---
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"
generated_at: "2026-05-17T12:01:19.913071+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Velo3D amends $15M convertible notes: maturity extended to Feb 2027, interest cut to 12%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-024603
- JSON: https://secwatch.observer/filing/0001641172-25-024603.json
- Plain text: https://secwatch.observer/filing/0001641172-25-024603.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.