Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 183

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 183
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 Regulation No. 11971 as amended, unless an exception from those rules applies. Failure to comply with such rules may result in the sale of such securities being declared null and void and in the liability of the entity transferring the securities for any damages suffered by the investors.

Japan

The securities have not been and will not be registered under Article 4, paragraph 1 of the Financial Instruments and Exchange Law of Japan (Law No. 25 of 1948), as amended (the “FIEL”) pursuant to an exemption from the registration requirements applicable to a private placement of securities to Qualified Institutional Investors (as defined in and in accordance with Article 2, paragraph 3 of the FIEL and the regulations promulgated thereunder). Accordingly, the securities may not be offered or sold, directly or indirectly, in Japan or to, or for the benefit of, any resident of Japan other than Qualified Institutional Investors. Any Qualified Institutional Investor who acquires securities may not resell them to any person in Japan that is not a Qualified Institutional Investor, and acquisition by any such person of securities is conditional upon the execution of an agreement to that effect.

New Zealand

The shares of common stock offered hereby have not been offered or sold, and will not be offered or sold, directly or indirectly in New Zealand and no offering materials or advertisements have been or will be distributed in relation to any offer of shares in New Zealand, in each case other than:

| ● | to                                                                                              
 persons whose principal business is the investment of money or who, in the course of and        
 for the purposes of their business, habitually invest money;                                    |
| ● | to                                                                                              
 persons who in all the circumstances can properly be regarded as having been selected otherwise 
 than as members of the public;                                                                  |
| ● | to                                                                                              
 persons who are each required to pay a minimum subscription price of at least NZ$500,000        
 for the shares before the allotment of those shares (disregarding any amounts payable, or       
 paid, out of money lent by the issuer or any associated person of the issuer); or               |
| ● | in                                                                                              
 other circumstances where there is no contravention of the Securities Act 1978 of New Zealand   
 (or any statutory modification or reenactment of, or statutory substitution for, the Securities 
 Act 1978 of New Zealand).                                                                       |

| 113 |

<div align='center'>Confidential Treatment Requested by Velo3D, Inc.

Pursuant to 17 CFR