Velo3D Signs Multiple Material Agreements

Velo3D announced a private placement supported by two material agreements. The company signed a Securities Purchase Agreement with institutional accredited investors to sell 3,636,363 common shares at $8.25 per share, including resale registration rights and post-effectiveness issuance and variable rate restrictions. Velo3D also executed an Engagement Letter with Lake Street Capital Markets and Lucid Capital Markets as placement agents, agreeing to a 6.0% cash fee and $64,000 in expenses. The offering closed on December 23, 2025, bolstering the company's liquidity.Agreement 1: Velo3D Signs Securities Purchase Agreement With Institutional Accredited InvestorsAgreement type: Securities purchase agreement for private placement of common stockCounterparty: Institutional Accredited InvestorsSigned / Effective: Dec 22 2025 / Dec 23 2025Duration / Termination: One-time transactionReason: Raise capital and enhance liquidityAgreement 2: Velo3D Signs Placement Agent Engagement Letter With Lake Street Capital Markets and Lucid Capital MarketsAgreement type: Placement agent engagement letter for private placementCounterparty: Lake Street Capital Markets and Lucid Capital MarketsSigned / Effective: Dec 18 2025 / Dec 18 2025Duration / Termination: Through closing of the private placementReason: Engage agents to execute the offeringOriginal SEC Filing: Velo3D, Inc. [ VELO ] - 8-K - Dec. 23, 2025DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.