Velo3D Announces $30 Million Private Placement of Common Stock

Rhea-AI Summary

Velo3D (NASDAQ: VELO) announced a $30 million private placement of common stock via a PIPE with two fundamental institutional investors led by a $20 million investment from a new institutional investor and participation from a large existing institutional shareholder.

The company will issue approximately 3.6 million shares at $8.25 per share. Net proceeds are intended for general corporate purposes and capital expenditures, including scaling Rapid Production Services (RPS) for the space and defense sectors. The PIPE is expected to close on or about December 23, 2025, subject to customary closing conditions. Lake Street Capital Markets and Lucid Capital Markets are placement agents.

Positive

• $30M gross proceeds raised via PIPE
• $20M from a new fundamental institutional investor
• Proceeds targeted to scale RPS for space and defense

Negative

• Issuance of approximately 3.6M shares may dilute existing shareholders
• Financing closing subject to customary conditions; not guaranteed to close

Key Figures

PIPE gross proceeds $30 million Private placement of common stock

Lead investment $20 million From new fundamental institutional investor

Shares issued ≈3.6 million shares Common stock in PIPE transaction

Offering price $8.25 per share PIPE common stock pricing

Par value $0.00001 per share Common stock par value

Expected closing date On or about December 23, 2025 Closing of PIPE, subject to conditions

Market Reality Check

$15.54 Last Close

Volume Volume 1,593,940 is 1.29x the 20‑day average of 1,237,057, indicating elevated trading ahead of the PIPE. normal

Technical Shares at $10.83 are trading above the 200‑day MA ($7.81), despite a -5.41% move over the last 24 hours.

Peers on Argus 1 Up

VELO declined -5.41% while key peers like UAVS, ALOT, YIBO, QMCO, and OSS showed modest gains, indicating today’s move is company‑specific rather than sector‑driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 10	Earnings and uplisting	Positive	+4.0%	3Q2025 results, Nasdaq uplisting, equity raise and guidance reaffirmation.
Oct 31	Earnings announcement	Neutral	+11.2%	Scheduled date and call details for 3Q2025 earnings release.
Oct 27	Investor conference	Positive	+24.1%	Defense‑focused virtual investor presentation highlighting strategic role.
Oct 15	Defense partnership	Positive	-3.5%	Expanded additive manufacturing partnership with iRocket for defense uses.
Oct 01	Technology integration	Positive	+9.4%	Integration with Dyndrite software to enhance toolpath control and R&D.

Pattern Detected

Recent VELO news has usually seen positive price reactions, with only one negative move following otherwise constructive partnership news.

Recent Company History

Over the past few months, Velo3D has reported 3Q2025 revenue of $13.6M, completed a Nasdaq uplisting with a ~$17.5M offering, and reaffirmed $50M–$60M 2025 revenue guidance. Strategic initiatives included defense‑focused partnerships, integration with Dyndrite’s LPBF Pro, and investor conference presentations. These events often produced positive one‑day reactions, framing today’s PIPE financing as another capital‑raising step following prior equity issuance.

Market Pulse Summary

The stock surged +44.0% in the session following this news. A strong positive reaction aligns with recent patterns where VELO often moved higher on capital markets and strategic updates. This PIPE added $30 million in gross proceeds at $8.25 per share, building on November’s uplisting and prior equity raise. Investors would have weighed added capital for RPS growth against dilution, while monitoring execution in space and defense end‑markets.

Key Terms

private investment in public equity financial

"to raise $30 million of gross proceeds via a private investment in public equity"

Private investment in public equity occurs when investors buy shares directly from a company that is publicly traded, often at an early stage or at a discount, instead of purchasing them on the open market. This allows investors to acquire a stake more quickly and with potentially better terms, which can influence the company's future growth and stability—making it an important option for those seeking to support or benefit from a company's development.

PIPE financial

"via a private investment in public equity ("PIPE") transaction."

A "pipe" is a planned series of financial transactions or projects that companies intend to carry out over time, often involving the raising of funds or development of new assets. It matters to investors because it provides a clear picture of a company's future growth plans and potential revenue, helping them assess the company's upcoming opportunities and overall stability. Think of it as a detailed roadmap guiding a company's future steps.

securities purchase agreement financial

"announced that it has entered into a securities purchase agreement with two"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

AI-generated analysis. Not financial advice.

