Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 283

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 283
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’s common stock, respectively, equating in each case to an exchange ratio of three Acquired Shares for each warrant.

Common Stock Reserved for Future Issuance

Shares of common stock reserved for future issuance on an “as if converted” basis were as follows:

|                                              |     |   March 31, |         |     | December 31, |           |
|                                              |     |        2025 |         |     |         2024 |           |
|                                              |     | -share data |         |     |              |           |
| Common stock warrants                        |     |             | 553,326 |     |              | 5,504,117 |
| Shares available for future grant under 2021 
 Equity Incentive Plan                        |     |             |  43,957 |     |              |   696,840 |
| Reserved for At-the-Market offering          |     |             |  80,742 |     |              |    80,742 |
| Reserved for employee                        
 stock purchase plan                          |     |             | 284,367 |     |              |   284,367 |
| Total shares of common                       
 stock reserved                               |     |             | 962,392 |     |              | 6,566,066 |

In February 2023, the Company entered into a sales agreement (the “ATM Sales Agreement”) with Needham & Company, LLC (“Needham”), as agent, pursuant to which the Company may offer and sell, from time to time through Needham, up to $40.0 million shares of its common stock pursuant to a shelf registration statement on Form S-3 (the “Shelf Registration Statement”) and the related prospectus supplement and accompanying base prospectus, and in connection therewith, the Company reserved 571,429 shares of common stock for issuance under the ATM Sales Agreement. On January 31, 2024, the Company filed an amendment to the prospectus supplement increasing the aggregate dollar amount of shares available to be sold from time to time pursuant to the ATM Sales Agreement to $75 million. During three months ended March 31, 2025, the Company sold no shares pursuant to the ATM sales agreement.

In April 2024, pursuant to the evergreen provisions of the Company’s 2021 Equity Incentive Plan (the “2021 EIP”), the Company added an additional 369,170 shares of common stock for issuance under the 2021 EIP and