Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 265

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 265
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 capital stock of Private Veea immediately prior to the closing will have the contingent right to receive up to 4.5 million additional shares of the Company’s common stock if certain trading-price based milestones of the Company’s common stock are achieved or a change of control transaction occurs during the ten-year period following the Closing.

Under accounting principles, the Company’s
obligation to issue the earnout shares is recorded as a contingent liability (the “Earn-out Share Liability”) in the Company’s
financial statements and the initial value of the Earn-out Share Lability is recorded as a transaction cost within operating expense
in the Company’s financial statements. For each subsequent reporting period, changes in the fair value of the Earn-out Share Liability
will be reported in the Company’s financial statements.

Veea Transaction related expenses

The below table represents the amount of Veea Inc. related transaction expenses included in operating expenses for the year ended December 31, 2024:

|                      |     | December 
 31,      
 2024     |           |
|:---------------------|:----|:---------|----------:|
| Legal expenses       |     | $        | 1,000,000 |
| Professional fees    |     |          |   413,544 |
| Listing fee - NASDAQ |     |          |    25,000 |
| Total                |     | $        | 1,438,544 |

5 - BALANCE SHEET COMPONENTS

Inventory, net

Inventory consists of the following:

|                     |     |   |  December 
       31, 
      2024 |   |     |   |   December 
        31, 
       2023 |   |
|:--------------------|:----|:--|----------:|:--|:----|:--|-----------:|:--|
| Inventory           |     | $ | 7,377,966 |   |     | $ |  7,392,919 |   |
| Inventory allowance |     |   |  (904,653 | ) |     |   | (1,145,548 | ) |
| Consigned parts     |     |   |   985,927 |   |     |   |  1,128,250 |   |
| Total               |     | $ | 7,459,240 |   |     | $ |  7,375,621 |   |

<div align='center'>F-42

Veea