Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 62

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 62
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 5, 2025, would increase or decrease the net proceeds to us from this offering by $2.8 million, assuming that the number of shares of common stock offered by us, as set forth on the cover page of this prospectus, remains the same, and after deducting the estimated underwriting discounts and commissions and estimated offering expenses payable by us. Similarly, each increase or decrease of 1.0 million shares of common stock offered by us, would increase or decrease the net proceeds to us by $5.4 million, assuming the assumed public offering price per share remains the same, and after deducting the estimated underwriting discounts and commissions and estimated offering expenses payable by us.

Our expected use of the net proceeds from this offering represents our intentions based upon our current plans and business conditions. As of the date of this prospectus, we cannot predict with certainty all of the particular uses for the net proceeds to be received upon the completion of this offering or the amounts that we will actually spend on the uses set forth above. As a result, our management will retain broad discretion over the allocation of the net proceeds from this offering.

Pending the use of the net proceeds from this offering as described above, we intend to invest the net proceeds in a variety of capital preservation instruments, including short-term, interest-bearing obligations, investment-grade instruments, certificates of deposit or direct or guaranteed obligations of the U.S. government.

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<div align='center'>MARKET INFORMATION FOR COMMON STOCK AND DIVIDEND POLICY</div>

Market Information

Our common stock is currently quoted on theOTCQX under the symbol “VLDX”.In
connection with this offering, we have applied to list our common stock on the Nasdaq Capital Market under the symbol “VELO.”
We believe that upon the completion of this offering, we will meet the standards for listing on the Nasdaq Capital Market, and the
closing of this offering is contingent upon receiving conditional approval from Nasdaq of such listing. No assurance can be
given that our listing application will be approved or, if we receive approval, that a trading market will develop or be sustained.
The sale prices of our common stock on the OTCQX may not be indicative of the prices of our common stock when traded on the Nasdaq
Capital Market. If our listing application is not approved, we will not consummate this offering.

As of July 31, 2025, we had approximately 14,067,551 shares of common stock issued and outstanding held