Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 228

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 228
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 non-statutory stock options (“NSOs”), stock appreciation rights (“SARs”),
restricted shares, restricted stock units and other stock or cash-based awards that the Administrator determines are consistent with the
purpose of the 2024 Incentive Plan. As of March 31, 2025, the Company had approximately 1,259,370 shares available for grant.

<div align='center'>F-14</div>

On June 4, 2024, the stockholders of
the Company approved Veea Inc. 2024 Employee Stock Purchase Plan (the “ESPP”), which became effective upon the Closing. An
aggregate of 1,070,603 shares of Common Stock has been reserved for issuance or transfer pursuant to rights granted under the ESPP (“Aggregate
Number”). The Aggregate Number represented 3% of the aggregate number of shares of Common Stock outstanding immediately after the
Closing and is subject to increase each year over a ten-year period. The ESPP provides eligible employees with an opportunity to purchase
Common Stock from the Company at a discount through accumulated payroll deductions. The ESPP will be implemented through a series of offerings
of purchase rights to eligible employees. Under the ESPP, the Company’s Board of Directors may specify offerings but generally provides
for a duration of 12 months. The purchase price will be specified pursuant to the offering, but cannot, under the terms of the ESPP, be
less than 85% of the lower of the fair market value per share of the Common Stock on either the offering date or on the purchase date.
As of March 31, 2025, there have not yet been any offering periods available to purchase Common Stock under the ESPP.

In connection with the Business Combination,
each Private Veea option that was outstanding immediate prior to Closing, whether vested or unvested, was exchanged for a stock option
under the 2024 Plan (each an “Exchanged Option”) to acquire a number of shares of Common Stock equal to the product of (i)
the number of shares of Private Veea’s common stock subject to such Private Veea option immediately prior to the Business Combination
and (ii) the Exchange Ratio, at an exercise price per share equal to (A) the exercise price per share of such Private Veea option immediately
prior to the consummation of the Business Combination, divided by (B) the Exchange Ratio. Following the Business Combination, each Exchanged
Option continues to be governed by the same terms and conditions (