The offering is led by a $20 million investment from a new fundamental institutional investor with additional participation from a large existing institutional shareholder

FREMONT, Calif., Dec. 22, 2025 /PRNewswire/ -- Velo3D, Inc. (NASDAQ: VELO), a leading additive manufacturing technology company for mission-critical metal parts (the "Company"), today announced that it has entered into a securities purchase agreement with two fundamental institutional investors to raise $30 million of gross proceeds via a private investment in public equity ("PIPE") transaction. The Company intends to use the net proceeds from the offering for general corporate purposes and capital expenditures to meet growing demand for its offerings, including Rapid Production Services (RPS) serving the space and defense sectors.

Under the terms of the securities purchase agreement, the Company will issue, for an aggregate purchase price of $30 million, a total of approximately 3.6 million shares of common stock, par value $0.00001 of the Company, at a price of $8.25 per share. The closing of the PIPE is subject to customary closing conditions for a financing of this nature and is expected to close on or about December 23, 2025.

"We believe securing this capital from a new fundamental institutional investor and a large existing institutional shareholder is a powerful endorsement of Velo's trajectory and the critical role we play in the modern space and defense landscape," said Arun Jeldi, CEO of Velo. "As the defense and space sectors demand faster, more resilient supply chains, this investment empowers us to execute our strategic vision. We are eager to collaborate with our new partners as we scale our capabilities and deliver on the promise of next-generation manufacturing for our nation's most vital industries."

Lake Street Capital Markets and Lucid Capital Markets are acting as Placement Agents for the PIPE.

The shares of common stock being sold have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act), and may not be offered or sold in the United States absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with applicable exemptions therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Velo3D:

Velo3D is a metal 3D printing technology company. 3D printing—also known as additive manufacturing (AM)—has a unique ability to improve the way high-value metal parts are built. However, legacy metal AM has been greatly limited in its capabilities since its invention almost 30 years ago. This has prevented the technology from being used to create the most valuable and impactful parts, restricting its use to specific niches where the limitations were acceptable.

Velo3D has overcome these limitations so engineers can design and print the parts they want. The Company's solution unlocks a wide breadth of design freedom and enables customers in space exploration, aviation, power generation, energy, and semiconductor to innovate the future in their respective industries. Using Velo3D, these customers can now build mission-critical metal parts that were previously impossible to manufacture. The fully integrated solution includes the Flow print preparation software, the Sapphire® family of printers, and the Assure quality control system—all of which are powered by Velo3D's Intelligent Fusion® manufacturing process. The Company delivered its first Sapphire system in 2018 and has been a strategic partner to innovators such as SpaceX, Honeywell, Honda, Chromalloy, and Lam Research. Velo3D has been named as one of Fast Company's Most Innovative Companies for 2024. For more information, please visit Velo3D.com, or follow the company on LinkedIn or X.

Forward-Looking Statements:

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1996. The Company's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect", "estimate", "project", "budget", "forecast", "anticipate", "intend", "plan", "may", "will", "could", "should", "believes", "predicts", "potential", "continue", and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding the timing, size and expected gross proceeds of the PIPE, the satisfaction of customary closing conditions related to the PIPE and sale of securities, the Company's ability to complete the PIPE, and the Company's other expectations, hopes, beliefs, intentions, or strategies for the future. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. You should carefully consider the risks and uncertainties described in the documents filed by the Company from time to time with the United States Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Most of these factors are outside the Company's control and are difficult to predict. The Company cautions not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

VELO, VELO3D, SAPPHIRE and INTELLIGENT FUSION, are registered trademarks of Velo3D, Inc.; and WITHOUT COMPROMISE, FLOW and ASSURE are trademarks of Velo3D, Inc. All Rights Reserved © Velo3D, Inc.

All Rights Reserved © Velo3D, Inc.

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SOURCE Velo3D, Inc.

FAQ

How much is Velo3D (VELO) raising in the December 2025 PIPE?

Velo3D is raising $30 million in gross proceeds via a PIPE.

What price and how many shares is Velo3D issuing in the PIPE?

The company will issue approximately 3.6 million shares at $8.25 per share.

Who are the investors in Velo3D's $30M private placement?

Two fundamental institutional investors are participating, led by a $20 million new investor and a large existing institutional shareholder.

What will Velo3D use the PIPE proceeds for?

Net proceeds are for general corporate purposes and capital expenditures, including scaling Rapid Production Services for space and defense.

When is the Velo3D PIPE expected to close and who are the placement agents?

The PIPE is expected to close on or about December 23, 2025; Lake Street Capital Markets and Lucid Capital Markets are placement agents.