Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 222

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 222
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 |     |      |         - |   |
| Total                                                                  |     |                          |    27,917 |   |     |      |    36,076 |   |
| Total lease cost                                                       |     | $                        |   900,169 |   |     | $    | 1,053,577 |   |
| Cash paid for amounts included in the measurement of lease liabilities |     |                          |           |   |     |      |           |   |
| Operating cash flows from operating leases                             |     |                          |           |   |     |      |           |   |
| Other than related parties                                             |     | $                        |   354,691 |   |     | $    |   349,024 |   |
| Related parties                                                        |     |                          |         - |   |     |      |         - |   |
| Total                                                                  |     | $                        |   354,691 |   |     | $    |   349,024 |   |
| Weighted-average remaining lease term-operating leases                 |     |                          |           |   |     |      |           |   |
| Other than related parties                                             |     |                          | 1.3 years |   |     |      | 2.3 years |   |
| Related parties                                                        |     |                          |  .2 years |   |     |      | 1.2 years |   |
| Aggregate                                                              |     |                          | 1.2 years |   |     |      | 1.9 years |   |
| Weighted average discount rate-operating leases                        |     |                          |           |   |     |      |           |   |
| Other than related parties                                             |     |                          |      1.79 | % |     |      |      1.79 | % |
| Related parties                                                        |     |                          |     10.00 | % |     |      |     10.00 | % |
| Aggregate                                                              |     |                          |      3.07 | % |     |      |      5.29 | % |

<div align='center'>F-30

Veea Inc. and Subsidiaries
Notes to Consolidated Financial Statements
Years Ended December 31, 2023 and 2022</div>

11 - COMMITMENTS AND CONTINGENCIES (cont.)

Operating lease liabilities
are based on the net present value of the remaining lease payments over the