Company: VLDXW
Filing Date: 2025-01-14
Form Type: 10-Q
Source: 0000950170-25-005443
Chunk: 20

Company: Velo3D, Inc.
Filing Date: 2025-01-14
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 per share to $2.28 per share. Additionally, the Company agreed to issue registered warrants with an exercise price of $2.28 per share to purchase 1,485,714 shares of Common Stock (the “August Inducement Warrants”) and will expire on the five year anniversary of the issuance date. The August Inducement Warrants may also be exercised on a cashless basis under certain circumstances.Warrants to purchase an equal number of shares of common stock of 5,504,118 and 1,455,574 were exercisable as of September 30, 2024  and December 31, 2023, respectively. The Private Placement Warrants, the Public Warrants, the 2022 Private Warrant, the RDO Warrants, the Placement Agent Warrants, 2024 Private Warrants, BEPO Warrants, BEPO Agent Warrants, July 2024 Private Warrants and August Inducement Warrants  to purchase shares of common stock are liability classified and recorded at fair value on the issue date with periodic remeasurement. Warrants for shares of common stock consisted of the following: 

        September 30, 2024

        Issue Date
         
        ExpirationDate
         
        Number ofWarrants

        ExercisePrice per warrant

        Private Placement Warrants  - Common Stock
         
        12/02/2020
         
        09/29/2026

        127,143

        $
        402.50

        Public Warrants – Common Stock
         
        12/02/2020
         
        09/29/2026

        246,429

        $
        402.50

        2022 Private Warrant – Common Stock
         
        07/25/2022
         
        07/24/2034

        2,000

        $
        89.60

        RDO Warrants - Common Stock
         
        12/29/2023
         
        12/29/2028

        285,714

        $
        19.78

        Placement Agent Warrants - Common Stock
         
        12/29/2023
         
        12/29/2028

        51,429

        $
        21.75

        2024 Private Warrants - Common Stock