Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 154

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 154
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 well as any consequences arising under the laws of any other taxing jurisdiction, including any state, local or non-U.S. tax consequences.

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For the purposes of this discussion, a “Non-U.S. Holder” is, for U.S. federal income tax purposes, a beneficial owner of common stock that is neither a U.S. Person, nor a partnership (or other entity or arrangement treated as a partnership for U.S. federal income tax purposes regardless of its place of organization or formation). A “U.S. Person” means any person that is, for U.S. federal income tax purposes, any of the following:

| ● | an                                                                                                                                  
 individual who is a citizen or resident of the United States;                                                                       |
| ● | a                                                                                                                                   
 corporation or other entity treated as a corporation for U.S. federal income tax purposes created or organized in or under the laws 
 of the United States, any state thereof or the District of Columbia;                                                                |
| ● | an                                                                                                                                  
 estate the income of which is subject to U.S. federal income taxation regardless of its source; or                                  |
| ● | a                                                                                                                                   
 trust if it (1) is subject to the primary supervision of a court within the United States and one or more “United States persons”   
 (within the meaning of Code Section 7701(a)(30)) have the authority to control all substantial decisions of the trust or (2) has    
 a valid election in effect under applicable Treasury regulations to be treated as a United States person.                           |

In the case of a beneficial owner of our common stock that is classified as a partnership for U.S. federal income tax purposes, the tax treatment of a person treated as a partner in such partnership for U.S. federal income tax purposes generally will depend on the status of the partner, the activities of the partner and the partnership and certain determinations made at the partner level. A person treated as a partner in a partnership or who holds our common stock through another pass-through entity should consult his, her or its tax advisor regarding the tax consequences of the ownership and disposition of our common stock through a partnership or other pass-through entity, as applicable.

Distributions. Distributions, if any, made on our common stock to a Non-U.S. Holder to the extent made out of our current or accumulated earnings and profits (as determined under U.S. federal income tax principles) generally will constitute dividends for U.S. federal income tax purposes and will be subject to withholding tax at a 30% rate