Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 3

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 3
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 “emerging growth company” and a “smaller reporting company” as defined under federal securities laws and, as such, may elect to comply with certain reduced public company reporting requirements.

Additionally, we will be a “controlled company” under the Listing Rules of The Nasdaq Stock Market LLC (“Nasdaq”) upon completion of this offering, as Arun Jeldi and affiliated entities, our current controlling stockholder and Chief Executive Officer, controls a majority of the total voting power of our common stock.

|                                 |     | Per share |     | Total |
|:--------------------------------|:----|:----------|:----|:------|
| Public offering price           |     | $         |     | $     |
| Underwriting discounts and      
 commissions (1)                 |     | $         |     | $     |
| Proceeds to us, before expenses |     | $         |     | $     |

| (1) | We                                                                                 
 have agreed to reimburse the underwriters for certain expenses. See “Underwriting” 
 on page 109 for additional information regarding underwriting compensation.        |

Investing in our securities involves a high degree of risk. See the section entitled “ Risk Factors” appearing on pages 9 of this prospectus and elsewhere in this prospectus for a discussion of information that should be considered in connection with an investment in our securities.

Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.

The underwriters expect to deliver the shares of common stock to the purchasers on or about , 2025.

<div align='center'>The date of this prospectus
is , 2025</div>

<div align='center'>Confidential Treatment Requested by Velo3D, Inc.

Pursuant to 17 CFR 200.83

CERTAIN DEFINED TERMS</div>

Unless otherwise stated in this prospectus or the context otherwise requires, references to:

“ 2022 Private Warrant” means the warrant to purchase up to 70,000 shares of common stock issued to Silicon Valley Bank in conjunction with the joinder and fourth loan modification agreement.

“ Additional Secured Convertible Notes” means up to an additional $35.0 million in aggregate principal amount of Senior Convertible Notes we have granted the holders of the Secured Notes the right to purchase so long as the notice to exercise such option