Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 246

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 246
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 In response to the tariffs announced by the U.S., other countries have imposed, are considering
imposing new or increased tariffs on certain exports from the United States. There is currently significant uncertainty about the future
relationship between the United States and other countries with respect to trade policies, taxes, government regulations and tariffs.
and we cannot predict whether, and to what extent, current tariffs will continue or trade policies will change in the future.

Tariffs, or the threat of tariffs or increased
tariffs, could have a significant negative impact on our business as a result of our current relationships with manufacturers in China
and Taiwan. In addition, retaliatory tariffs could have a significant negative impact on our business overseas that rely on imports from
the United States, and our business in the United States that relies on exporting goods internationally. These tariffs and threats of
tariffs and other potential trade policy changes could lead to material adverse effects on our business operations and prospects. As a
result of tariffs or the threat of tariffs that may have a material impact on our business, it may be costly or impractical for us to
locate new customers, substitute suppliers for current suppliers and/or develop other business opportunities to mitigate the material
adverse effects of the tariffs.

We may not be able to adequately address the risks presented by these
tariffs or other potential trade policy changes. If we are unable to mitigate the material adverse effects, if any, presented by the tariffs,
our business prospects, results of operations and financial conditions may be materially adversely affected.

Disruptions
to the global supply chain may affect the timely manufacture and delivery of products.

Veea
is subject to variations and disruptions in the availability, price, and lead times for component parts for its products. During such
periods, Veea may experience longer than normal lead time for component parts. Increased costs as a result of excessive demand for parts.
In addition, contract manufacturers may be limited in terms of credit terms they can offer. This may require Veea to pay deposits in
advance of production, or to seek alternative financing. These problems may be compounded further by finite manufacturing capacity. The
impact to Veea and its customers is longer than expected product delivery schedules which has a direct effect on revenue recognition
and cash collection.

28

Ongoing
geopolitical and trade uncertainty from a range of factors may have a material adverse impact on Veea’s business, operations, business
prospects and consequently on operating results, financial conditions and Veea’s ability to meet Veea’s