Velo3d, INC 8-K filings

Velo3D anticipates a significant revenue reduction for the quarter ended September 30, 2024, and has delayed its quarterly report due to financial challenges.

Velo3D is reducing its workforce by approximately 32% and has commenced trading on the OTCQX Best Market.

Velo3D has increased its board size to ten members with the appointment of Darryl C. Porter as an independent director, effective immediately.

Velo3D has entered into an agreement with SpaceX, licensing its additive manufacturing technology for $5 million and securing an additional $3 million for support services, while also obtaining consent from noteholders to proceed with the deal.

Velo3D's common stock and warrants will begin trading on the OTCQX Best Market after being delisted from the New York Stock Exchange due to failing to meet minimum market capitalization requirements.

Velo3D reports Q2 2024 financial results, highlighting a focus on strategic realignment, cost reduction programs, and ongoing challenges in the industry.

Velo3D has entered into a warrant inducement agreement, reducing the exercise price of existing warrants and issuing new warrants, potentially raising $1.62 million.

Velo3D plans to reduce its global workforce by approximately 30%, affecting 63 employees, to streamline operations and reduce costs.

Velo3D received a notice from the NYSE for non-compliance with listing standards due to a low market capitalization and stockholders' deficit.

Velo3D has amended its previous 8-K filing to include details of the compensation modifications for newly appointed CEO Bradley Kreger, effective June 14, 2024.

Velo3D has entered into a third amendment to its senior secured notes, deferring a $10.5 million payment and issuing warrants to note holders.

Velo3D has formally appointed Bradley Kreger as its permanent CEO, recognizing his success in strategic realignment and driving business momentum over the past six months.

Velo3D has enacted a 1-for-35 reverse stock split to boost its share price and maintain its listing on the New York Stock Exchange.

Velo3D announced its Q1 2024 financial results, highlighting a 50% increase in orders from existing customers, a 30% reduction in operating expenses year-over-year, and a positive outlook for Q2 revenue growth.

Velo3D has appointed Hull Xu as its new Chief Financial Officer and Michelle Sidwell as Chief Commercial Officer, while also announcing the departure of the Chief Marketing Officer and acting CFO.

Velo3D, a metal 3D printing technology company, has priced a public offering of common stock and warrants, expected to generate approximately $12 million in gross proceeds.

Velo3D reports $27 million in new bookings since mid-December, including a significant order from Mears Machine for two Sapphire XC systems, and provides preliminary Q1 2024 financial estimates.

Velo3D has amended its senior secured notes due 2026, making cash payments to reduce the principal and issuing warrants to purchase common stock to investors.

Velo3D reports its fourth quarter and full year 2023 financial results, highlighting strategic realignment efforts and a focus on customer success.

Velo3D has increased the potential value of its share offering through Needham & Company to $75 million, up from an initial $40 million.

Velo3D has appointed its Interim CEO, Brad Kreger, to the Board of Directors, effective January 26, 2024.