Kreger resign; Thieneman entities hold $15M notes

Velo3D, Inc.

Bradley Kreger (COO) and Michael Idelchik resigned as directors on April 22, 2025; no disagreement with company.
Appointed Jason Lloyd (retired Navy Rear Admiral, VP at TotalTek) and Kenneth Thieneman (CEO Thieneman Construction) effective April 24, 2025.
Thieneman-related entities hold $15M in secured convertible notes: $5M Jan Note ($750k interest paid) and $10M Feb Note (~$3M annual interest, unpaid as of April 25).
Lloyd to serve on Audit, Compensation, and Nominating Committees; Thieneman's appointment gives creditor board representation.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Bradley Kreger

Director

VELO · Velo3D, Inc.

Effective: 2025-04-22
Filed: April 28, 2025, 7:59 PM ET

the Board was notified by each of Michael Idelchik and Bradley Kreger of their decisions to resign as directors of the Company

Departed

Michael Idelchik

Director

VELO · Velo3D, Inc.

Effective: 2025-04-22
Filed: April 28, 2025, 7:59 PM ET

the Board was notified by each of Michael Idelchik and Bradley Kreger of their decisions to resign as directors of the Company

Appointed

Kenneth Thieneman

Director

VELO · Velo3D, Inc.

Effective: 2025-04-24
Filed: April 28, 2025, 7:59 PM ET

appointed each of Jason Lloyd and Kenneth Thieneman to serve as directors of the Board to fill the vacancies created by the resignations described below.

Appointed

Jason Lloyd

Director

VELO · Velo3D, Inc.

Effective: 2025-04-24
Filed: April 28, 2025, 7:59 PM ET

appointed each of Jason Lloyd and Kenneth Thieneman to serve as directors of the Board to fill the vacancies created by the resignations described below.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Bradley Kreger resigned as Director at Velo3D, Inc..

Action: resigned
Role: Director

Exact text from the filing

the Board was notified by each of Michael Idelchik and Bradley Kreger of their decisions to resign as directors of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Idelchik resigned as Director at Velo3D, Inc..

Action: resigned
Role: Director

Exact text from the filing

the Board was notified by each of Michael Idelchik and Bradley Kreger of their decisions to resign as directors of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Thieneman was appointed as Director at Velo3D, Inc..

Action: appointed
Role: Director

Exact text from the filing

appointed each of Jason Lloyd and Kenneth Thieneman to serve as directors of the Board to fill the vacancies created by the resignations described below.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Lloyd was appointed as Director at Velo3D, Inc..

Action: appointed
Role: Director

Exact text from the filing

appointed each of Jason Lloyd and Kenneth Thieneman to serve as directors of the Board to fill the vacancies created by the resignations described below.

View on SEC.gov

Velo3D, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-006362

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