Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 210

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 210
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 common shares, which will be treated as
described under “Non-U.S. Holders — Gain on Sale, Taxable Exchange or Other Taxable Disposition of Our Common Shares and Common
Warrants” below. In addition, if we determine that we are or are likely to be classified as a “United States real property
holding corporation” (see “Non-U.S. Holders — Gain on Sale, Taxable Exchange or Other Taxable Disposition of Our Common
Shares and Common Warrants” below), we will withhold 15% of any distribution that exceeds our current and accumulated earnings and
profits, including a distribution in redemption of our common shares. See also “Non-U.S. Holders — Possible Constructive Distributions”
for potential U.S. federal tax consequences with respect to constructive distributions.

Dividends that we pay to a
Non-U.S. Holder that are effectively connected with such Non-U.S. Holder’s conduct of a trade or business within the United States
(and, if a tax treaty applies, are attributable to a permanent establishment or fixed base maintained by the Non-U.S. Holder in the United States)
will not be subject to U.S. withholding tax, provided such Non-U.S. Holder complies with certain certification and disclosure requirements
(usually by providing an IRS Form W-8ECI). Instead, the effectively connected dividends will be subject to regular U.S. federal income
tax as if the Non-U.S. Holder were a U.S. resident, unless an applicable income tax treaty provides otherwise. A Non-U.S. Holder that
is a foreign corporation receiving effectively connected dividends may also be subject to an additional “branch profits tax”
imposed at a rate of 30% (or a lower treaty rate).

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Exercise, Lapse or Redemption of a Common Warrant

The U.S. federal income tax
treatment of a Non-U.S. Holder’s exercise of a warrant, or the lapse of a warrant held by a Non-U.S. Holder, generally will correspond
to the U.S. federal income tax treatment of the exercise or lapse of a warrant by a U.S. Holder, as described under “U.S. Holders
— Exercise, Lapse or Redemption of a Common Warrant” above, although to the extent a cashless exercise results in a taxable
exchange, the consequences would be similar to those described below under “Non-U.S. Holders — Gain on Sale, Taxable Exchange