Velo3D, Inc. (Velo3D), a leading metal additive manufacturing technology company, has announced the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) for its upcoming 2024 Annual Meeting of Stockholders. The meeting is scheduled to be held virtually on June 10, 2024. The company has invited stockholders to attend the meeting, which will include the election of three Class III directors, approval of a reverse stock split, and other business matters. The reverse stock split aims to increase the per-share market price of Velo3D's common stock to comply with the New York Stock Exchange's minimum price requirements and to enhance the number of authorized unissued shares for future use. The proxy statement also includes proposals for the...Show More

Velo3D, Inc. (Velo3D), a leading metal additive manufacturing technology company, has announced the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) for its upcoming 2024 Annual Meeting of Stockholders. The meeting is scheduled to be held virtually on June 10, 2024. The company has invited stockholders to attend the meeting, which will include the election of three Class III directors, approval of a reverse stock split, and other business matters. The reverse stock split aims to increase the per-share market price of Velo3D's common stock to comply with the New York Stock Exchange's minimum price requirements and to enhance the number of authorized unissued shares for future use. The proxy statement also includes proposals for the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, and the approval of common stock issuance related to the company's senior secured convertible notes and warrants. The company's Board of Directors has recommended voting in favor of all proposals. The proxy materials are available on Velo3D's investor relations website.