Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003888
Chunk: 90

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 90
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 marketing offices in Paris, France and Mexico City, Mexico.

Employees

As of September 30, 2024,
we employed 45 full-time employees. None of our employees are represented by a collective bargaining agreement, nor have we experienced
any work stoppage. We consider our relations with our employees to be satisfactory. Our future success depends on our continuing ability
to attract and retain highly qualified employees and senior management personnel. In addition, we have independent contractors whose
services we are using on an as-needed basis to assist with our sales and marketing activities and engineering activities.

Legal Proceedings

From time to time, we may
be subject to legal proceedings and claims in the ordinary course of business. We are not presently a party to any legal proceedings
that are expected to have a material adverse impact on our financial position, results of operations or cash flows, nor have we been
to date since inception.

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MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS</div>

The following discussion and analysis of the financial condition and results of operations of Veea should be read together with the “Business” section and our unaudited consolidated condensed financial statements for the three and nine months ended September 30, 2024 and 2023, our audited financial statements as of the years ended December 31, 2023 and 2022, and related notes and other information included elsewhere in this prospectus.

In addition to our historical consolidated financial information, this discussion includes forward-looking information regarding our business, results of operations and cash flows, and contractual obligations and arrangements that involve risks, uncertainties, and assumptions. Our actual results may differ materially from any future results expressed or implied by such forward-looking statements as a result of various factors, including, but not limited to, those discussed in the sections of this prospectus entitled “Cautionary Statement Regarding Forward-Looking Information” and “Risk Factors” included elsewhere in this prospectus.

Unless the context otherwise requires, references in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” to “Veea,” “we”, “us”, “our”, and the “Company” are intended to refer to (i) following the Business Combination, the business and operations of Veea Inc. and its consolidated subsidiaries, and (ii) prior to the Business Combination, Private Veea (the predecessor entity in existence prior to the consummation of the Business Combination) and its consolidated subsidiaries.