Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 124

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 124
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 in fair value of convertible note option liability |     |                            |     59,000 |   |     |   |          - |   |     | $ |     59,000 |   |     |   |  100 | % |
| Change in fair value of warrant liabilities               |     |                            |    420,497 |   |     |   |          - |   |     | $ |    420,497 |   |     |   |  100 | % |
| Change in fair value of Earn-Out Share Liability          |     |                            | 10,530,000 |   |     |   |          - |   |     | $ | 10,530,000 |   |     |   |  100 | % |
| Other expense                                             |     |                            |      2,750 |   |     |   |     (2,836 | ) |     | $ |      5,586 |   |     |   | -197 | % |
| Interest expense                                          |     |                            |   (946,484 | ) |     |   |   (456,768 | ) |     | $ |   (489,716 | ) |     |   |  107 | % |
| Total other income (expense)                              |     |                            | 10,066,535 |   |     |   |   (457,020 | ) |     |   |            |   |     |   |      |   |
| Net income (loss)                                         |     | $                          |  4,299,052 |   |     | $ | (6,547,412 | ) |     |   |            |   |     |   |      |   |

Revenue, net

The Company generated revenue
of $14,262 and $16,770 for the three months ended March 31, 2025 and 2024, respectively. Revenue has been principally earned from paid
pilots for our VeeaHub devices. Our focus over the past several years has been on field testing and refining our product
to meet customer needs as well as market developments. As a result of these efforts, we expect revenue to grow over the next several
quarters through the sales of our hardware, licenses and subscriptions. We are especially focused in four principal market opportunities:
1) Digital Equity and Inclusion, 2) Energy and Sustainability solutions for Smart Buildings and Climate Smart Agriculture, 3