Velo3D Announces Intention to File a Shelf Registration Statement
November 08 2022 - 4:10PM
Business Wire
Velo3D, Inc. (NYSE: VLD) today announced that it intends to file
a universal shelf registration statement on Form S-3 with the
Securities and Exchange Commission. Velo3D anticipates that it will
file such registration statement within the next 10 days.
Velo3D has no immediate intention to conduct an offering of
securities registered pursuant to the registration statement. The
Company believes it is prudent to file the shelf registration
statement as a matter of common corporate practice upon passing its
one year anniversary as a public company and becoming Form S-3
eligible. The registration statement will provide greater
flexibility to access the capital markets in the future, if
circumstances arise that would make the sale of securities
advantageous to the Company and its stockholders. The Company is
not required to offer or sell securities in the future under the
shelf registration statement.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities. Any offers,
solicitations of offers to buy, or any sales of securities will be
made in accordance with the registration requirements of the
Securities Act of 1933, as amended.
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, the
company’s 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
“Risk Factors” section of the company’s Annual Report on Form 10-K
for the fiscal year ended December 31, 2021 (the “FY 2021 10-K”),
which was filed by the company with the SEC on March 28, 2022 and
the other documents filed by the company from time to time with the
SEC. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20221108005889/en/
Investor Relations: Velo3D Bob Okunski, VP Investor Relations
investors@velo3d.com
Media Contact: Velo3D Dan Sorensen, Senior Director of PR
dan.sorensen@velo3d.com
Velo3D (NYSE:VLD)
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