Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 182

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 182
---
 of a prospectus. The ISA has not issued permits, approvals or licenses in connection with this offering or publishing the prospectus; nor has it authenticated the details included herein, confirmed their reliability or completeness, or rendered an opinion as to the quality of the securities being offered. Any resale in Israel, directly or indirectly, to the public of the securities offered by this prospectus is subject to restrictions on transferability and must be effected only in compliance with the Israeli securities laws and regulations.

Italy

The offering of the securities in the Republic of Italy has not been authorized by the Italian Securities and Exchange Commission (Commissione Nazionale per le Società e la Borsa, “CONSOB” pursuant to the Italian securities legislation and, accordingly, no offering material relating to the securities may be distributed in Italy and such securities may not be offered or sold in Italy in a public offer within the meaning of Article 1.1(t) of Legislative Decree No. 58 of 24 February 1998 (“Decree No. 58”), other than:

| ● | to                                                                                              
 Italian qualified investors, as defined in Article 100 of Decree no. 58 by reference to Article 
 34-ter of CONSOB Regulation no. 11971 of 14 May 1999 (“Regulation no. 1197l”)                   
 as amended (“Qualified Investors”); and                                                         |
| ● | in                                                                                              
 other circumstances that are exempt from the rules on public offer pursuant to Article 100      
 of Decree No. 58 and Article 34-ter of Regulation No. 11971 as amended.                         |

Any offer, sale or delivery of the securities or distribution of any offer document relating to the securities in Italy (excluding placements where a Qualified Investor solicits an offer from the issuer) under the paragraphs above must be:

| ● | made                                                                                         
 by investment firms, banks or financial intermediaries permitted to conduct such activities  
 in Italy in accordance with Legislative Decree No. 385 of 1 September 1993 (as amended),     
 Decree No. 58, CONSOB Regulation No. 16190 of 29 October 2007 and any other applicable laws; 
 and                                                                                          |
| ● | in                                                                                           
 compliance with all relevant Italian securities, tax and exchange controls and any other     
 applicable laws.                                                                             |

Any subsequent distribution of the securities in Italy must be made in compliance with the public offer and prospectus requirement rules provided under Decree No. 58 and the