Velo3D, Inc. entered into an underwriting agreement with Cantor Fitzgerald & Co. for a registered direct offering. The offering consists of 3,571,428 shares of common stock priced at $14.00 per share. Gross proceeds are expected to be approximately $50 million before underwriting discounts and offering expenses. The offering is expected to close on or about April 28, 2026, subject to customary closing conditions. The company intends to use the net proceeds for working capital and general corporate purposes.