Why Metal 3D Printing Technology Company Velo3D Shares Are Tumbling Today
Why Metal 3D Printing Technology Company Velo3D Shares Are Tumbling Today
Velo3D, Inc. (NYSE:VLD) shares are tumbling after the company announced the pricing of a $12 million public offering.
Velo3D, Inc.（紐約證券交易所代碼：VLD）宣佈了1200萬美元公開募股的定價後，股價暴跌。
The company disclosed the pricing of its previously announced public offering of 34.28 million shares of common stock and warrants to purchase up to 34.28 million shares of common shares.
該公司披露了其先前宣佈的3,428萬股普通股的公開發行和認股權證的定價，以購買多達3428萬股普通股。
The company sold the securities to new and existing institutional investors at an offering price of $0.35 per share and accompanying warrant for gross proceeds of around $12 million (before deducting placement agent fees and other offering expenses).
該公司以每股0.35美元的發行價向新的和現有的機構投資者出售了這些證券，並附有認股權證，總收益約爲1200萬美元（扣除配售代理費和其他發行費用前）。
The warrants are immediately exercisable at a price of $0.35 per share and will expire five years following the date of issuance.
認股權證可立即以每股0.35美元的價格行使，並將於發行之日起五年後到期。
The company expects the offering to close on or about April 12, 2024, subject to the satisfaction of customary closing conditions.
該公司預計，此次發行將在2024年4月12日左右結束，但須滿足慣例成交條件。
Velo3D plans to use the net proceeds from the sale to mainly fund working capital and capital expenditures and repay the senior secured notes due 2026.
Velo3D計劃將出售的淨收益主要用於爲營運資金和資本支出提供資金，並償還2026年到期的優先有擔保票據。
As of December 31, 2023, the company had cash and investments of $31 million.
截至2023年12月31日，該公司的現金和投資爲3,100萬美元。
Investors can gain exposure to the stock via 3D Printing (The) ETF (BATS:PRNT) and ARK Space Exploration & Innovation ETF (BATS:ARKX).
投資者可以通過3D打印（The）ETF（BATS: PRNT）和方舟太空探索與創新ETF（BATS: ARKX）獲得股票敞口。
Price Action: VLD shares are down 40.14% at $0.2781 on the last check Wednesday.
價格走勢：在週三的最後一次支票中，VLD股價下跌40.14％，至0.2781美元。
譯文內容由第三人軟體翻譯。