VLD

Velo3D to Announce First-Quarter Results on May 15, 2024

Retrieved on: 
Dienstag, Mai 7, 2024

Velo3D, Inc. (NYSE: VLD) — a leading additive manufacturing technology company for mission-critical metal parts, announced today that it will release its first quarter 2024 financial results after the market close on Wednesday, May 15, 2024.

Key Points: 
  • Velo3D, Inc. (NYSE: VLD) — a leading additive manufacturing technology company for mission-critical metal parts, announced today that it will release its first quarter 2024 financial results after the market close on Wednesday, May 15, 2024.
  • The company will host an earnings conference call and webcast to discuss its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day.
  • The U.S. dial-in for the call is (877) 704-2771 and (201) 689-8732 for non-U.S. callers.
  • Please ask to be joined to the Velo3D call.

Velo3D, Inc. Announces Executive Leadership Changes

Retrieved on: 
Montag, April 22, 2024

He will be responsible for the Company’s finance, accounting, treasury, corporate development, and investor relations activities.

Key Points: 
  • He will be responsible for the Company’s finance, accounting, treasury, corporate development, and investor relations activities.
  • Mr. Xu holds an M.B.A. from the Haas School of Business at the University of California, Berkeley, an M.S.
  • The company also announced that Renette Youssef, Chief Marketing Officer, will be leaving the company to pursue other opportunities.
  • Finally, we are continuing to execute on our cost realignment programs to improve margins and cash flow.”

Velo3D Announces Closing of $12 Million Public Offering

Retrieved on: 
Freitag, April 12, 2024

The warrants are immediately exercisable at an exercise price of $0.35 per share and expire five years after the date of issuance.

Key Points: 
  • The warrants are immediately exercisable at an exercise price of $0.35 per share and expire five years after the date of issuance.
  • A.G.P./Alliance Global Partners acted as the sole placement agent for the offering on a reasonable best-efforts basis.
  • This offering was being made pursuant to an effective shelf registration statement on Form S-3 (File No.
  • The final prospectus supplement and accompanying prospectus were filed with the SEC and are available on the SEC’s website located at http://www.sec.gov .

Nancy Krystal Joins Velo3D as Vice President, General Counsel

Retrieved on: 
Donnerstag, April 11, 2024

Velo3D , Inc. ( NYSE: VLD ), a leading additive manufacturing technology company for mission-critical metal parts, today announced the appointment of Nancy Krystal as Vice President, General Counsel to oversee all legal matters for the company.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), a leading additive manufacturing technology company for mission-critical metal parts, today announced the appointment of Nancy Krystal as Vice President, General Counsel to oversee all legal matters for the company.
  • With over 16 dynamic years of experience in corporate law, Nancy brings a wealth of experience in navigating complex legal landscapes and spearheading pivotal deals to her new role at Velo3D.
  • View the full release here: https://www.businesswire.com/news/home/20240411950967/en/
    With over 16 dynamic years in corporate law, Nancy has navigated the legal landscape with finesse, spearheading pivotal deals and ensuring compliance at every turn.
  • As General Counsel of Jelly Belly Candy Company, she orchestrated the historic sale of the company, showcasing her strategic acumen and leadership.

Velo3D Announces Pricing of $12 Million Public Offering

Retrieved on: 
Mittwoch, April 10, 2024

The securities were sold to new and existing institutional investors at an offering price of $0.35 per share and accompanying warrant for aggregate gross proceeds of approximately $12 million, before deducting placement agent fees and other offering expenses.

Key Points: 
  • The securities were sold to new and existing institutional investors at an offering price of $0.35 per share and accompanying warrant for aggregate gross proceeds of approximately $12 million, before deducting placement agent fees and other offering expenses.
  • The warrants are immediately exercisable at an exercise price of $0.35 per share and expire five years after the date of issuance.
  • The closing of the offering is expected to occur on or about April 12, 2024, subject to the satisfaction of customary closing conditions.
  • A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering on a reasonable best-efforts basis.

