Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 46

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 46
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 of not issuing and could provoke third parties to assert claims against us. Veea or Veea’s licensors may not prevail in
any lawsuits that Veea or Veea’s licensors initiate and, if Veea or Veea’s licensors prevail, the damages or other remedies
awarded, if any, may not be commercially meaningful. Accordingly, Veea’s efforts to enforce Veea’s intellectual property rights
around the world may be inadequate to obtain a significant commercial advantage from the intellectual property that Veea develop or license.

Many jurisdictions also have compulsory licensing
laws under which a patent owner may be compelled to grant licenses to third parties, and many jurisdictions limit the enforceability of
patents against government agencies or government contractors. In these jurisdictions, the patent owner may have limited remedies, which
could materially diminish the value of such patents. If Veea or any of Veea’s licensors is forced to grant a license to third parties
with respect to any patents relevant to Veea’s business, Veea’s competitive position may be impaired, and Veea’s business,
financial condition, results of operations and prospects may be adversely affected.

Issued patents covering products Veea may develop could be found invalid or unenforceable if challenged in court or before administrative bodies in the U.S. or abroad.

Veea’s owned and licensed patent rights
may be subject to priority, validity, inventorship and enforceability disputes. If Veea or Veea’s licensors are unsuccessful in
any of these proceedings, such patent rights may be narrowed, invalidated or held unenforceable. The foregoing could have a material adverse
effect on Veea’s business, financial condition, results of operations and prospects.

For example, if Veea or one of Veea’s licensors
initiate legal proceedings against a third party to enforce a patent covering any of Veea’s products or Veea’s technology,
the defendant could counterclaim that the patent is invalid or unenforceable. In patent litigation in the U.S., defendant counterclaims
alleging invalidity or unenforceability are commonplace. Grounds for a validity challenge could be an alleged failure to meet any of several
statutory requirements, including lack of novelty, obviousness, lack of written description or non-enablement. Grounds for an unenforceability
assertion could be an allegation that someone connected with prosecution of the patent withheld information material to patentability
from the USPTO, or made a misleading statement, during prosecution. Third parties also may raise similar