Business
Velo3D, Inc. Announces Pricing of $50 Million Underwritten Registered Direct Offering of Common Stock
Velo3D, Inc. ("Velo" or the "Company"), an industry leading metal additive manufacturing company, today announced the pricing of a firm commitment underwritten registered direct offering of 3,571,428 shares of its common stock at a price of $14.00 per share (the "Offering"), before deducting underwriting discounts and commissions and offering expenses, for gross proceeds of approximately $50 million. All of the shares of common stock to be sold in the Offering will be sold by the Company.
About this update from Velo3d, Inc.
[{"type":"text","content":"FREMONT, Calif., April 27, 2026 /PRNewswire/ -- Velo3D, Inc. ("Velo" or the "Company"), an industry leading metal additive manufacturing company, today announced the pricing of a firm commitment underwritten registered direct offering of 3,571,428 shares of its common stock at a price of $14.00 per share (the "Offering"), before deducting underwriting discounts and commissions and offering expenses, for gross proceeds of approximately $50 million. All of the shares of common stock to be sold in the Offering will be sold by the Company.","length":571,"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/WCD8bBVEWDAhc8z6UXMM4A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTExNQ--/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":"Cantor is acting as the sole book-running manager for the Offering.","length":67,"tagName":"p"},{"type":"text","content":"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 from the Offering for working capital and general corporate purposes.","length":216,"tagName":"p"},{"type":"text","content":"The securities described above are being offered pursuant to an effective shelf registration statement on Form S-3 (File No. 333-294876), including a base prospectus, initially filed with the U.S. Securities and Exchange Commission (the "SEC") on April 3, 2026, and declared effective by the SEC on April 8, 2026. A prospectus supplement describing the terms of the Offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Copies of the prospectus supplement and the accompanying base prospectus, when available, may be obtained from Cantor Fitzgerald & Co., at Attention: Capital Markets, 110 East 59th Street, 6th Floor, New York,...