Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 263

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 263
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, on Veea’s systems or Veea’s partners’
systems, or if Veea suffers a ransomware or advanced persistent threat attack, or if any of the foregoing is reported or perceived to
have occurred, Veea’s reputation and business could be damaged. If the sensitive information is lost or improperly disclosed or
threatened to be disclosed, Veea could incur significant liability and be subject to regulatory scrutiny and penalties, including costs
associated with remediation. Veea is also required to comply with ever-more stringent privacy regulations, the violation of which can
lead to financial penalties and reputational injury.

Risks
Related to Compliance with Law, Government Regulation and Litigation

Veea
could experience penalties and adverse rulings in enforcement or other proceedings for non-compliance with laws, rules and regulations
governing its business (e.g., frequency certifications).

Compliance
with changed laws, rules or regulations may subject Veea to increased costs or reduced products and services demand. Compliance failures
as well as required operational changes could have a material adverse impact on Veea, including its reputation, business, financial condition,
results of operations, cash flows or prospects.

Further,
Veea develops many of its products and services based on existing laws, rules, regulations and technical standards. Changes to existing
laws, rules, regulations and technical standards, or the implementation of new laws, rules, regulations and technical standards relating
to products and services not previously regulated, could adversely affect Veea’s development efforts by increasing compliance costs
and causing delay. Regulatory changes related to e.g., license fees, environment, health and safety, privacy (including the cross-border
transfer of personal data for example between the EU and the US), and other regulatory areas may increase costs and restrict Veea’s
operations.

37

Veea is subject to certain US, international laws, rules, policies
and other obligations, including anti-corruption (including anti-bribery, anti-money-laundering, sanctions, terror finance and anti-terrorism)
laws, rules and regulations.

Veea
is subject to U.S. and international laws and regulations in multiple areas, including data protection, anticorruption, labor relations,
tax, foreign currency, anti-competition, import, export and trade regulations, and Veea is subject to a complex array of federal, state
and international laws relating to the collection, use, retention, disclosure, security and transfer of personally identifiable information.
In many cases, these laws apply not only to transfers between unrelated third-part