Company: VLDXW
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001641172-25-022448
Chunk: 31

Company: Velo3D, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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The
future minimum aggregate payments for the above borrowings are equal to the quarterly payments made using the Repayment Price, are as
follows as of June 30, 2025:

 Schedule
of Future Minimum Aggregate Payments

    (In thousands) 
  
    Remainder of 2025 
    $17,613 
  
    2026 
     6,122 
  
    Total 
    $23,735 
  
    Less: Amount of debt discount to be amortized subsequent to June 30, 2025 
     (231)
  
    Less: Amount of interest to be accrued subsequent to June 30, 2025 
     (1,029)
  
    Debt as of June 30, 2025 
    $22,475 

Note
10. Equity Instruments

Common
stock

Our
authorized share capital consists of 500,000,000 shares of common stock, par value $0.00001 per share, and 10,000,000 shares of preferred
stock, par value $0.00001 per share. As of June 30, 2025, we had 14,067,416 shares of common stock outstanding. The holders of common
stock are entitled to one vote for each share held of record on all matters submitted to a vote of the stockholders but are not entitled
to cumulative voting rights, are entitled to receive ratably such dividends as may be declared by the Company’s Board of Directors
out of funds legally available therefor subject to preferences that may be applicable to any shares of redeemable convertible preferred
stock currently outstanding or issued in the future, are entitled to share ratably in all assets remaining after payment of liabilities
and the liquidation preference of any then outstanding redeemable convertible preferred stock in the event of the Company’s liquidation,
dissolution, or winding up, have no preemptive rights and no right to convert their common stock into any other securities, and have
no redemption or sinking fund provisions applicable to the common stock.

April
2024 Securities Purchase Agreement 

On
April 10, 2024, the Company entered into securities purchase agreements (the “BEPO Purchase Agreements”) with certain investors
(collectively, the “Purchasers”). The BEPO Purchase Agreements relate to the sale and issuance, on a reasonable best efforts
basis (collectively, the “BEPO Offering”), by the Company of an aggregate of: (i