Company: VLDXW
Filing Date: 2025-01-14
Form Type: 10-Q
Source: 0000950170-25-005443
Chunk: 105

Company: Velo3D, Inc.
Filing Date: 2025-01-14
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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28

        5,504,118

21

        December 31, 2023

        Issue Date
         
        ExpirationDate
         
        Number ofWarrants

        ExercisePrice per warrant

        Private placement warrants  - Common Stock
         
        12/02/2020
         
        09/29/2026

        127,143

        $
        402.50

        Public warrants – Common Stock
         
        12/02/2020
         
        09/29/2026

        246,428

        $
        402.50

        2022 Private Warrant – Common Stock
         
        07/25/2022
         
        07/24/2034

        2,000

        $
        89.60

        RDO Warrants - Common Stock
         
        12/29/2023
         
        12/29/2028

        1,028,574

        $
        19.78

        2023 Placement Agent Warrants - Common Stock
         
        12/29/2023
         
        12/29/2028

        51,429

        $
        21.75

        1,455,574

       Warrant Liabilities – Fair ValueThe issuance of the Private Placement Warrant and Public Warrant liabilities were accounted for as a reverse recapitalization. The 2022 Private Warrant was issued in connection with the Company’s entry into the joinder and fourth loan modification with Silicon Valley Bank. See Note 9, Debt, in the consolidated financial statements included in the 2023 Form 10-K.  The liabilities associated with the Private Placement Warrants, 2022 Private Warrants, RDO Warrants, Placement Agent Warrants, 2024 Private Warrants, BEPO Warrants, BEPO Agent Warrants, July 2024 Private Warrants and August Inducement Warrants were subject to remeasurement at each balance sheet date using the Level 3 fair value inputs and the Public Warrants were subject to remeasurement at each balance sheet date using Level 1 fair value inputs for the three and nine months ended September 30, 2024 and September 30, 2023. See Note 4, Fair Value Measurements, in this Report for liability classified warrants recorded at