Business
Velo3D Announces $30 Million Private Placement of Common Stock
Velo3D, Inc. (NASDAQ: VELO), a leading additive manufacturing technology company for mission-critical metal parts (the "Company"), today announced that it has entered into a securities purchase agreement with two fundamental institutional investors to raise $30 million of gross proceeds via a private investment in public equity ("PIPE") transaction. The Company intends to use the net proceeds from the offering for general corporate purposes and capital expenditures to meet growing demand for its
About this update from Velo3d, Inc.
[{"type":"text","content":"The offering is led by a $20 million investment from a new fundamental institutional investor with additional participation from a large existing institutional shareholder","length":171,"tagName":"p","attribs":{}},{"type":"text","content":"FREMONT, Calif., Dec. 22, 2025 /PRNewswire/ -- Velo3D, Inc. (NASDAQ: VELO), a leading additive manufacturing technology company for mission-critical metal parts (the "Company"), today announced that it has entered into a securities purchase agreement with two fundamental institutional investors to raise $30 million of gross proceeds via a private investment in public equity ("PIPE") transaction. The Company intends to use the net proceeds from the offering for general corporate purposes and capital expenditures to meet growing demand for its offerings, including Rapid Production Services (RPS) serving the space and defense sectors.","length":659,"tagName":"p"},{"type":"image","alt":"Velo3D Logo (PRNewsfoto/Velo3D, Inc.)","displaySize":"","headline":null,"caption":"Velo3D Logo (PRNewsfoto/Velo3D, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":65,"url":"https://media.zenfs.com/en/prnewswire.com/7920dc54fe7d3be6fb2863efb6411449"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/PCb6xp3WcXHxKKuOVsrnDA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTExNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7920dc54fe7d3be6fb2863efb6411449","width":400,"height":65}},"href":"https://mma.prnewswire.com/media/2597185/Velo3D_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under the terms of the securities purchase agreement, the Company will issue, for an aggregate purchase price of $30 million, a total of approximately 3.6 million shares of common stock, par value $0.00001 of the Company, at a price of $8.25 per share. The closing of the PIPE is subject to customary closing conditions for a financing of this nature and is expected to close on or about December 23, 2025.","length":406,"tagName":"p"},{"type":"text","content":""We believe securing this capital from a new fundamental institutional investor and a large existing institutional shareholder is a powerful endorsement of Velo's trajectory and the critical role we play in the modern space and defense landscape," said Arun Jeldi, CEO of Velo. "As the...