Velo3D Announces Proposed Public Offering

Retrieved on: 
Dienstag, April 9, 2024

All of the securities to be sold in the offering are to be offered by Velo3D, Inc.

Key Points: 
  • All of the securities to be sold in the offering are to be offered by Velo3D, Inc.
  • The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
  • The offering will be made only by means of a prospectus supplement and accompanying base prospectus.
  • The preliminary prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov .

Velo3D Announces Bookings Totaling $27 Million Since Mid-December – Backlog Now Totals $23 Million

Retrieved on: 
Donnerstag, April 4, 2024

Velo3D , Inc. ( NYSE: VLD ), a leading additive manufacturing technology company for mission-critical metal parts, today announced it has received purchase orders totaling $27 million since mid-December 2023.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), a leading additive manufacturing technology company for mission-critical metal parts, today announced it has received purchase orders totaling $27 million since mid-December 2023.
  • The company ended the first quarter of 2024 with bookings of $17 million and the company’s backlog at the end of the first quarter was $23 million, with system deliveries expected to start in the second quarter of 2024.
  • The company expects to start shipping these orders in the early part of the second quarter of 2024.
  • Operating expenses, excluding one-time charges and stock-based compensation expense, will be in the range of $13 million to $18 million.

Velo3D to Announce Fourth-Quarter and Fiscal Year 2023 Results on March 26, 2024

Retrieved on: 
Dienstag, März 12, 2024

Velo3D, Inc. (NYSE: VLD) — a leading additive manufacturing technology company for mission-critical metal parts, announced today that it will release its fourth quarter and fiscal year 2023 financial results after the market close on Tuesday, March 26, 2024.

Key Points: 
  • Velo3D, Inc. (NYSE: VLD) — a leading additive manufacturing technology company for mission-critical metal parts, announced today that it will release its fourth quarter and fiscal year 2023 financial results after the market close on Tuesday, March 26, 2024.
  • The company will host an earnings conference call and webcast to discuss its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day.
  • The U.S. dial-in for the call is (877) 704-2771 and (201) 689-8732 for non-U.S. callers.
  • Please ask to be joined to the Velo3D call.

Bechtel Plant Machinery Inc. Selects Velo3D's Metal Additive Manufacturing Solution To Revolutionize the Supply Chain for the U.S. Navy

Retrieved on: 
Donnerstag, März 7, 2024

Velo3D , Inc. ( NYSE: VLD ), today announced Bechtel Plant Machinery Inc. (BPMI) has selected a fully integrated metal additive manufacturing solution from the company to produce parts for the U.S.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), today announced Bechtel Plant Machinery Inc. (BPMI) has selected a fully integrated metal additive manufacturing solution from the company to produce parts for the U.S.
  • Earlier this year, BPMI awarded a contract to ATI to support development of highly engineered part solutions for advanced manufacturing methods including metal additive manufacturing.
  • The partners will use the printer to produce parts previously produced through casting, reducing lead times for mission critical parts, and streamlining their supply chain.
  • Additive manufacturing accomplishes this by enabling distributed supply chains and digital inventories where manufacturers can produce parts within spec across any similar printer calibrated for the same metal alloy.

Velo3D Unlocks Freedom in Metal 3D Printing With Flow Developer

Retrieved on: 
Mittwoch, Februar 28, 2024

Velo3D , Inc. ( NYSE: VLD ), a leading additive manufacturing technology company for mission-critical metal parts, today announced the release of Developer , a new offering made available in the company’s Flow print preparation software that unlocks full transparency and control of the parameters used in the 3D printing process.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), a leading additive manufacturing technology company for mission-critical metal parts, today announced the release of Developer , a new offering made available in the company’s Flow print preparation software that unlocks full transparency and control of the parameters used in the 3D printing process.
  • View the full release here: https://www.businesswire.com/news/home/20240228041656/en/
    A computer screen showing a user creating parameter sets for a heat exchanger with Flow Developer.
  • Developer grants editor-level access to print parameters, giving companies maximum flexibility and control when working with their Velo3D additive manufacturing solution.
  • Visit the Flow Developer page on the Velo3D website to download the product brief or learn more about the product.