Velo3D receives another noncompliance notice from NYSE

Despite the recent reverse stock split, Velo3D is still struggling on the stock exchange

Velo3D - American manufacturer of 3D metal printers, has received a noncompliance notice from the New York Stock Exchange because its average total market capitalisation and stockholders equity over a consecutive 30-day period were both less than 50 million USD.

As of July 5, 2024, the company's 30 trading-day average market capitalisation was approxima…