{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-024603","form_type":"8-K","ticker":"VELO","cik":"0001825079","company_name":"Velo3D, Inc.","filed_at":"2025-08-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.163506+00:00","generated_at":"2026-05-17T12:01:19.913071+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Velo3D amends $15M convertible notes: maturity extended to Feb 2027, interest cut to 12%","bullets":["January Note ($5M): maturity extended from Apr 2025 to Feb 14, 2027; interest reduced from 60% to 12% per annum; conversion price lowered to $16.38/share.","February Note ($10M in two tranches): maturity extended to Feb 14, 2027; interest reduced from 30% to 12%; conversion price cut to $10.50/share.","Both notes are held by entities controlled by board member Kenneth Thieneman; amendments avoid immediate default on overdue principal."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-024603","json":"https://secwatch.observer/filing/0001641172-25-024603.json","markdown":"https://secwatch.observer/filing/0001641172-25-024603.md","text":"https://secwatch.observer/filing/0001641172-25-024603.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825079/000164117225024603/0001641172-25-024603-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825079/000164117225024603/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T12:01:19.913071+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}