---
schema_version: "secwatch.filing_event.v1"
accession: "0001825079-24-000026"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:07:57.162213+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Velo3D defers $10.5M debt payment; issues 1.65M warrants at $3.00/share

## Summary
- Third Note Amendment defers July 1, 2024 $10.5M redemption into 10 equal monthly payments starting Aug 1, 2024.
- Issued warrants for 1,650,000 shares at $3.00/share to note holders High Trail Investments ON LLC and HB SPV I Master Sub LLC.
- Warrants exercisable for 5 years after resale registration statement declared effective; registration to be filed within 30 days.
- Default under warrants triggers event of default under the senior secured notes due 2026.
- Warrants were issued in reliance on Section 4(a)(2) and Rule 506(b) exemption.

## SEC filing metadata
- accession: 0001825079-24-000026
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000182507924000026/0001825079-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000182507924000026/vld-20240701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825079-24-000026
- JSON: https://secwatch.observer/filing/0001825079-24-000026.json
- Plain text: https://secwatch.observer/filing/0001825079-24-000026.txt

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