Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 302

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 302
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14 | ) |     | $         |           166.70 |     |               |         |
| Outstanding as of June 30, 2025                         |     |         |              4 |   |     | $         |         1,022.11 |     |               |     4.8 |
| Options vested and expected to vest as of June 30, 2025 |     |         |              4 |   |     | $         |         1,022.11 |     |               |         |
| Vested and exercisable as of June 30, 2025              |     |         |              4 |   |     | $         |         1,022.11 |     |               |         |

As of June 30, 2025 and December 31, 2024, there is no aggregate intrinsic value of options outstanding.

As of June 30, 2025, total unrecogni zed compensation cost related to options was immaterial and is expected to be recognized over a weighted-average period of less than a year.

For the six months ended June 30, 2025, there were no options granted.

Restricted Stock Units

The fair value of RSUs under the Company’s 2021 EIP is estimated using the value of the Company’s common stock on the date of grant.

| F-74 |

The following table summarizes outstanding and expected to vest RSUs as of June 30, 2025 and 2024 and their activity during the six months ended June 30, 2025 and 2024:

Schedule of Nonvested Restricted Stock Units Activity

|                                      |     | Number    
 of Shares | (In thousands) |   |     | Weighted-  
 Average    
 Grant Date 
 Fair Value | (Per share data) |     | Aggregate 
 Intrinsic 
 Value     | (In thousands) |
|:-------------------------------------|:----|:----------|---------------:|:--|:----|:-----------|-----------------:|:----|:----------|---------------:|
| Balance as of December 31, 2023      |     |           |             38 |   |     | $          |         1,020.00 |     | $         |          7,940 |
| Granted                              |     |           |              9 |   |     |            |           124.50 |     |           |              — |
| Released                             |