Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 170

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 170
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 effective registration statement, warrant holders may exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption, but we will use our best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available.

Redemption of Warrants When the Price Per Share of Common Stock Equals or Exceeds $9,450.00

We may call the warrants for redemption:

| a. | in                                                                                              
 whole and not in part;                                                                          |
| b. | at                                                                                              
 a price of $5.25 per warrant;                                                                   |
| c. | upon                                                                                            
 not less than 30 days’ prior written notice of redemption to each warrant holder; and           |
| d. | if,                                                                                             
 and only if, the closing price of the common stock equals or exceeds $9,450.00 per share        
 (as adjusted for share splits, share capitalizations, reorganizations, recapitalizations        
 and the like) for any 20 trading days within a 30-trading day period ending on the third        
 trading day prior to the date on which notice of the redemption is given to the warrant holder. |

If and when the warrants become redeemable by us, we may exercise our redemption right even if we are unable to register or qualify the underlying securities for sale under all applicable state securities laws.

We have established the last of the redemption criterion discussed above to prevent a redemption call unless there is at the time of the call a significant premium to the warrant exercise price. If the foregoing conditions are satisfied and we issue a notice of redemption of the warrants, each warrant holder will be entitled to exercise his, her or its warrant prior to the scheduled redemption date. However, the price of the shares of common stock may fall below the $9,450.00 redemption trigger price (as adjusted for share splits, share capitalizations, reorganizations, recapitalizations and the like) as well as the $6,037.50 (for whole shares) warrant exercise price after the redemption notice is issued.

Redemption of Warrants When the Price Per Share of Common Stock Equals or Exceeds $5,250.00

We may redeem the outstanding warrants:

| ● | in                                                                                                  
 whole and not in part;                                                                              |
| ● | at                                                                                                  
 $52.50 per warrant upon a minimum of 30 days’ prior written notice of redemption,                   
 provided that holders will be able to exercise their warrants on