Velo3D prices $17.5M public offering at $3.00/sh, uplists to Nasdaq (VELO)

Velo3D, Inc.

Offering of 5,833,333 shares at $3.00 per share; gross proceeds ~$17.5M.
Net proceeds ~$15.5M; additional 875,000-share option to underwriter.
Proceeds for working capital, capex, and general corporate purposes.
Common stock to trade on Nasdaq Capital Market under ticker VELO starting Aug 19.
Lake Street Capital Markets is sole book-running manager; offering closed Aug 20.

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