---
schema_version: "secwatch.filing_event.v1"
accession: "0001825079-24-000012"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2024-04-11T23:59:59+00:00"
generated_at: "2026-06-04T00:09:22.862257+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Velo3D prices $12M public offering of 34.3M shares and warrants at $0.35/unit

## Summary
- Priced 34,285,715 common shares and warrants (each exercisable at $0.35, 5-year term) at $0.35 per unit for gross proceeds of ~$12M.
- Net proceeds to fund working capital, capex, and repayment of senior secured notes due 2026.
- Closing expected on April 12, 2024; A.G.P./Alliance Global Partners serves as placement agent with a 7% cash fee and 1,714,286 placement agent warrants at $0.385.
- Directors and officers agreed to a 90-day lock-up on their Velo3D securities following closing.
- Offering conducted under effective shelf registration statement (File No. 333-268346) filed November 2022.

## SEC filing metadata
- accession: 0001825079-24-000012
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2024-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000182507924000012/0001825079-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000182507924000012/vld-20240411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825079-24-000012
- JSON: https://secwatch.observer/filing/0001825079-24-000012.json
- Plain text: https://secwatch.observer/filing/0001825079-24-000012.txt

## Key facts
- Material Agreements
  Velo3D, Inc. entered into Purchase Agreements with certain investors valued at approximately $12 million (effective 2024-04-10).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors
  - Value: approximately $12 million
  - Effective: 2024-04-10
  source text: On April 10, 2024, Velo3D, Inc. (the “Company”) entered into securities purchase agreements (the “Purchase Agreements”) with certain investors (collectively, the “Purchasers”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825079/000182507924000012/0001825079-24-000012-index.htm
- Material Agreements
  Velo3D, Inc. entered into Placement Agency Agreement with A.G.P./Alliance Global Partners valued at 7.0% of the aggregate purchase price (effective 2024-04-10).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: A.G.P./Alliance Global Partners
  - Value: 7.0% of the aggregate purchase price
  - Effective: 2024-04-10
  source text: on April 10, 2023, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with A.G.P./Alliance Global Partners (the “Placement Agent”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825079/000182507924000012/0001825079-24-000012-index.htm

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