Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 169

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 169
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 entered into an amendment to the Satisfaction Agreement, dated June 20, 2024, between the parties (as amended, the “Polar Agreement”). Pursuant to the Polar Agreement, all obligations of Plum and the Plum Sponsor owed to Polar pursuant to certain subscription agreements were deemed satisfied upon (i) the transfer from Plum Sponsor to Polar of 50,000 unrestricted shares of Common Stock, (ii) the transfer from Plum Sponsor to Polar of 1,381,904 shares of Common Stock subject to a lock-up period as described below, and (iii) the transfer from Plum Sponsor to Polar of 293,302 shares of Common Stock subject to forfeiture if the conditions applicable to the Earnout Shares are not satisfied during the Earnout Period.

On September 13, 2024, in connection with the consummation of the Business Combination, Plum and Polar entered into an amendment to the Polar Lock-Up Agreement, dated June 25, 2024, between the parties (as amended, the “Polar Lock-Up Agreement”). Pursuant to the Polar Lock-Up Agreement, Polar agreed not to effect any sale or distribution of the 1,381,904 shares transferred from the Plum Sponsor for a four-month period following the Closing, subject to certain exceptions as described in the Polar Lock-Up Agreement.

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PLAN OF DISTRIBUTION</div>

The selling securityholder,
which as used herein includes donees, pledgees, transferees, distributees, or other successors-in-interest selling shares of our Common
Stock or interests in our Common Stock received after the date of this prospectus from the selling securityholder as a gift, pledge,
distribution, or other transfer, may, from time to time, sell, transfer, distribute, or otherwise dispose of certain of its shares of
Common Stock or interests in our Common Stock on any stock exchange, market, or trading facility on which shares of our Common Stock,
are traded or in private transactions. These dispositions may be at fixed prices, at prevailing market prices at the time of sale, at
prices related to the prevailing market prices, at varying prices determined at the time of sale, or at negotiated prices.

The selling securityholder
may use any one or more of the following methods when disposing of its securities or interests therein:

| ● | ordinary                                                                                
 brokerage transactions and transactions in which the broker-dealer solicits purchasers; |

| ● | one                             
 or more underwritten offerings; |

| ● | block                                                                                            
 trades in which the broker