PIV Fund I Amends Velo3D Stake Filing

TL;DR

**PIV Fund I just updated their Velo3D stake, watch for potential shifts!**

AI Summary

PIV Fund I, L.P. and its affiliates, including PIV GP, L.L.C., Mark Stout Gudiksen, and Ricardo Angel, have filed an amended Schedule 13D/A for Velo3D, Inc. This amendment, filed on January 30, 2024, updates their previous filing regarding their ownership of Velo3D's Common Stock, par value $0.00001 per share. This matters to investors because it provides updated transparency on the holdings and intentions of a significant institutional investor, PIV Fund I, L.P., which can influence market perception and potentially future strategic decisions for Velo3D.

Why It Matters

This filing provides updated information on a significant investor's position in Velo3D, offering transparency that can influence market sentiment and investor confidence.

Risk Assessment

Risk Level: low — This is an amendment to a previous filing, primarily updating disclosure information rather than signaling a major new event.

Analyst Insight

An investor should note that a significant institutional holder is updating their disclosures, suggesting ongoing engagement with the company. While this specific amendment doesn't signal a major change in strategy, it's a reminder to monitor future filings for any shifts in ownership or stated intentions by PIV Fund I, L.P. that could impact Velo3D's stock.

Key Numbers

• $0.00001 — Par Value per Share (The par value of Velo3D, Inc.'s Common Stock, indicating the nominal value of each share.)

Key Players & Entities

• PIV Fund I, L.P. (company) — filing person and institutional investor in Velo3D, Inc.
• Velo3D, Inc. (company) — subject company whose securities are being reported
• Ricardo Angel (person) — person authorized to receive notices and communications for Piva Capital, Inc.
• Mark Stout Gudiksen (person) — group member associated with the filing
• PIV GP, L.L.C. (company) — group member associated with the filing
• $0.00001 (dollar_amount) — par value per share of Velo3D Common Stock

Forward-Looking Statements

• PIV Fund I, L.P. will maintain its significant stake in Velo3D, Inc. (PIV Fund I, L.P.) — medium confidence, target: 2025-01-30

FAQ

Key Financial Figures

• $0.00001 — ame of Issuer) Common Stock, par value $0.00001 per share (Title of Class of Securiti

Filing Documents

• tm244483d1_sc13da.htm (SC 13D/A) — 77KB
• 0001104659-24-008309.txt ( ) — 79KB

of the Original Schedule 13D is hereby amended and restated

Item 1 of the Original Schedule 13D is hereby amended and restated as follows: This statement relates to the Common Stock of Velo3D, Inc. (the “Issuer”), having its principal executive office at 511 Division Street, Campbell, California 95008.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer

of the Original Schedule 13D is hereby

Item 5 of the Original Schedule 13D is hereby amended and restated as follows: (a) See responses to Item 13 on the cover pages of this filing, which are incorporated herein by reference. (b) See responses to Items 7, 8, 9 and 10 on the cover pages of this filing, which are incorporated herein by reference. (c) The Reporting Persons have not engaged in any transactions in the Common Stock during the past sixty days. (d) Petroliam Nasional Berhad, the sole limited partner of PIV Fund I, L.P., has the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, a portion of the PIV Shares beneficially owned by the Reporting Persons. (e) Not applicable.

Material to Be Filed as Exhibits

Item 7. Material to Be Filed as Exhibits Exhibit 99.A - Agreement regarding filing of joint Schedule 13D (incorporated by reference to the Original Schedule 13D, filed on October 12, 2021). Exhibit 99.B - Power of Attorney regarding Section 13 filings (incorporated by reference to the Original Schedule 13D, filed on October 12, 2021). Exhibit 99.C - A&R Registration Rights Agreement, by and among Velo3D, Inc., Spitfire Sponsor LLC and the Holders set forth therein dated September 29, 2021 (incorporated by reference to Exhibit 10.3 to the Issuer’s Current Report on Form 8-K filed with the SEC on October 5, 2021).

Signatures

Signatures After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 30, 2024 PIV FUND I, L.P. By PIV GP, L.L.C. its General Partner By: /s/ Ricardo Angel Ricardo Angel, Managing Member Date: January 30, 2024 PIV GP, L.L.C. By: /s/ Ricardo Angel Ricardo Angel, Managing Member Date: January 30, 2024 By: /s/ Ricardo Angel Ricardo Angel Date: January 30, 2024 By: */s/ Ricardo Angel, as Attorney-in-Fact Mark Stout Gudiksen * This Schedule 13D was executed by Ricardo Angel on behalf of the individual listed above pursuant to a Power of Attorney, a copy of which is included herewith as Exhibit 99.B (incorporated by reference to the Original Schedule 13D, filed on October 12, 2021).

View Full Filing

View this SC 13D/A filing on SEC EDGAR