Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 79

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 79
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 provisions that could have the effect of
rendering more difficult, delaying, or preventing an acquisition deemed undesirable by the Board and therefore depress the trading price
of the common stock. These provisions could also make it difficult for stockholders to take certain actions, including electing directors
who are not nominated by the current members of the Board or taking other corporate actions, including effecting changes in Veea’s
management. Among other things, the Charter and Bylaws include provisions regarding:

| ● | providing                                                             
 for a classified board of directors with staggered, three-year terms; |

| ● | the                                                                                               
 ability of the Board to issue shares of preferred stock, including “blank check”                  
 preferred stock and to determine the price and other terms of those shares, including preferences 
 and voting rights, without stockholder approval, which could be used to significantly dilute      
 the ownership of a hostile acquirer;                                                              |

| ● | Veea’s                                                                                     
 Charter prohibits cumulative voting in the election of directors, which limits the ability 
 of minority stockholders to elect director candidates;                                     |

| ● | the                                                                                        
 limitation of the liability of, and the indemnification of, Veea’s directors and officers; |

| ● | removal                                                                                    
 of the ability of the stockholders to take action by written consent in lieu of a meeting; |

| ● | the                                                                                             
 requirement that a special meeting of stockholders may be called only by or at the direction    
 of the Board, the chairperson of the Board or the chief executive officer of Veea, which        
 could delay the ability of stockholders to force consideration of a proposal or to take action, 
 including the removal of directors;                                                             |

| ● | controlling                                                                                   
 the procedures for the conduct and scheduling of board of directors and stockholder meetings; |

| ● | the                                                                                            
 ability of the Board to amend the Bylaws, which may allow the Board to take additional actions 
 to prevent an unsolicited takeover and inhibit the ability of an acquirer to amend the Bylaws  
 to facilitate an unsolicited takeover attempt; and                                             |

| ● | advance                                                                                          
 notice procedures with which stockholders must comply to nominate candidates to the Board        
 or to propose matters to be acted upon at a stockholders’ meeting, which could preclude          
 stockholders from bringing matters before annual or special meetings of stockholders and         
 delay changes in the Board and also may discourage or deter a potential acquirer from conducting 
 a solicitation of proxies to elect the acquirer’s own slate of