Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 210

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 210
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 is not
mandatorily redeemable in the event of a Deemed Liquidation that does not result in a dissolution of the Company. The redemption
features are contingent upon the occurrence of certain events which are under the control of the Company, therefore the Preferred Stock
is classified as permanent equity on the consolidated balance sheet.

Protective Provisions

The affirmative consent of at
least 66 2/3% of the outstanding Preferred Stock consenting or voting (as the case may be) together as a single class on an as converted
basis is required: (i) to liquidate, dissolve or wind-up the business and affairs of the Company, or consolidation or a Deemed Liquidation
Event, or consent to any of the foregoing; (ii) amend, alter or repeal any provision of the Certificate of Incorporation or Bylaws
in a manner that adversely affects the powers, preferences or special rights of the Preferred Stock; (iii) create, or authorize
the creation of, issue or obligate itself to issue shares of, any additional class or series of capital stock (or any security convertible
or exercisable or exchangeable for any class or series of capital stock) unless the same ranks junior to or pari passuwith the
Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company, the payment
of dividends, rights of redemption and voting rights, or increase the authorized number of shares of any series of Preferred Stock or
increase the authorized number of shares of any additional class or series of capital stock unless the same ranks junior to or pari passuwith the Preferred Stock with respect to the distribution of assets on the liquidation, dissolution or winding up of the Company,
the payment of dividends, rights of redemption and voting rights, or reclassify, alter or amend any existing class or series of capital
stock that is junior to, or pari passuwith, the Preferred Stock; or (iv) purchase or redeem (or permit any subsidiary to
purchase or redeem) or pay or declare any dividend or make any distribution on, any shares of capital stock of the Company other than
(i) redemptions of or dividends or distributions on the Preferred Stock as expressly authorized in the Certificate of Incorporation,
(ii) repurchases of stock from former employees, officers, directors, consultants or other persons who performed services for the
Company or any subsidiary pursuant to written agreements giving the Company the right to repurchase such security in connection with
the cessation of such employment or