Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 288

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 288
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.1 million in interest expense, respectively, related to the Secured Notes. The effective interest rate was 8.7% for the three and six months ended June 30, 2025.

The future minimum aggregate payments for the above borrowings are equal to the quarterly payments made using the Repayment Price, are as follows as of June 30, 2025:

Schedule of Future Minimum Aggregate Payments

|                                                                           |     | (In thousands) |        |   |
|:--------------------------------------------------------------------------|:----|:---------------|-------:|:--|
| Remainder of 2025                                                         |     | $              | 17,613 |   |
| 2026                                                                      |     |                |  6,122 |   |
| Total                                                                     |     | $              | 23,735 |   |
| Less: Amount of debt discount to be amortized subsequent to June 30, 2025 |     |                |   (231 | ) |
| Less: Amount of interest to be accrued subsequent to June 30, 2025        |     |                | (1,029 | ) |
| Debt as of June 30, 2025                                                  |     | $              | 22,475 |   |

Note 10. Equity Instruments

Common stock

Our authorized share capital consists of 500,000,000 shares of common stock, par value $0.00001 per share, and 10,000,000 shares of preferred stock, par value $0.00001 per share. As of June 30, 2025, we had 14,067,416 shares of common stock outstanding. The holders of common stock are entitled to one vote for each share held of record on all matters submitted to a vote of the stockholders but are not entitled to cumulative voting rights, are entitled to receive ratably such dividends as may be declared by the Company’s Board of Directors out of funds legally available therefor subject to preferences that may be applicable to any shares of redeemable convertible preferred stock currently outstanding or issued in the future, are entitled to share ratably in all assets remaining after payment of liabilities and the liquidation preference of any then outstanding redeemable convertible preferred stock in the event of the Company’s liquidation, dissolution, or winding up, have no preemptive rights and no right to convert their common stock into any other securities, and have no redemption or sinking fund provisions applicable to the common stock.

April 2024 Securities Purchase Agreement