Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 212

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 212
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 |     |             |       - |   |     |          |      - |     |             |      |     |           |         |
| Forfeited or cancelled                              |     |             |       - |   |     |          |      - |     |             |      |     |           |         |
| Balances as of December 31, 2022                    |     |             | 385,531 |   |     |          | 0.0001 |     |             | 4.68 |     |           | 277,544 |
| Granted                                             |     |             |       - |   |     |          |      - |     |             |      |     |           |         |
| Exercised                                           |     |             | (40,000 | ) |     |          | 0.0001 |     |             |      |     |           |  28,796 |
| Forfeited or cancelled                              |     |             |       - |   |     |          |      - |     |             |      |     |           |         |
| Balances as of December 31, 2023                    |     |             | 345,531 |   |     | $        | 0.0001 |     |             | 3.68 |     | $         | 615,011 |
| Options vested and exerciseable - December 31, 2023 |     |             | 345,531 |   |     | $        | 0.0001 |     |             | 3.68 |     | $         | 615,011 |
| Options vested and exerciseable - December 31, 2022 |     |             | 385,531 |   |     | $        | 0.0001 |     |             | 4.68 |     | $         | 277,544 |

The Company had no stock
compensation expense related to the 2014 Plan stock options for the years ended December 31, 2023 and 2022. The Company had
no unrecognized expense related to unvested options outstanding as of December 31, 2023.

Veea Inc. 2018 Equity Incentive Plan

On September 6, 2018,
the Company’s Board of Directors adopted the Veea Inc. 2018 Equity Incentive Plan (“2018 Plan”). Upon adoption of the
2018 Plan 4,