Company: VLDXW
Filing Date: 2025-06-16
Form Type: DEFA14A
Source: 0000950170-25-086552
Chunk: 7

Company: Velo3D, Inc.
Filing Date: 2025-06-16
Form: DEFA14A
Chunk 7
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 shares of our common stock were reserved for issuance under our 2021 Equity Incentive Plan (the “2021 EIP”);

2,233,461 shares of our common stock were reserved for issuance under our 2021 Employee Stock Purchase Plan (the “2021 ESPP”);

246,429 shares of our common stock were reserved for issuance upon the exercise of the warrants included in the units issued in our December 2020 initial public offering (our “public warrants”);

127,143 shares of our common stock were reserved for issuance upon the exercise of the warrants issued to Spitfire Sponsor LLC in a private placement in connection with our December 2020 initial public offering (our “private placement warrants”);

48,980 shares of our common stock were reserved for issuance upon the exercise of our warrants issued to A.G.P./Alliance Global Partners in connection with our December 2024 registered direct offering (the “RDO Placement agent warrants”);

236,735 shares of our common stock were reserved for issuance upon the exercise of our warrants issued in our April 2024 reasonable best efforts public offering (the “RBEO warrants”); and

48,980 shares of our common stock were reserved for issuance upon the exercise of our warrants issued to A.G.P./Alliance Global Partners in connection with our April 2024 reasonable best efforts public offering (the “RBEO placement agent warrants”).

In addition, as of June 2, 2025, 952,381 shares of our common stock were non-exclusively reserved for issuance pursuant to outstanding senior secured notes due 2026, as amended (the “Secured Notes”).

Although the number of authorized shares of our common stock will not change as a result of the Reverse Stock Split, the number of shares of our common stock issued and outstanding will be reduced, which will effectively increase the number of authorized and unissued shares of our common stock available for future issuance. This effective increase in the number of shares available for issuance will provide the Board with the authority, without further action of the stockholders, to issue additional shares of common stock from time to time in such amounts as the Board deems necessary. Without limitation of the foregoing, additional shares may be issued in connection with (1) future capital raising transactions through the sale of common stock and/or securities convertible into or exercisable for common stock in the private and/or public equity markets; (2) future merger and acquisition transactions, strategic collaborations and partnerships and/or licensing arrangements involving the issuance of our