Velo3D cuts outstanding debt 60% to about USD 10 million

Reuters03-11

Velo3D said its CEO acquired a USD 5 million promissory note from an existing debt holder and converted it into common shares at USD 16.38 per share. A director also converted a USD 10 million promissory note at USD 10.5 per share under the note’s terms. The company said total outstanding debt fell 60% to about USD 10 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Velo3D Inc. published the original content used to generate this news brief on March 11, 2026, and is solely responsible for the information contained therein.

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