Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 21

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 21
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 or revised financial accounting standards until private companies (that is, those that have not had a registration statement under the Securities Act declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. We have not elected to opt out of such extended transition period, which means that when a standard is issued or revised and it has different application dates for public or private companies, we, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of our consolidated financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. Smaller Reporting Company Additionally, we are a “smaller reporting company” as defined in Item 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced disclosure obligations, including, among other things, providing only two years of audited financial statements. To the extent we take advantage of such reduced disclosure obligations, it may also make comparison of our financial statements with other public companies difficult or impossible. Summary Risk Factors You should carefully read this prospectus and especially consider the factors discussed in the section entitled “ Risk Factors.” Some of the risks related to the Company are summarized below. Unless the context otherwise requires, all references in this subsection to the “we,” “us” or “our” refer to the business of the Company.

| ● | Veea has not generated significant revenue from product sales,                                                                         
 has incurred significant losses in recent years, and anticipates that it will continue to incur significant losses for the foreseeable 
 future;                                                                                                                                |

| ● | Veea will need to raise substantial additional funding, which                                                                        
 would dilute existing shareholders, and a failure to secure additional funding would force the combined company to delay, reduce, or 
 eliminate some of its product development programs or commercialization efforts;                                                     |

| ● | The market for Veea’s platform and products is relatively                                                                     
 new and highly competitive and the estimates of market opportunity and forecasts of market growth may prove to be inaccurate; |

| ● | Veea may be unable to effectively manage its growth