Jaws Spitfire Acquisition Corporation Fixes the Size of the Board At Five Directors and Appoints Serena J. Williams to Serve as Class II Director
January 04, 2021 at 01:37 pm
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The Board of Directors of Jaws Spitfire Acquisition Corporation fixed the size of the Board at five directors and appointed Serena J. Williams to serve as a Class II director. The Board also appointed Ms. Williams to serve as a member of the Board’s Audit Committee and Nominating Committee. The Board has determined that Ms. Williams is an independent director under applicable Securities and Exchange Commission and New York Stock Exchange rules. On December 22, 2020, Ms. Williams executed a joinder agreement pursuant to which she became party to the Letter Agreement, dated December 2, 2020, among the Company, the Sponsor and each of the directors, officers and other initial stockholders of the Company. Ms. Williams also entered into an indemnification agreement, pursuant to which the Company has agreed to indemnify her against certain claims that may arise in connection with her service as directors of the Company. The Company will reimburse Ms. Williams for reasonable out-of-pocket expenses related to identifying, investigating and completing an initial business combination.
Velo3D, Inc. is a metal three-dimensional (3D) printing technology company. The Company produces a fully integrated hardware and software solution based on its laser powder bed fusion (L-PBF) technology. Its technology enables the production of complex, mission-critical parts that existing additive manufacturing (AM) solutions cannot produce without the need for redesign or additional assembly. Its Sapphire family of systems (3D Printers) give its customers who are in space, aviation, defense, automotive, energy and industrial markets the freedom to design and produce metal parts with complex internal features. Its end-to-end solution includes the flow print preparation software, the Sapphire family of printers, and the Assure quality control system, all of which are powered by its Intelligent Fusion manufacturing process. Its customers are primarily original equipment manufacturers and contract manufacturers who look to AM to solve issues with metal parts manufacturing technologies.
VELO3D, INC. 
