Velo3D announces offering of common stock, warrants, no amount given

Velo3D announced that it intends to offer and sell shares of its common stock and warrants to purchase shares of its common stock in a “reasonable best efforts” public offering. The company shall use the net proceeds from the sale of the securities primarily for funding working capital and capital expenditures and other general corporate purposes, including repayment of the company’s senior secured notes due 2026 and other permitted indebtedness. A.G.P./Alliance Global Partners is acting as sole placement agent for the offering on a reasonable best-efforts basis.