{"url_path":"/sec/velo/8-k/2026-05-15/item-1-02","section_key":"item-1-02","section_title":"Item 1.02 Termination","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1825079/0001493152-26-023956-index.html","accession_number":"0001493152-26-023956","cik":"0001825079","ticker":"VELO","issuer_name":"Velo3D, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1825079/0001493152-26-023956-index.html","primary_entity_key":"0001825079","primary_entity_name":"Velo3D, Inc."},"word_count":119,"has_tables":true,"body_markdown":"**Item 1.02 Termination\nof a Material Definitive Agreement**\n\n \n\nIn connection\nwith the Company’s entry into the Sales Agreement described in Item 1.01 of this Current Report on Form 8 K, on May 15, 2026,\nthe Company delivered a notice to Needham terminating the sales agreement, dated as of February 6, 2023, by and between the Company and\nNeedham (the “Prior Sales Agreement”), which termination was effective on the date thereof. The Company is not subject to\nany termination penalties related to the termination of the Prior Sales Agreement. A copy of the Prior Sales Agreement was filed as Exhibit\n1.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 6, 2023."}