August 19, 2025 · Form 4 insider transaction
Thieneman Kenneth Dale bought 10,000,000 shares of Velodrome at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 199 days after the transaction.
Consists of a Senior Secured Convertible Promissory Note dated February 10, 2025 (the "February Note") in the principal amount of $10,000,000, held by Thieneman Construction, Inc., an Indiana corporation. Effective as of August 19, 2025, upon the listing of the shares of common stock, par value $0.00001 per share, of Velo3D, Inc. (the "Company") on the Nasdaq Capital Market, the Reporting Person had the right, at its option, to convert all or any portion of the outstanding principal amount of the February Note into Shares at a conversion price of $10.50 per Share.