On April 1, 2024, Velo3D, Inc. entered into a second note amendment, dated as of March 31, 2024 (the ?Second Note Amendment?), to its senior secured notes due 2026 (as amended, the ?Notes?) with High Trail Investments ON LLC and an affiliated institutional investor (the ?Investors?) and U.S. Bank Trust Company, National Association, as trustee. Pursuant to the Second Note Amendment, the Company agreed to (A) make a cash payment of $5.5 million on April 1, 2024 to redeem approximately $4.2 million of aggregate principal amount of the Notes, together with accrued and unpaid interest, and (B) a cash payment of $5.5 million on April 15, 2024 to repay approximately $4.6 million of principal of the Notes, together with accrued and unpaid interest.
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5-day change | 1st Jan Change | ||
0.24 USD | +4.08% | +7.82% | -39.64% |
05-15 | Transcript : Velo3D, Inc., Q1 2024 Earnings Call, May 15, 2024 | |
05-15 | Velo3D, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
1st Jan change | Capi. | |
---|---|---|
-39.64% | 71.07M | |
-24.19% | 1.36B | |
-32.00% | 677M | |
-40.16% | 508M | |
-16.82% | 206M | |
-37.30% | 103M |
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