Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 263

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 263
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| Issuance of common stock upon exercise of stock 
 options and release of restricted stock units   |     |        |     470,953 |     |        | — |     |            |       — |     |               |   — |   |     |             | —        |   |     |               |       — |   |
| Stock-based compensation                        |     |        |           — |     |        | — |     |            |   4,074 |     |               |   — |   |     |             | —        |   |     |               |   4,074 |   |
| Issuance of common stock in connection with     
 warrant cancellation                            |     |        |  14,852,379 |     |        | — |     |            |  14,555 |     |               |   — |   |     |             | —        |   |     |               |  14,555 |   |
| Net loss                                        |     |        |           — |     |        | — |     |            |       — |     |               |   — |   |     |             | (25,411  | ) |     |               | (25,411 | ) |
| Other comprehensive income                      |     |        |           — |     |        | — |     |            |       — |     |               |   — |   |     |             | —        |   |     |               |       — |   |
| Balance as of March                             
 31, 2025                                        |     |        | 210,232,762 |     | $      | 4 |     | $          | 488,623 |     | $             |   0 |   |     | $           | (455,745 | ) |     | $             |  32,882 |   |

<div align='center'>The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.</div>

| F-57 |

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

Pursuant to 17 CFR 200.83

Velo3D, Inc.

Notes to Condensed Consolidated Interim Financial Statements

(Unaudited)</div>

Note 1. Description of Business and Basis of Presentation

Velo3D, Inc., a Delaware corporation (“ Velo3D” ), formerly known as JAWS Spitfire