Company: VEEAW
Filing Date: 2025-12-04
Form Type: DEF 14A
Source: 0001213900-25-118382
Chunk: 12

Company: VEEA INC.
Filing Date: 2025-12-04
Form: DEF 14A
Chunk 12
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| Aggregate Number of Shares of Common Stock Outstanding* |     |                                  |     | 50,100,819 |     |                                             | 25,050,410 |     |                                             | 5,010,082 |     |                                                | 2,505,041 |

| * | The                                                                   
 Reverse Stock Split is not part of a broader plan to take us private. |

8 Reasons for the Reverse Stock Split; the Nasdaq Requirements for Continued Listing The Board’s primary objective in proposing a potential Reverse Stock Split is to raise the per share trading price of our common stock. Our common stock currently trades on the Nasdaq Global Market under the symbol “VEEA.” In order to maintain our listing on the Nasdaq Global Market we may be required to effect the Reverse Stock Split so that our listed shares trade equal to or above US $1.0 per share for a minimum of 10 consecutive business days prior to March 30, 2026. The closing trading price of our common stock on December 1, 2025 was $0.46. On September 29, 2025, the Company, received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC, notifying the Company that, because the closing bid price for its common stock has fallen below $1.00 per share for 30 consecutive business days, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Global Market under Nasdaq Lising Rule 5550(a)(2). The notice has no immediate effect on the listing of the Company’s common stock, par value $0.0001, and publicly tradable warrants on the Nasdaq Global Market and the common stock and the publicly traded warrants will continue to trade on The Nasdaq Global Market under the symbols “VEEA” and “VEEAW,” respectively, at this time. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or until March 30, 2026, to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the closing bid price of the Company’s common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive business days prior to March 30, 2026. In addition, the Reverse Stock Split would increase the availability of such shares, which could then be issued upon conversion or exercise of our outstanding convertible securities for grants under our currently effective