OTC Markets Group Welcomes Velo3D, Inc. to OTCQX

Rhea-AI Summary

Velo3D, a manufacturer of metal additive 3D printers, has upgraded its trading status by qualifying for the OTCQX Best Market from the Pink market. The company will trade under the symbol "VLDX" on the OTCQX platform operated by OTC Markets Group.

This upgrade represents a significant milestone for Velo3D, demonstrating their commitment to high financial standards, strong corporate governance, and securities law compliance. U.S. investors can now access the company's financial disclosures and Real-Time Level 2 quotes through otcmarkets.com.

The OTCQX Market offers investors a premium U.S. public market for researching and trading shares of investor-focused companies. Velo3D CEO Arun Jeldi expressed commitment to maintaining transparent and timely disclosures while executing strategic plans.

Positive

• Upgraded from Pink to OTCQX Best Market, indicating higher financial and governance standards
• Met high financial standards required for OTCQX qualification
• Enhanced visibility to U.S. investors through premium market access
• Real-Time Level 2 quotes now available for investors

Negative

• Downgrade from previous major exchange listing to OTC markets
• May indicate reduced trading volume and institutional investor access
• Potential decrease in stock liquidity compared to major exchange listing

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Velo3D, Inc. (OTCQX: VLDX), which produces metal additive three dimensional printers in the United States and internationally, has qualified to trade on the OTCQX® Best Market. Velo3D, Inc. upgraded to OTCQX from the Pink® market.

Velo3D, Inc. begins trading today on OTCQX under the symbol “VLDX.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

“We are pleased to return to the OTCQX Best Market. Velo3D commits to continue providing transparent and timely disclosures to the investment public as we execute on our strategic plans,” said Arun Jeldi, CEO of Velo3D.

About Velo3D, Inc.
Velo3D, Inc. produces metal additive three dimensional printers in the United States and internationally. The company's printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other high value metal parts, which it sells or leases to customers for use in their businesses. It also offers Flow, a proprietary software platform, which scans part designs for geometrical features; Sapphire and Sapphire XC printers; Assure, a quality control software platform that includes process metrologies; and Intelligent Fusion, an underlying manufacturing process that unifies and manages the information flow, sensor data, and the advanced printing technology for precision control of the entire print. In addition, the company provides support services. Its customers range from small- and medium-sized enterprises to Fortune 500 companies in the space, aviation, defense, automotive, energy, and industrial markets.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX^® Best Market, OTCQB^® Venture Market and Pink^® Open Market.

Our OTC Link^® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS^TM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

FAQ

What does Velo3D's upgrade to OTCQX from Pink market mean for investors?

The upgrade to OTCQX Best Market means investors get access to better transparency, financial standards, and corporate governance. It provides enhanced visibility and a premium U.S. public market for trading Velo3D (VLDX) shares with Real-Time Level 2 quotes available on otcmarkets.com.

When did Velo3D start trading on OTCQX under symbol VLDX?

Velo3D began trading on the OTCQX Best Market on April 30, 2025, under the symbol VLDX, upgrading from the Pink market.

What are the requirements for companies to trade on OTCQX Best Market?

Companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws to qualify for trading on the OTCQX Best Market.

How many securities does OTC Markets Group (OTCM) manage on its platforms?

OTC Markets Group operates regulated markets for trading 12,000 U.S. and international securities.

What benefits does OTCQX provide compared to the Pink market?

OTCQX provides a premium U.S. public market with enhanced research capabilities, better visibility among U.S. investors, and requires companies to maintain higher financial standards and corporate governance practices.