Company: VEEAW
Filing Date: 2025-08-06
Form Type: S-1/A
Source: 0001213900-25-072342
Chunk: 206

Company: VEEA INC.
Filing Date: 2025-08-06
Form: S-1/A
Chunk 206
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 |     |   | 537,052 |
|                                                    |     | $ | 898,052 |

7 - DEBT

Total outstanding debt of the Company
is comprised of the following, including convertible notes and other related party debt:

| March 31, 2025           |     | Principal |            |     | Debt     
 Discount |          |   |     | Accrued  
 Interest |   |     | Total |            |
|:-------------------------|:----|:----------|-----------:|:----|:---------|:---------|:--|:----|:---------|:--|:----|:------|-----------:|
| Revolving Loan Facility  |     | $         | 14,000,000 |     | $        | -        |   |     | $        | - |     | $     | 14,000,000 |
| Convertible note payable |     |           |    750,000 |     |          | (422,321 | ) |     |          | - |     |       |    327,679 |
| Total                    |     | $         | 14,750,000 |     |          | (422,321 | ) |     |          |   |     | $     | 14,327,679 |

| December 31, 2024        |     | Principal |            |     | Debt     
 Discount |            |   |     | Accrued  
 Interest |   |     | Total |            |
|:-------------------------|:----|:----------|-----------:|:----|:---------|:-----------|:--|:----|:---------|:--|:----|:------|-----------:|
| Revolving Loan Facility  |     | $         | 12,700,000 |     | $        | -          |   |     | $        | - |     | $     | 12,700,000 |
| Convertible note payable |     |           |  1,200,000 |     |          | (1,102,684 | ) |     |          | - |     |       |     97,316 |
| Total                    |     | $         | 13,900,000 |     | $        | (1,102,684 | ) |     | $        | - |     | $     | 12,797,316 |

Revolving Loan Facility

In June 2021