Company: VEEAW
Filing Date: 2025-08-06
Form Type: S-1/A
Source: 0001213900-25-072342
Chunk: 175

Company: VEEA INC.
Filing Date: 2025-08-06
Form: S-1/A
Chunk 175
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110 The Charter also provides that the Board shall have the power to make, repeal, alter, amend and rescind, in whole or in part, the Bylaws without the assent or vote of the stockholders in any manner not inconsistent with the laws of the State of Delaware or the Charter. The holders of at least two-thirds (66.67%) of the voting power of the outstanding shares of the common stock entitled to vote at an election of directors, voting together as a single class shall also have the power to alter, amend or repeal, in whole or in part, any provision of the Bylaws or to adopt any provision inconsistent therewith. Business Combinations Under Section 203 of the DGCL, a corporation will not be permitted to engage in a business combination with any interested stockholder for a period of three (3) years following the time that such interested stockholder became an interested stockholder, unless:

| (1) | prior to such time the board of directors                                                     
 of the corporation approved either the business combination or the transaction which resulted 
 in the stockholder becoming an interested stockholder;                                        |

| (2) | upon consummation of the transaction                                                              
 which resulted in the stockholder becoming an interested stockholder, the interested stockholder  
 owned at least 85% of the voting stock of the corporation outstanding at the time the transaction 
 commenced, excluding for purposes of determining the voting stock outstanding (but not the        
 outstanding voting stock owned by the interested stockholder) those shares owned (i) by persons   
 who are directors and also officers and (ii) employee stock plans in which employee participants  
 do not have the right to determine confidentially whether shares held subject to the plan         
 will be tendered in a tender or exchange offer; or                                                |

| (3) | at or subsequent to such time the business                                               
 combination is approved by the board of directors and authorized at an annual or special 
 meeting of stockholders, and not by written consent, by the affirmative vote of at least 
 66.67% of the outstanding voting stock which is not owned by the interested stockholder. |

Generally, a “business combination” includes a merger, asset or stock sale or other transaction resulting in a financial benefit to the interested stockholder. Subject to certain exceptions, an “interested stockholder” is a person who, together with that person’s affiliates and associates, owns, or within the previous three (3) years owned, 15% or more of the Company’s outstanding voting stock