---
schema_version: "secwatch.filing_event.v1"
accession: "0001825079-23-000003"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:20:40.693632+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Velo3D enters into $40M at-the-market equity offering agreement with Needham

## Summary
- Up to $40M of common stock may be sold from time to time through Needham & Company.
- Needham receives 3.0% commission on gross proceeds from each sale of shares.
- Sales made under existing effective shelf registration statement (File No. 333-268346).
- Agreement contains customary representations, warranties, and indemnification provisions.

## SEC filing metadata
- accession: 0001825079-23-000003
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000003/0001825079-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000003/vld-20230206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825079-23-000003
- JSON: https://secwatch.observer/filing/0001825079-23-000003.json
- Plain text: https://secwatch.observer/filing/0001825079-23-000003.txt

## Key facts
- Material Agreements
  Velo3D, Inc. entered into Sales Agreement with Needham & Company, LLC valued at up to $40 million (effective 2023-02-06).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Needham & Company, LLC
  - Value: up to $40 million
  - Effective: 2023-02-06
  source text: On February 6, 2023, Velo3D, Inc. (“Velo3D”) entered into a Sales Agreement (the “Sales Agreement”) with Needham & Company, LLC (“Needham”), as agent, pursuant to which Velo3D may offer and sell, from time to time through Needham, shares of its common stock, par value $0.00001 per share (the “Shares”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000003/0001825079-23-000003-index.htm

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