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0 0 0 0 0.00483091787439614 0.0202898550724637 0.0476650563607085 0.0244766505636071
Stock impact report

Velo3D Announces Closing of $12 Million Public Offering

Velo3D, Inc. (VLD) 
Company Research Source: Business Wire
FREMONT, Calif.--(BUSINESS WIRE)--Velo3D, Inc. (NYSE: VLD) (the “Company”), a leading additive manufacturing technology company for mission-critical metal parts, today announced the closing of its previously announced “reasonable best efforts” public offering of 34,285,715 shares of common stock and warrants to purchase up to 34,285,715 shares of common stock 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.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. 333-2268346) previously filed with the U.S. Securities and Exchange Commission (the “SEC” Show less Read more
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