Why Metal 3D Printing Technology Company Velo3D Shares Are Tumbling Today
Why Metal 3D Printing Technology Company Velo3D Shares Are Tumbling Today
Velo3D, Inc. (NYSE:VLD) shares are tumbling after the company announced the pricing of a $12 million public offering.
Velo3D, Inc.（纽约证券交易所代码：VLD）宣布了1200万美元公开募股的定价后，股价暴跌。
The company disclosed the pricing of its previously announced public offering of 34.28 million shares of common stock and warrants to purchase up to 34.28 million shares of common shares.
该公司披露了其先前宣布的3,428万股普通股的公开发行和认股权证的定价，以购买多达3428万股普通股。
The company sold the securities to new and existing institutional investors at an offering price of $0.35 per share and accompanying warrant for gross proceeds of around $12 million (before deducting placement agent fees and other offering expenses).
该公司以每股0.35美元的发行价向新的和现有的机构投资者出售了这些证券，并附有认股权证，总收益约为1200万美元（扣除配售代理费和其他发行费用前）。
The warrants are immediately exercisable at a price of $0.35 per share and will expire five years following the date of issuance.
认股权证可立即以每股0.35美元的价格行使，并将于发行之日起五年后到期。
The company expects the offering to close on or about April 12, 2024, subject to the satisfaction of customary closing conditions.
该公司预计，此次发行将在2024年4月12日左右结束，但须满足惯例成交条件。
Velo3D plans to use the net proceeds from the sale to mainly fund working capital and capital expenditures and repay the senior secured notes due 2026.
Velo3D计划将出售的净收益主要用于为营运资金和资本支出提供资金，并偿还2026年到期的优先有担保票据。
As of December 31, 2023, the company had cash and investments of $31 million.
截至2023年12月31日，该公司的现金和投资为3,100万美元。
Investors can gain exposure to the stock via 3D Printing (The) ETF (BATS:PRNT) and ARK Space Exploration & Innovation ETF (BATS:ARKX).
投资者可以通过3D打印（The）ETF（BATS: PRNT）和方舟太空探索与创新ETF（BATS: ARKX）获得股票敞口。
Price Action: VLD shares are down 40.14% at $0.2781 on the last check Wednesday.
价格走势：在周三的最后一次支票中，VLD股价下跌40.14％，至0.2781美元。