other_material
confidence high
sentiment neutral
materiality 0.60
Velo3D shareholders approve reverse stock split and written consent; Board elected
Velo3D, Inc.
- Stockholders elected Adrian Keppler (192,982,263 votes for) and Jason Lloyd (193,034,548) as Class I directors.
- Ratified Frank, Rimerman + Co. LLP as independent auditor for FY2025 (200,188,533 for, 58,515 against).
- Approved reverse stock split at ratio 1:5 to 1:50, exact ratio set by Board without further shareholder vote.
- Approved amendment to allow stockholder action by written consent (191,459,746 for, 320,822 against, 1,348,048 abstentions).
- Certificate of amendment to remove prohibition on written consent filed July 1, 2025 and effective same day.
item 5.03item 5.07item 9.01