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Velo3D Announces Debt for Equity Exchange Transaction Significantly Delevers Balance Sheet Arrayed Notes Acquisition Corp to Become Majority Equity Holder of Velo3D

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Dec 24, 2024, 5:00 AM PST

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81.7% of the outstanding senior secured notes to be cancelled Velo3D Board of Directors Unanimously Approved the Transaction Velo3D to remain a public Company and continue to serve its customers FREMONT, Calif., Dec. 24, 2024 /PRNewswire/ — Velo3D, Inc. (OTCQX: VLDX) (“Velo3D” or the…