Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 222

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 222
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 the July 2024 Private Warrants, the August Inducement Warrants, and the Contingent earnout liabilities, see Note 10, Equity Instruments.

The aggregate fair value of the Company’s money market funds approximated amortized cost and, as such, there were no unrealized gains or losses on money market funds as of December 31, 2024 and 2023. Realized gains and losses, net of tax, were not material for any of the periods presented.

| F-23 |

Velo3D, Inc.

Notes to Consolidated Financial Statements

The following table presents a summary of the changes in the fair value of the Company’s Level 3 financial instruments:

Summary of Changes in Fair Value of Level 3 Financial Instruments

|                                                            |     | Private     
 placement   
 warrant     
 liabilities 
 (In         
 Thousands)  |      |   |     | 2022    
 Private 
 Warrant |     |   |     | Contingent  
 earnout     
 liabilities |         |   |     | Debt        
 derivatives |        |   |     | RDO      
 Warrants |         |   |     | Placement 
 Agent     
 Warrants  |      |   |     | 2024             
 Private Warrants |        |   |     | BEPO     
 Warrants |        |   |     | BEPO           
 Agent Warrants |      |   |     | July                  
 2024 Private Warrants |        |   |     | August              
 Inducement Warrants |        |   |
|:-----------------------------------------------------------|:----|:------------|-----:|:--|:----|:--------|----:|:--|:----|:------------|--------:|:--|:----|:------------|-------:|:--|:----|:---------|--------:|:--|:----|:----------|-----:|:--|:----|:-----------------|-------:|:--|:----|:---------|-------:|:--|:----|:---------------|-----:|:--|:----|:----------------------|-------:|:--|:----|:--------------------|-------:|:--|
| Fair                                                       
 value as of January 1, 2024                                |     | $           |  127 |   |     | $       |  23 |   |     | $           |   1,456 |   |     | $           |      — |