Company: VLDXW
Filing Date: 2025-12-23
Form Type: 8-K
Source: 0001493152-25-029070
Chunk: 1

Company: Velo3D, Inc.
Filing Date: 2025-12-23
Form: 8-K
Item: Item 1.01
Chunk 1
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 applicable state securities laws. The Shares were offered and sold only to
“accredited investors” as that term is defined in Rule 501(a) under the Securities Act.

The
foregoing description of the Purchase Agreement is not complete and is qualified in its entirety by the full text of the Purchase Agreement,
a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Proceeds
and Placement Agent Compensation

The
aggregate gross proceeds to the Company from the Private Placement was approximately $30 million, before deducting placement agent fees
and other offering expenses. Lake Street Capital Markets, LLC and Lucid Capital Markets, LLC (collectively, the “ Placement Agents”)
acted as the placement agents for the Private Placement.

Pursuant
to an engagement letter (the “ Engagement Letter”) by and among the Company and the Placement Agents, dated December 18,
2025, the Company paid the Placement Agents, a cash fee equal to 6.0% of the aggregate gross proceeds raised in the Private Placement.
The Company also reimbursed the Placement Agents an aggregate of $64,000 for their non-accountable expenses. The Engagement Letter has
indemnity and other customary provisions.

Item
3.02 Unregistered Sales of Equity Securities.