Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 177

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 177
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 number
of shares of the common stock to be received upon exercise of the public warrants, including the “fair market value” in such
case. Requiring a cashless exercise in this manner will reduce the number of shares to be issued and thereby lessen the dilutive effect
of a warrant redemption. the Company believes this feature is an attractive option if it does not need the cash from the exercise of
the public warrants after the Business Combination. If the Company calls the public warrants for redemption and it does not take advantage
of this option, the holders of the SPAC Private Placement Warrants and their permitted transferees would still be entitled to exercise
their SPAC Private Placement Warrants for cash or on a cashless basis using the same formula described above that other public warrant
holders would have been required to use had all warrant holders been required to exercise their warrants on a cashless basis, as described
in more detail below.

A holder of a public warrant
may notify the Company in writing in the event it elects to be subject to a requirement that such holder will not have the right to exercise
such public warrant, to the extent that after giving effect to such exercise, such person (together with such person’s affiliates),
to the warrant agent’s actual knowledge, would beneficially own in excess of 4.9% or 9.8% (as specified by the holder) of the shares
of the common stock outstanding immediately after giving effect to such exercise.

If the number of outstanding
shares of the common stock is increased by a share capitalization payable in the common stock, or by a split-up of the common stock or
other similar event, then, on the effective date of such share capitalization, split-up or similar event, the number of shares of the
common stock issuable on exercise of each public warrant will be increased in proportion to such increase in the outstanding the common
stock. A rights offering to holders of the common stock entitling holders to purchase the common stock at a price less than the fair
market value will be deemed a share capitalization of a number of the common stock equal to the product of (i) the number of shares of
the common stock actually sold in such rights offering (or issuable under any other equity securities sold in such rights offering that
are convertible into or exercisable for the common stock) and (ii) the quotient of (x) the price per share of the common stock paid in
such rights offering and (y)