Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 36

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 36
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, or the need to procure or develop
alternative sources of the affected materials or services might delay Veea’s ability to serve our customers. These events could
materially and adversely affect Veea’s ability to retain and attract customers, and have a material negative impact on Veea’s
operations, business, financial results and financial condition.

Veea’s reliance on
third-party manufacturers also exposes Veea to the following risks over which it has limited control:

| ● | unexpected                                   
 increases in manufacturing and repair costs; |

| ● | inability                                                            
 to control the timing, quality and reliability of finished products; |

| ● | inability                      
 to control delivery schedules; |

| ● | liability                                                                                    
 for expenses incurred by third-party manufacturers in reliance on forecasts that later prove 
 to be inaccurate, including the cost of components purchased by third-party manufacturers    
 on Veea’s behalf;                                                                            |

| ● | industry                                                                                    
 consolidation and divestitures, which may result in changed business and product priorities 
 among certain suppliers.                                                                    |

| ● | lack                                                                                 
 of adequate capacity to manufacture all or a part of the products Veea requires; and |

| ● | labor                                                                                   
 unrest affecting the ability of the third-party manufacturers to produce Veea products. |

Veea depends on its management team and other key employees, and the loss of one or more of these employees or an inability to attract and retain highly skilled employees could adversely affect its business.

Veea’s future success
depends, in part, on Veea’s ability to continue to attract and retain highly skilled personnel. The loss of the services of any
of our key personnel, the inability to attract or retain qualified personnel, or delays in hiring required personnel, particularly in
engineering and sales, may seriously and adversely affect Veea’s business, financial condition and results of operations. Although
Veea has entered into employment or consulting agreements with certain of Veea’s personnel, their employment is generally for no
specific duration.

Veea’s future performance
also depends on the continued services and continuing contributions of Veea’s senior management team, which include Allen Salmasi,
Veea’s Founder and Chief Executive Officer to execute on Veea’s business plan and to identify and pursue new opportunities
and product innovations. Veea has not entered into an employment agreement with Mr. Salmasi. The loss of services of Veea’s
senior management team, particularly Veea’s Chief Executive Officer could significantly delay or prevent the achievement of Veea’s
development and strategic objectives,