Velo3D, Inc. (VELO)
CIK 1825079 · all EDGAR filings →
Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.
Shares outstanding over time
Latest: 32.1M shares as of Aug 7, 2026 (10-Q). Share count fell from 296.2M to 8.6M between May 10, 2024 and Aug 7, 2024, a pattern consistent with a reverse split (roughly 1-for-34); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.
Cash runway
Going-concern warning
auditor flagged substantial doubt
The company itself flagged going-concern doubt in a filing.
Full breakdown: cash runway tool · source filing →
Warrants
| Tranche | Warrants | Exercise price | Term | Notes |
|---|---|---|---|---|
| April and July Two Thousand Twenty Four Unregistered Warrants | 151,808 | not tagged | — | — |
| August Two Thousand Twenty Four Registered Warrants | 99,048 | not tagged | — | — |
| New Warrants | 99,048 | $34.2 | — | — |
| April Two Thousand Twenty Four Registered Warrants | 60,150 | not tagged | — | — |
| Warrant Inducement Agreement | 49,524 | $34.2 | — | — |
| Warrant To Purchase Common Stock | 36,892 | not tagged | — | — |
| December Two Thousand Twenty Three Registered Warrants | 19,048 | not tagged | — | — |
| Public Warrants | 16,429 | $6037.5 | — | — |
| Private Warrants | 8,477 | $6037.5 | — | — |
| Bepo Warrants | 5,157 | $183.75 | — | — |
| A2023 Private Warrant B | 3,429 | $326.29 | — | — |
| Bepo Agent Warrants | 3,266 | $202.125 | — | — |
Tranches exactly as the company dimensioned them in its 10-Q filed Aug 11, 2026 →. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.
Warrants outstanding: 36,892 underlying shares, as reported Jun 30, 2026 (10-Q).
Reported exercise price: $12.25 (aggregate figure as tagged; individual tranches vary).
Balance-sheet fair value of warrants: $150,000 as of Jun 30, 2026.
Rough fully diluted estimate: 32.2M = 32.1M O/S + 36,892 warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.
Convertible notes
| Note | Principal | Carrying | Conv. price | Rate | If converted |
|---|---|---|---|---|---|
| February Note | $10.0M | — | $10.5 | 30% | ~952,381 sh |
| January Note | $5.0M | $0 | $16.38 | 60% | ~305,250 sh |
If every note above converted at its tagged price: ~1.3M new shares on 32.1M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.
Notes exactly as the company dimensioned them in its 10-Q filed Aug 11, 2026 →. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.
Fully diluted build-up
Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.
| Shares outstanding | 32.1M | Aug 7, 2026 |
| + April and July Two Thousand Twenty Four Unregistered Warrants (if exercised) | 151,808 | Feb 24, 2025 |
| + August Two Thousand Twenty Four Registered Warrants (if exercised) | 99,048 | Feb 24, 2025 |
| + New Warrants (if exercised) | 99,048 | Aug 12, 2024 |
| + April Two Thousand Twenty Four Registered Warrants (if exercised) | 60,150 | Feb 24, 2025 |
| + Warrant Inducement Agreement (if exercised) | 49,524 | Aug 12, 2024 |
| + Warrant To Purchase Common Stock (if exercised) | 36,892 | Jun 30, 2026 |
| + December Two Thousand Twenty Three Registered Warrants (if exercised) | 19,048 | Feb 24, 2025 |
| + Public Warrants (if exercised) | 16,429 | Jun 30, 2026 |
| + Private Warrants (if exercised) | 8,477 | Jun 30, 2026 |
| + Bepo Warrants (if exercised) | 5,157 | Jun 30, 2026 |
| + A2023 Private Warrant B (if exercised) | 3,429 | Jun 30, 2026 |
| + Bepo Agent Warrants (if exercised) | 3,266 | Jun 30, 2026 |
| + February Note (if fully converted) | 952,381 | Mar 4, 2026 |
| + January Note (if fully converted) | 305,250 | Mar 4, 2026 |
| Fully diluted estimate | 34.0M | +5.6% vs O/S |
Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.
Registrations and offerings
Registered offering capacity on live registrations: $610.3Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted
Last 12 months: 4 executed · 6 registered.
Full history and shelf status: offering checker · S-3 shelf checker
Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.
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