X0202 SCHEDULE 13G/A 0001535264 XXXXXXXX LIVE 2 Common Stock, $0.00001 per share 03/31/2026 0001825079 Velo3D, Inc. 92259N302 2710 LAKEVIEW CT FREMONT CA 94538 Rule 13d-1(b) AWM Investment Company, Inc. DE 1978009.00 0.00 1978009.00 0.00 1978009.00 7.5 IA AWM Investment Company, Inc., a Delaware Corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP), Special Situations Cayman Fund, L.P. (Cayman), Special Situations Technology Fund, L.P. (TECH) and Special Situations Technology Fund II, L.P. (TECH II), (SSFQP, Cayman, TECH and TECH II will hereafter be referred to as the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 132,654 shares of Common Stock of the Issuer (the Shares) held by SSFQP, 238,653 Shares held by Cayman, 278,006 Shares held by TECH and 1,328,696 Shares held by TECH II. Velo3D, Inc. 2710 LAKEVIEW CT, FREMONT, CALIFORNIA, 94538 The person filing this report is AWM Investment Company, Inc., a Delaware corporation (AWM), which is the investment adviser to Special Situations Cayman Fund, L.P., a Cayman Islands Limited Partnership (CAYMAN), Special Situations Fund III QP, L.P., a Delaware limited partnership (SSFQP), Special Situations Technology Fund, L.P., a Delaware limited partnership (TECH) and Special Situations Technology Fund II, L.P., a Delaware limited partnership (TECH II), (CAYMAN, SSFQP, TECH and TECH II, will hereafter be referred to as the Funds). The principal business of each Fund is to invest in equity and equity-related securities and other securities of any kind or nature. David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are members of: SSCayman, L.L.C., a Delaware limited liability company (SSCAY), the general partner of CAYMAN; MGP Advisers Limited Partnership, a Delaware limited partnership (MGP), the general partner of SSFQP and SST Advisers, L.L.C., a Delaware limited liability company (SSTA), the general partner of TECH and TECH II. Greenhouse and Stettner are also controlling principals of AWM. 527 Madison Avenue, Suite 2600 New York, NY 10022 AWM is a Delaware Corporation Y 1,978,009 7.5% AWM Investment Company, Inc., a Delaware Corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP), Special Situations Cayman Fund, L.P. (Cayman), Special Situations Technology Fund, L.P. (TECH) and Special Situations Technology Fund II, L.P. (TECH II). As the investment adviser to the Funds, AWM holds sole voting power over 132,654 shares of Common Stock of the Issuer (the Shares) held by SSFQP, 238,653 Shares held by Cayman, 278,006 Shares held by TECH and 1,328,696 Shares held by TECH II. Greenhouse and Stettner are also controlling principals of AWM. 0 AWM Investment Company, Inc., a Delaware Corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP), Special Situations Cayman Fund, L.P. (Cayman), Special Situations Technology Fund, L.P. (TECH) and Special Situations Technology Fund II, L.P. (TECH II). As the investment adviser to the Funds, AWM holds sole investment power over 132,654 shares of Common Stock of the Issuer (the Shares) held by SSFQP, 238,653 Shares held by Cayman, 278,006 Shares held by TECH and 1,328,696 Shares held by TECH II. Greenhouse and Stettner are also controlling principals of AWM. 0 Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. AWM Investment Company, Inc. Adam Stettner 05/04/2026