Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 2

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 2
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 (the “Company,”
“Velo3D,” the “Registrant,” “we,” “our” or “us”) is offering 2,777,777
shares of common stock, $0.00001 par value per share, at an assumed public offering price of $5.40 per share, which is the last
reported sale price of our common stock on the OTCQX Best Market (the “OTCQX”) operated by OTC Markets Group, Inc. on August 5,
2025. The public offering price per share will be determined at the time of pricing and may be at a discount to the current market price.
The recent market price used throughout this prospectus may not be indicative of the final public offering price.

This is a firm commitment underwritten offering.

There is currently a limited public
trading market for our common stock. Our common stock is quoted on the OTCQX under the symbol “VLDX.” In connection with
this offering, we have applied to list our common stock on the Nasdaq Capital Market under the symbol “VELO”. We
believe that upon the completion of this offering, we will meet the standards for listing on the Nasdaq Capital Market, and the
closing of this offering is contingent upon receiving conditional approval from Nasdaq of such listing. No assurance can be
given that our listing application will be approved or, if we receive approval, that a trading market will develop or be sustained.
The sale prices of our common stock on the OTCQX may not be indicative of the prices of our common stock when traded on the Nasdaq
Capital Market. If our listing application is not approved, we will not consummate this offering.

We are an “emerging growth company”
and a “smaller reporting company” as defined under federal securities laws and, as such, may elect to comply with certain
reduced public company reporting requirements.

Additionally, we expect that we
will be a “controlled company” under the rules of The Nasdaq Stock Market LLC (“Nasdaq”) upon listing
on the Nasdaq Capital Market, as Arun Jeldi and affiliated entities, our current controlling stockholder and Chief Executive Officer,
controls a majority of the total voting power of our common stock. As of August 5, 2025, Mr. Arun beneficially owned approximately 88% of our outstanding shares of common stock. See “Management–Controlled Company Status Under Nasdaq Rules”
on page 86