Velo3D (VLD) Registration Filing summary

Company overview and business model

• Delivers integrated hardware and software for additive manufacturing (3D printing) of high-value metal parts using proprietary laser powder bed fusion technology, enabling complex geometries without redesign or extra assembly.

• Targets OEMs and contract manufacturers in space, aviation, defense, automotive, energy, and industrial sectors seeking lighter, stronger, and more reliable parts with lower costs and shorter lead times.

• Employs a “land and expand” strategy, with customers typically validating technology with one machine before expanding adoption.

Use of proceeds and capital allocation

• Will not receive any proceeds from the sale of shares by selling stockholders; all proceeds go to the selling stockholders.

• Company bears registration and compliance costs, while selling stockholders pay commissions and discounts on their sales.

Risk factors and disclosures

• Faces risk of NYSE delisting due to non-compliance with market capitalization and stockholders’ equity requirements; currently in a cure period to regain compliance.

• Significant cash required to service outstanding notes; may need additional financing, which could be dilutive or on unfavorable terms.

• Failure to generate sufficient cash flow or obtain financing could force asset sales, reduced investment, or debt restructuring.