{"schema_version":"secwatch.filing_event.v1","accession":"0001825079-24-000006","form_type":"8-K","ticker":"VELO","cik":"0001825079","company_name":"Velo3D, Inc.","filed_at":"2024-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.430974+00:00","generated_at":"2026-06-04T03:49:28.033347+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Velo3D makes $11M debt payments, issues 21.9M warrants to High Trail investors","bullets":["Cash payment of $5.5M on Apr 1 to redeem ~$4.2M principal plus accrued interest.","Cash payment of $5.5M on Apr 15 to repay ~$4.6M principal plus accrued interest.","Issued warrants to purchase 21,949,079 shares of common stock at $0.4556 per share.","Warrants exercisable 45 days after issuance; expire one year after later of that date or SEC effectiveness.","Company agrees to file resale registration statement within 45 days of warrant issuance."],"urls":{"canonical":"https://secwatch.observer/filing/0001825079-24-000006","json":"https://secwatch.observer/filing/0001825079-24-000006.json","markdown":"https://secwatch.observer/filing/0001825079-24-000006.md","text":"https://secwatch.observer/filing/0001825079-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825079/000182507924000006/0001825079-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825079/000182507924000006/vld-20240402.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T03:49:28.033347+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":[{"claim_id":"123fbfc211c662961027293ac5c9d8da47c32c4e","claim":"Velo3D, Inc. amended Second Note Amendment with High Trail Investments ON LLC and an affiliated institutional investor valued at $5.5 million (effective 2024-03-31).","evidence_excerpt":"Velo3D, Inc. (the “Company”) entered into a second note amendment, dated as of March 31, 2024 (the “Second Note Amendment”), to its senior secured notes due 2026 (as amended, the “Notes”) with High Trail Investments ON LLC and an affiliated institutional investor (the “Investors”) and U.S. Bank Trust Company, National Association, as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825079/000182507924000006/0001825079-24-000006-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"High Trail Investments ON LLC and an affiliated institutional investor"},{"label":"Value","value":"$5.5 million"},{"label":"Effective","value":"2024-03-31"}],"fact_type":"material_agreement"},{"claim_id":"703c4996153a232f81216d13aee71fdf0bd94b30","claim":"Velo3D, Inc. entered into Letter Agreement with High Trail Investments ON LLC and an affiliated institutional investor (effective 2024-03-31).","evidence_excerpt":"the Company also entered into a letter agreement, dated as of March 31, 2024 (the “Letter Agreement”), with the Investors pursuant to which the Company issued to the Investors warrants (the “Warrants”) to purchase 21,949,079 shares of the Company’s common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825079/000182507924000006/0001825079-24-000006-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"High Trail Investments ON LLC and an affiliated institutional investor"},{"label":"Effective","value":"2024-03-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}