Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 210

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 210
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 redeemable
except 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