Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 186

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 186
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 and Taiwan). The securities may not be offered or sold directly or indirectly in the PRC to legal or natural persons other than directly to “qualified domestic institutional investors.”

European Economic Area — Belgium, Germany, Luxembourg and Netherlands

The information in this document has been prepared on the basis that all offers of securities will be made pursuant to an exemption under the Directive 2003/71/EC (“Prospectus Directive”), as implemented in Member States of the European Economic Area (each, a “Relevant Member State”), from the requirement to produce a prospectus for offers of securities.

An offer to the public of securities has not been made, and may not be made, in a Relevant Member State except pursuant to one of the following exemptions under the Prospectus Directive as implemented in that Relevant Member State:

| ● | to                                                                                            
 legal entities that are authorized or regulated to operate in the financial markets or, if    
 not so authorized or regulated, whose corporate purpose is solely to invest in securities;    |
| ● | to                                                                                            
 any legal entity that has two or more of (i) an average of at least 250 employees during      
 its last fiscal year; (ii) a total balance sheet of more than €43,000,000 (as shown           
 on its last annual unconsolidated or consolidated financial statements) and (iii) an annual   
 net turnover of more than €50,000,000 (as shown on its last annual unconsolidated or          
 consolidated financial statements);                                                           |
| ● | to                                                                                            
 fewer than 100 natural or legal persons (other than qualified investors within the meaning    
 of Article 2(1)(e) of the Prospectus Directive) subject to obtaining our prior consent or     
 any underwriter for any such offer; or                                                        |
| ● | in                                                                                            
 any other circumstances falling within Article 3(2) of the Prospectus Directive, provided     
 that no such offer of securities shall require us to publish a prospectus pursuant to Article 
 3 of the Prospectus Directive.                                                                |

France

This document is not being distributed in the context of a public offering of financial securities (offre au public de titres financiers) in France within the meaning of Article L.411-1 of the French Monetary and Financial Code (Code monétaire et financier) and Articles 211-1 et seq. of the General Regulation of the French Autorité des marchés financiers (“AMF”). The securities have not been offered or sold and will not be offered or