Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 187

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 187
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 Institutional Investors. Any Qualified Institutional Investor who acquires securities may not resell them to any person in Japan that is not a Qualified Institutional Investor, and acquisition by any such person of securities is conditional upon the execution of an agreement to that effect.

New Zealand

The shares of common stock offered hereby have not been offered or sold, and will not be offered or sold, directly or indirectly in New Zealand and no offering materials or advertisements have been or will be distributed in relation to any offer of shares in New Zealand, in each case other than:

| ● | to                                                                                              
 persons whose principal business is the investment of money or who, in the course of and        
 for the purposes of their business, habitually invest money;                                    |
| ● | to                                                                                              
 persons who in all the circumstances can properly be regarded as having been selected otherwise 
 than as members of the public;                                                                  |
| ● | to                                                                                              
 persons who are each required to pay a minimum subscription price of at least NZ$500,000        
 for the shares before the allotment of those shares (disregarding any amounts payable, or       
 paid, out of money lent by the issuer or any associated person of the issuer); or               |
| ● | in                                                                                              
 other circumstances where there is no contravention of the Securities Act 1978 of New Zealand   
 (or any statutory modification or reenactment of, or statutory substitution for, the Securities 
 Act 1978 of New Zealand).                                                                       |

| 117 |

Portugal

This document is not being distributed in the context of a public offer of financial securities (oferta pública de valores mobiliários) in Portugal, within the meaning of Article 109 of the Portuguese Securities Code (Código dos Valores Mobiliários). The securities have not been offered or sold and will not be offered or sold, directly or indirectly, to the public in Portugal. This document and any other offering material relating to the securities have not been, and will not be, submitted to the Portuguese Securities Market Commission (Comissăo do Mercado de Valores Mobiliários) for approval in Portugal and, accordingly, may not be distributed or caused to distributed, directly or indirectly, to the public in Portugal, other than under circumstances that are deemed not to qualify as a public offer under the Portuguese Securities Code. Such offers, sales and distributions of securities in Portugal are limited to persons who are “qualified investors” (as defined in the Portuguese Securities Code). Only such investors may receive this document and they may