secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001825079-24-000003
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Velo3D increases ATM equity offering capacity from $40M to $75M
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- As of Jan 31, 2024, company has sold shares for gross proceeds of $24.6M under existing ATM program.
- Amended prospectus supplement increases aggregate offering amount to $75M from $40M.
- Sales agreement with Needham & Company remains in place; shares sold through Needham as agent.
- Proceeds from future sales will be used for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000182507924000003/0001825079-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000182507924000003/vld-20240131.htm
  HTML page:      https://secwatch.observer/filing/0001825079-24-000003

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