secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K
Filed at:   2024-06-12T23:59:59+00:00
Accession:  0001825079-24-000024
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Velo3D stockholders approve 1-for-35 reverse stock split; effective June 13, 2024
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- Reverse stock split at 1-for-35 ratio approved by board and stockholders; effective June 13, 2024; new CUSIP 92259N 203.
- Public warrants adjusted: each warrant now exercisable for 1/35 share at $402.50; similar adjustments for other warrants.
- Stockholders also ratified PricewaterhouseCoopers as independent auditor for FY 2024.
- Stockholders elected Bradley Kreger, Gabrielle Toledano, and Matthew Walters as Class III directors.
- Stockholders approved issuance of shares under Secured Notes and Additional Secured Convertible Notes per NYSE rules.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000182507924000024/0001825079-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000182507924000024/vld-20240612.htm
  HTML page:      https://secwatch.observer/filing/0001825079-24-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer