Highest-materiality recent filing
Option vests upon market cap milestones: 10% at $1B, 20% at $3B, 30% at $5B, 40% at $10B within 5 years.
Velo3D shareholders approve 2.86M share increase to equity incentive plan; re-elect two directors
Shareholders approved amendment to 2021 Equity Incentive Plan: increase authorized shares by 2,860,000, raise ISO cap to 10M, require stockholder approval for option/SAR repricing.
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.
Velo3D Q1 revenue $9.3M, gross margin 7.5%, reaffirms >30% revenue growth for 2025
Revenue $9.3M (down from $9.8M YoY); GAAP gross margin improved to 7.5% from (28.8%).
Bradley Kreger (COO) and Michael Idelchik resigned as directors on April 22, 2025; no disagreement with company.
Velo3D Q4 revenue $12.6M, net loss improves; new majority shareholder; 2025 growth >30%
GAAP revenue Q4 $12.6M vs $2.5M YoY; FY2024 $41.0M vs $77.4M.
Velo3D exchanges ~4.95M warrants for 14.85M common shares; lock-up agreements signed
Velo3D enters warrant exchange agreements with Highbridge, Anson, and High Trail holders.
Velo3D issues $10M secured convertible note at 30% interest, conversion at $1
Issued $10M senior secured convertible note to Thieneman Construction in two $5M tranches; first tranche funded Feb 10, 2025.
Velo3D issues $5M convertible note at 60% interest; appoints CEO Arun Jeldi at $425K salary
Issued $5M senior secured convertible note to Thieneman Properties, LLC; maturity April 7, 2025.
Velo3D exchanges $22.4M debt for 185M shares; Holder gets 95% control, new CEO appointed
81.7% of senior secured notes cancelled ($22.38M principal + $369K accrued interest) for 185,151,333 shares.
Velo3D engages Frank, Rimerman as new auditor after PwC dismissal
PwC dismissed effective Nov 22, 2024, per Audit Committee decision.
Velo3D defaults on Senior Secured Notes; obtains forbearance until Dec 16, 2024
Velo3D missed partial redemption and interest payments on Senior Secured Notes since September 2024.
Velo3D dismisses auditor PwC; cites material weaknesses and going concern uncertainty
PwC dismissed as auditor effective Nov 22, 2024; its 2023 report included a going concern doubt paragraph.
Velo3D expects significant Q3 2024 revenue drop, discloses going concern doubt
Management expects significant revenue reduction for Q3 and 9M 2024 vs prior year due to lack of orders from strategic review uncertainty.
Velo3D cuts 46 employees (32% of workforce); expects $1.3-1.5M severance costs
Reduction in force affects ~46 employees, representing 32% of global workforce, announced Oct 9, 2024.
Velo3D appoints Darryl C. Porter as independent director; board expands to 10
Board increased from 9 to 10 directors; Porter designated Class III director, term through 2027 annual meeting.
Velo3D licenses additive manufacturing tech to SpaceX for up to $8M in fees; 50% to pay down debt
SpaceX pays $5M license fee (two $2.5M tranches) and $3M for engineering support services.
NYSE delists Velo3D; shares move to OTCQX under VLDX
NYSE determined to delist Velo3D common stock and warrants for non-compliance with $15M avg market cap standard.
Q2 revenue fell 59% to $10.3M; GAAP gross margin -28%; cuts 30% of staff
Q2 GAAP revenue $10.3M down 59% YoY from $25.1M; GAAP gross margin negative 28%.
Velo3D cuts 30% of workforce (~63 employees) in restructuring; expects $1.1-1.7M in costs
Reduction in force affects approximately 63 employees globally, about 30% of total workforce.
Velo3D reduces warrant exercise price to $2.28, issues new warrants for up to $1.62M gross proceeds
Reduced exercise price of 742,857 existing warrants from $19.78 to $2.28 per share via inducement agreement.
Velo3D receives NYSE delisting notice; avg market cap $36.6M, equity deficit $45.5M
Received NYSE notice on July 8 for failing continued listing standard under Section 802.01B.
Velo3D boosts new CEO Bradley Kreger's base to $460K and 2024 target bonus to 70%
Bradley Kreger appointed CEO effective June 14, 2024; base salary raised from $380K to $460K.
Velo3D defers $10.5M debt payment; issues 1.65M warrants at $3.00/share
Third Note Amendment defers July 1, 2024 $10.5M redemption into 10 equal monthly payments starting Aug 1, 2024.
Velo3D appoints Brad Kreger as permanent CEO; cites re-alignment success
Brad Kreger, interim CEO since Dec 2023, formally appointed permanent CEO effective June 14, 2024.
Velo3D stockholders approve 1-for-35 reverse stock split; effective June 13, 2024
Reverse stock split at 1-for-35 ratio approved by board and stockholders; effective June 13, 2024; new CUSIP 92259N 203.
Velo3D Q1 revenue $9.8M, net loss $28.3M; sees >30% sequential revenue growth in Q2
GAAP revenue $9.8M vs $26.7M YoY; GAAP net loss $28.3M ($0.11 loss per share); non-GAAP net loss $20.2M ($0.08 loss per share).
Velo3D appoints Hull Xu as CFO, announces $27M in new orders since Dec 2023
Hull Xu appointed CFO, effective April 24, 2024; replaces acting CFO Bernard Chung who leaves April 29.
Velo3D prices $12M public offering of 34.3M shares and warrants at $0.35/unit
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.
Velo3D reports Q1 2024 preliminary revenue $6-11M, bookings $27M, backlog $23M
Bookings of $27M since mid-Dec 2023; Q1 bookings $17M, backlog $23M at quarter end.
Velo3D makes $11M debt payments, issues 21.9M warrants to High Trail investors
Cash payment of $5.5M on Apr 1 to redeem ~$4.2M principal plus accrued interest.
Q4 revenue $1.8M, down 92% sequentially; FY2023 revenue $77.6M vs $80.8M prior year.
Velo3D increases ATM equity offering capacity from $40M to $75M
As of Jan 31, 2024, company has sold shares for gross proceeds of $24.6M under existing ATM program.
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.
the Board was notified by each of Michael Idelchik and Bradley Kreger of their decisions to resign as directors of the Company
the Board was notified by each of Michael Idelchik and Bradley Kreger of their decisions to resign as directors of the Company
appointed each of Jason Lloyd and Kenneth Thieneman to serve as directors of the Board to fill the vacancies created by the resignations described below.
appointed each of Jason Lloyd and Kenneth Thieneman to serve as directors of the Board to fill the vacancies created by the resignations described below.
on December 24, 2025 the Board of Directors of the Company (the “Board”) appointed Arun Jeldi to serve as Chief Executive Officer of the Company.
On September 26, 2024 (the “Appointment Date”), the Board formally appointed Darryl C. Porter as an independent director (“Independent Director”) of the Company to fill the newly created vacancy, effective immediately.
appointment of Bradley Kreger as the Company’s Chief Executive Officer
On and effective as of June 14, 2024, Velo3D, Inc. (the “Company”) formally appointed Bradley Kreger, a Class III Director of the Company and the Company’s Interim Chief Executive Officer, as the Company’s Chief Executive Officer.
On April 20, 2024, the Company and Hull Xu entered into an Offer Letter (the “Offer Letter”), dated as of April 19, 2024, providing for the employment of Mr. Xu as the Company’s Chief Financial Officer and principal financial officer.
On April 17, 2024, Bernard Chung, Acting Chief Financial Officer of the Company, notified the Company of his intention to resign effective April 29, 2024.
On April 16, 2024, Velo3D, Inc. (the “Company”) and Renette Youssef, the Company’s Chief Marketing Officer, mutually agreed that Ms. Youssef would separate from the Company, effective as of April 19, 2024.
Max materiality 0.90 · Median 0.70 · Most common event other_material