Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 295

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 295
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 Placement Warrant is exercisable to purchase one share of common stock at a price of $6,037.50 per share. Subject to certain exceptions, the Private Placement Warrants have terms and provisions that are identical to those of the Public Warrants. The 2022 Private Warrant is exercisable to purchase one share of common stock at a price of $1,344.00 per share and allows cashless exercise in whole or part. The Public Warrants may only be exercised for a whole number of shares. The Public Warrants became exercisable on December 7, 2021. The RDO Warrants are exercisable to purchase one share of common stock at a price of $299.25 per warrant share. The Placement Agent Warrants are exercisable to purchase one share of common stock at a price of $326.25 per warrant share . The RDO Warrants and 2023 Placement Agent Warrants are exercisable until December 29, 2028 and allows cashless exercise in whole or part.

Private Placement Warrants– Fair Value Assumptions

The fair value of the private placement common stock warrant liability was $0 as of June 30, 2025 and December 31, 2024, as the publicly traded price was $0.00 as of June 30, 2025 and December 31, 2024. The assumptions used in the Monte Carlo simulation model for the recurring valuation of the private placement common stock warrant liability were as follows:

Schedule of Fair Value Assumptions

|                         |     | As of         
 June 30, 2025 |    |   |     | As of             
 December 31, 2024 |    |   |
|:------------------------|:----|:--------------|:---|:--|:----|:------------------|:---|:--|
| Current stock price     |     | $             | —  |   |     | $                 | —  |   |
| Expected volatility     |     |               | —  | % |     |                   | —  | % |
| Risk-free interest rate |     |               | —  | % |     |                   | —  | % |
| Dividend rate           |     |               | —  | % |     |                   | —  | % |
| Expected Term (years)   |     |               | 0— |   |     |                   | 0— |   |

| F-70 |

Expected volatility