Bradley Kreger
On May 19, 2025, Velo3D, Inc. (the “Company”) and Bradley Kreger, the Company’s former Chief Operating Officer, mutually agreed that Mr. Kreger would separate from the Company, effective as of May 19, 2025.
Highest-materiality recent filing
Velo3D enters up to $100M at-the-market equity sales agreement with three agents
Entered into Sales Agreement with Needham, Cantor Fitzgerald, and Craig-Hallum for at-the-market offering of up to $100M of common stock.
Velo3D Q1 revenue $13.8M, up 48% YoY; net loss -$7.0M; reaffirms FY26 outlook $60-70M
Revenue $13.8M, up 48% YoY from $9.3M; GAAP gross margin 17.2% vs 7.5%.
One-time option grant sized at 3% of outstanding shares, ten-year term, FMV exercise price.
Velo3D prices $50M registered direct offering of 3.57M shares at $14.00/share
Offering of 3,571,428 shares at $14.00 per share for gross proceeds of ~$50M.
Velo3D appoints James Suva as CFO effective April 6, 2026; details of compensation disclosed
James Suva appointed CFO; base salary $380,000, target bonus 70% of base for FY2026.
Velo3D reports FY2025 revenue $46M (+12% YoY); guides FY2026 rev $60-70M; appoints James Suva CFO
FY2025 GAAP revenue $46.0M (vs $41.0M in FY2024); Q4 revenue $9.4M (vs $12.6M).
Velo3D amends convertible notes to allow conversion of accrued interest into common stock
The $5M January 2025 Note (held by CEO's Arrayed) now allows conversion of principal plus accrued interest into 16.38/share at any time.
Velo3D CEO Jeldi gets $650K salary, bonus up to 100%, stock options with valuation-based vesting
Annual base salary set at $650,000 effective January 1, 2026.
Velo3D raises $30M via PIPE at $8.25/share; new and existing institutional investors participate
Gross proceeds of ~$30M from 3.6M shares at $8.25 each; led by $20M from new fundamental institutional investor.
Signed $32.6M OTA contract with DoW Defense Innovation Unit for Project FORGE to resolve manufacturing bottleneck for critical weapon system.
Velo3D CFO resigns effective year-end; enters $10M sale-leaseback of printers
Hull Xu resigns as CFO effective Dec 31, 2025; not due to any disagreement with company.
Velo3D Q3 revenue $13.6M, net loss improves to $11.8M, backlog $21.1M; reaffirms FY25 guidance
Revenue $13.6M vs $8.2M YoY; GAAP gross margin fell to 3.2% from 49.4%.
Velo3D prices $17.5M public offering at $3.00/sh, uplists to Nasdaq (VELO)
Offering of 5,833,333 shares at $3.00 per share; gross proceeds ~$17.5M.
Velo3D amends $15M convertible notes: maturity extended to Feb 2027, interest cut to 12%
January Note ($5M): maturity extended from Apr 2025 to Feb 14, 2027; interest reduced from 60% to 12% per annum; conversion price lowered to $16.38/share.
Velo3D Q2 revenue $13.6M (+32% YoY); reaffirms 2025 growth >30% and H1 2026 EBITDA positive
Q2 revenue $13.6M vs $10.3M YoY; GAAP gross margin improved to -11.7% from -28.0%.
Velo3D implements 1-for-15 reverse stock split effective July 28 to pursue national exchange listing
Outstanding shares reduced from ~211M to ~14M; fractional shares rounded up.
Velo3D shareholders approve reverse stock split and written consent; Board elected
Stockholders elected Adrian Keppler (192,982,263 votes for) and Jason Lloyd (193,034,548) as Class I directors.
Velo3D COO Bradley Kreger departs effective May 19, 2025
Bradley Kreger, Chief Operating Officer, separated from Velo3D by mutual agreement effective May 19, 2025.
On May 19, 2025, Velo3D, Inc. (the “Company”) and Bradley Kreger, the Company’s former Chief Operating Officer, mutually agreed that Mr. Kreger would separate from the Company, effective as of May 19, 2025.
Max materiality 0.75 · Median 0.70 · Most common event other_material