Velo3D Announces the Commencement of OTCQX Trading
11 Septembre 2024 - 1:00PM
Business Wire
Velo3D, Inc. (OTCQX: VLDX), the leader in scalable metal 3D
printing technology for production manufacturing, today announces
that its common stock anticipates the commencement of trading on
the OTCQX® Best Market under the symbol “VLDX” The company
previously traded on the New York Stock Exchange.
Trading on the OTCQX Best Market offers more than 12,000
companies efficient, cost-effective access to the U.S. capital
markets. Streamlined market requirements for OTCQX are designed to
help companies lower the cost and complexity of being publicly
traded, while providing transparent trading for their investors. To
qualify for OTCQX, companies must meet high financial standards,
follow best practice corporate governance, and demonstrate
compliance with applicable securities laws.
U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
About Velo3D:
Velo3D is a metal 3D printing technology company. 3D
printing—also known as additive manufacturing (AM)—has a unique
ability to improve the way high-value metal parts are built.
However, legacy metal AM has been greatly limited in its
capabilities since its invention almost 30 years ago. This has
prevented the technology from being used to create the most
valuable and impactful parts, restricting its use to specific
niches where the limitations were acceptable.
Velo3D has overcome these limitations so engineers can design
and print the parts they want. The company’s solution unlocks a
wide breadth of design freedom and enables customers in space
exploration, aviation, energy, and semiconductor to innovate the
future in their respective industries. Using Velo3D, these
customers can now build mission-critical metal parts that were
previously impossible to manufacture. The fully integrated solution
includes the Flow print preparation software, the Sapphire family
of printers, and the Assure quality control system. Through this
vertically integrated approach, the Velo3D ecosystem facilitates
scalable metal AM using the same print file across any Sapphire
system, ensuring repeatable outcomes without the need for
additional optimization. This enhances manufacturing scalability
and supply chain flexibility, allowing Velo3D customers to
seamlessly adapt to fluctuating demand. The company delivered its
first Sapphire system in 2018 and has been a strategic partner to
innovators such as SpaceX, Aerojet Rocketdyne, Lockheed Martin,
Avio, and General Motors. Velo3D has been named as one of Fast
Company’s Most Innovative Companies for 2023. For more information,
please visit Velo3D.com, or follow the company on LinkedIn or
Twitter.
VELO, VELO3D, SAPPHIRE and INTELLIGENT FUSION, are registered
trademarks of Velo3D, Inc.; and WITHOUT COMPROMISE, FLOW, FLOW
DEVELOPER, and ASSURE are trademarks of Velo3D, Inc. All Rights
Reserved © Velo3D, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240911081252/en/
Media Contact: OTC Markets Group Inc., +1 (212) 896-4428,
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Investor Relations: Velo3D Bob Okunski, VP Investor
Relations investors@velo3d.com
Media Contact: Velo3D Dan Sorensen, Senior Director of PR
press@velo3d.com
Velo3D (NYSE:VLD)
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