Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 41

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 41
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| ● | increased                                                                                  
 difficulties in forecasting sales and financial results as well as increased volatility in 
 Veea’s reported results.                                                                   |

Veea’s operations in foreign countries expose us to certain risks inherent in doing business internationally, which may adversely affect Veea’s business, results of operations or financial condition.

Veea has revenue, operations, contract manufacturing arrangements in foreign countries that expose Veea to certain risks. For example, fluctuations in exchange rates may affect Veea’s revenue, expenses and results of operations as well as the value of Veea’s assets and liabilities as reflected in our financial statements. Veea is also subject to other types of risks, including the following:

| ● | protection                                  
 of intellectual property and trade secrets; |

| ● | tariffs,                                                                                       
 customs, trade sanctions, trade embargoes and other barriers to importing/exporting materials  
 and products in a cost-effective and timely manner, or changes in applicable tariffs or custom 
 rules;                                                                                         |

| ● | the                                                                              
 burden of complying with and changes in U.S. or international taxation policies; |

| ● | timing                                                                                   
 and availability of export licenses including authorization for the export of controlled 
 items;                                                                                   |

| ● | rising       
 labor costs; |

| ● | disruptions                                                           
 in or inadequate infrastructure of the countries where Veea operates; |

| ● | the                                                                    
 impact of public health epidemics on employees and the global economy; |

| ● | difficulties                       
 in collecting accounts receivable; |

| ● | difficulties                                           
 in staffing and managing international operations; and |

| ● | the                                                                   
 burden of complying with foreign and international laws and treaties. |

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Changes in international trade policies, tariffs and treaties affecting imports and exports may have a material adverse effect on our business operations and prospects.

Recently, the U.S. has implemented
a range of new tariffs and increases to existing tariffs. In response to the tariffs announced by the U.S., other countries have imposed,
are considering imposing new or increased tariffs on certain exports from the United States. There is currently significant uncertainty
about the future relationship between the United States and other countries with respect to trade policies, taxes, government regulations
and tariffs. and we cannot predict whether, and to what extent, current tariffs will continue or trade policies will change in the future.

Tariffs, or the threat of
tariffs or increased tariffs, could have a significant negative impact on our business as a result of our current relationships with
manufacturers