Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 62

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 62
---
 in ways our stockholders may not agree with or that do not yield a favorable return, if at all. We currently expect to use the net proceeds from this offering for working capital, capital expenditures and other general corporate purposes, including costs and expenses associated with being a public company. However, our use of these net proceeds may differ substantially from our current plans. If we do not invest or apply the net proceeds of this offering in ways that improve our operating results, we may fail to achieve expected financial results, which could cause our stock price to decline.

| 40 |

<div align='center'>USE OF PROCEEDS</div>

We estimate that the net proceeds to us from this offering will be approximately $15.5 million (or approximately $17.9 million if the underwriters exercise in full their option to purchase up to 875,000 additional shares of common stock), after deducting estimated underwriting discounts and commissions and estimated offering expenses payable by us.

We intend to use the net proceeds of this offering for working capital, capital expenditures and other general corporate purposes. We may also use a portion of the net proceeds from this offering to in-license, acquire or invest in complementary businesses, technologies, products or assets. Although we currently have no agreements, commitments or obligations to do so, we evaluate such opportunities and engage in related discussions with third parties from time to time.

Our expected use of the net proceeds from this offering represents our intentions based upon our current plans and business conditions. As of the date of this prospectus, we cannot predict with certainty all of the particular uses for the net proceeds to be received upon the completion of this offering or the amounts that we will actually spend on the uses set forth above. As a result, our management will retain broad discretion over the allocation of the net proceeds from this offering.

Pending the use of the net proceeds from this offering as described above, we intend to invest the net proceeds in a variety of capital preservation instruments, including short-term, interest-bearing obligations, investment-grade instruments, certificates of deposit or direct or guaranteed obligations of the U.S. government.

| 41 |

<div align='center'>MARKET INFORMATION FOR COMMON STOCK AND DIVIDEND POLICY</div>

Market Information

Our
common stock is currently quoted on the OTCQX under the symbol “VLDX”. In connection with this offering, our common stock
has been approved for listing on the Nasdaq Capital Market under the symbol “VELO”. No assurance can be given
that that a trading market will develop