Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 2

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 2
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 “Veea”), par value $0.0001
per share (the “Common Stock”), that have been or may be issued by us to White Lion pursuant to that certain Common Stock
Purchase Agreement, dated as of December 2, 2024, by and between us and White Lion (the “ELOC Purchase Agreement”), establishing
an equity line of credit. Such shares of our Common Stock include up to (i) 9,166,081 shares of Common Stock (assuming the shares to be
issued are sold at a price of $2.73 per share) that we may elect, in our sole discretion, to issue and sell to White Lion, from time to
time from and after the commencement date under the ELOC Purchase Agreement, and subject to applicable stock exchange rules and (ii) 27,498
shares of Common Stock issuable to White Lion as commitment shares under the ELOC Purchase Agreement (assuming a value of $2.73 per share).

The actual number of shares
of our Common Stock issuable will vary depending on the then-current market price of shares of our Common Stock sold to the selling stockholder
under the ELOC Purchase Agreement, but will not exceed the number set forth in the preceding sentences unless we file an additional registration
statement under the Securities Act of 1933, as amended (the “Securities Act”), with the U.S. Securities and Exchange Commission
(the “SEC”), See “The White Lion Equity Financing” for a description of the ELOC Purchase Agreement and “Selling
Stockholder” for additional information regarding White Lion.

We are registering the shares
on behalf of the selling stockholder, to be offered and sold by it from time to time. We are not selling any securities under this prospectus,
and will not receive any proceeds from the sale of Common Stock by the selling stockholder pursuant to this prospectus. We may receive
up to $25.0 million in aggregate gross proceeds from White Lion under the ELOC Purchase Agreement in connection with sales of the shares
of our Common Stock pursuant to the ELOC Purchase Agreement at varying purchase prices after the date of this prospectus. However, the
actual proceeds from White Lion may be less than this amount depending on the number of shares of our Common Stock sold and the price
at which the shares of our Common Stock are sold. The purchase price per share that White Lion will pay for shares of Common Stock purchased
from us under the ELOC Purchase Agreement will fluctuate based on