Company: VLDXW
Filing Date: 2025-06-16
Form Type: DEFA14A
Source: 0000950170-25-086552
Chunk: 4

Company: Velo3D, Inc.
Filing Date: 2025-06-16
Form: DEFA14A
Chunk 4
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 meanings given to them in the Proxy Statement. The Supplement is being made available to our stockholders on or about June 16, 2025. Capitalized terms used herein without definition shall have the meanings ascribed to such terms in the Proxy Statement.

<div align='center'>PROPOSAL NO. 3

APPROVAL OF REVERSE STOCK SPLIT</div>

Background of the Reverse Stock Split

Our certificate of incorporation, as amended (the “Certificate of Incorporation”), currently authorizes the Company to issue a total of 510,000,000 shares of capital stock, consisting of 500,000,000 shares of common stock and 10,000,000 shares of preferred stock, par value $0.00001 per share. The text of the Certificate of Incorporation is attached as Exhibit 3.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 31, 2025.

On June 2, 2025, subject to stockholder approval, our Board approved a proposed amendment to our Certificate of Incorporation (the “Reverse Stock Split Charter Amendment”) to, at the discretion of the Board, effect a reverse stock split of our common stock at a ratio of one-for-five (1:5) to one-for-fifty (1:50),with the exact ratio within such range to be determined by the Board at its discretion (the “Reverse Stock Split”). The primary goals of the Reverse Stock Split are to: (i) increase the per share market price of our common stock to meet the initial listing requirements for the potential listing of our common stock on a national securities exchange and (ii) effectively increase the number of authorized and unissued shares of our common stock available for future issuance after we effect the Reverse Stock Split. We believe that a range of Reverse Stock Split ratios provides us with the most flexibility to achieve the desired results of the Reverse Stock Split. The Reverse Stock Split is not intended as, and will not have the effect of, a “going private transaction” covered by Rule 13e-3 promulgated under the Exchange Act. The Reverse Stock Split is not intended to modify the rights of existing stockholders in any material respect.

If the Reverse Stock Split Proposal is approved by our stockholders and the Reverse Stock Split is effected, up to every 50 shares of our outstanding common stock would be combined and reclassified into one share of common stock. The actual timing for implementation