Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 296

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 296
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 and expected to vest as of June 30, 2024 |     |         |             21 |   |     | $         |           352.95 |     |               |         |
| Vested and exercisable as of June 30, 2024              |     |         |             21 |   |     | $         |           356.40 |     |               |         |
| Outstanding as of December 31, 2024                     |     |         |             18 |   |     | $         |           380.70 |     |               |     5.0 |
| Granted                                                 |     |         |              — |   |     | $         |                — |     |               |         |
| Exercised                                               |     |         |              — |   |     | $         |                — |     |               |         |
| Forfeited or expired                                    |     |         |            (14 | ) |     | $         |           166.70 |     |               |         |
| Outstanding as of June 30, 2025                         |     |         |              4 |   |     | $         |         1,022.11 |     |               |     4.8 |
| Options vested and expected to vest as of June 30, 2025 |     |         |              4 |   |     | $         |         1,022.11 |     |               |         |
| Vested and exercisable as of June 30, 2025              |     |         |              4 |   |     | $         |         1,022.11 |     |               |         |

As of June 30, 2025 and December 31, 2024, there is noaggregate intrinsic value of options outstanding.

As of June 30, 2025, total unrecogni zed compensation cost related to options was immaterial and is expected to be recognized over a weighted-average period of less than a year.

For the six months ended June 30, 2025, there were nooptions granted.

Restricted Stock Units

The fair value of RSUs under the Company’s 2021 EIP is estimated using the value of the Company’s common stock on the date of grant.

| F-74 |

The following table summarizes outstanding and expected to vest RSUs as of June 30, 2025 and 2024 and