Velo3D, a leading metal additive manufacturing company, has announced a significant financial event involving the offering of 36,000,000 shares of common stock, accompanied by warrants to purchase up to an additional 36,000,000 shares. The offering is structured such that each share of common stock will be sold with one warrant, immediately separable upon issuance but purchased together. The public offering price per share and accompanying warrant is set at $0.50. The warrants are exercisable at a price of $0.565 per share and will expire five years from the date of issuance. This prospectus supplement, along with the accompanying prospectus, also covers the shares of common stock issuable upon the exercise of the warrants sold in this offering. Velo3D's common stock is listed on the New...Show More

Velo3D, a leading metal additive manufacturing company, has announced a significant financial event involving the offering of 36,000,000 shares of common stock, accompanied by warrants to purchase up to an additional 36,000,000 shares. The offering is structured such that each share of common stock will be sold with one warrant, immediately separable upon issuance but purchased together. The public offering price per share and accompanying warrant is set at $0.50. The warrants are exercisable at a price of $0.565 per share and will expire five years from the date of issuance. This prospectus supplement, along with the accompanying prospectus, also covers the shares of common stock issuable upon the exercise of the warrants sold in this offering. Velo3D's common stock is listed on the New York Stock Exchange under the symbol 'VLD.' As of December 27, 2023, the closing sale price of Velo3D's common stock was $0.63 per share. The company does not intend to apply for a listing of the warrants on any national securities exchange. Velo3D is classified as an 'emerging growth company' and a 'smaller reporting company' under federal securities laws, subject to reduced public company reporting requirements. The offering is expected to close on or about December 29, 2024, subject to customary closing conditions. A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering. The placement agent has agreed to use their reasonable best efforts to sell the securities offered by this prospectus supplement and will be compensated with a fee based on the aggregate proceeds raised in this offering.