Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 731

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 731
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 stock purchase, recapitalization
or similar business combination with one or more businesses. As a result, previously existing internal controls are no longer applicable
or comprehensive enough as of the assessment date, because Plum Acquisition Corp. I’s operations prior to the Business Combination
were insignificant compared to those of the consolidated entity post-Business Combination. As a result, management was unable, without
incurring unreasonable effort or expense, to complete an assessment of our internal control over financial reporting as of December 31,
2024. Accordingly, we are excluding management’s report on internal control over financial reporting pursuant to Section 215.02
of the SEC Division of Corporate Finance’s Regulation S-K Compliance and Disclosure Interpretations.

Changes
in Internal Control over Financial Reporting

There
were no changes in our internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange
Act) during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.

ITEM
9B. OTHER INFORMATION.

During
the quarterly period ended December 31, 2024, none of our directors or officers (as defined in Rule 16a-1(f) promulgated under the Exchange
Act) adopted or terminated any “Rule 10b5-1 trading arrangement” or any “non-Rule 10b5-1 trading arrangement,”
as each term is defined in Item 408 of Regulation S-K.

ITEM
9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS.

Not
applicable.

65

PART
III 

ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

The following table sets forth the name and age as of March 14, 2025,
and position of the individuals who currently serve as directors and executive officers of the Company. The following also includes certain
information regarding the individual experience, qualifications, attributes and skills of our directors and executive officers as well
as brief statements of those aspects of our directors’ backgrounds that led us to conclude that they are qualified to serve as directors.

    Name
     
    Age 
     
    Position
  
    Executive
    Officers

    Allen Salmasi
     
    70
     
    Chief Executive Officer,
    Chairman of the Board
  
    Janice K. Smith