Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 64

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 64
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 regulations applicable to public
companies are expected to make it more expensive for Veea to obtain and maintain director and officer liability insurance, and Veea may
be required to accept reduced coverage or incur substantially higher costs to obtain coverage. The amount or timing of additional costs
that Veea may incur to respond to these requirements cannot be estimated or predicted. The potential for increased personal liability
could also make it more difficult for Veea to attract and retain qualified members of the Board, particularly to serve on its audit committee
and compensation committee, and qualified executive officers.

The unaudited Pro Forma financial information included elsewhere in this prospectus may not be indicative of what Veea’s actual financial position or results of operations would have been.

Plum and Private Veea operated as separate companies
and had no prior history as a combined entity, and Plum’s and Private Veea’s operations have not previously been managed on
a combined basis. The Pro Forma financial information included in this prospectus is presented for informational purposes only and is
not necessarily indicative of the financial position or results of operations that would have actually occurred had the Business Combination
been completed at or as of the dates indicated, nor is it indicative of the future operating results or financial position of Veea. The
Pro Forma statement of operations does not reflect future nonrecurring charges resulting from the Business Combination. The unaudited
Pro Forma financial information does not reflect future events that may occur after the Business Combination and does not consider potential
impacts of future market conditions on revenues or expenses. The Pro Forma financial information included in the section entitled “Unaudited Pro Forma Condensed Combined Financial Information” has been derived from Plum’s and Private Veea’s historical financial
statements and certain adjustments and assumptions have been made regarding Private Veea after giving effect to the Business Combination.
There may be differences between preliminary estimates in the Pro Forma financial information and the final acquisition accounting, which
could result in material differences from the Pro Forma information presented in this prospectus in respect of the estimated financial
position and results of operations of Veea.

In addition, the assumptions used in preparing
the Pro Forma financial information may not prove to be accurate and other factors may affect Veea’s financial condition or results
of operations following the Closing. Any potential decline in Veea’s financial condition or results of operations may cause significant
variations in Veea’s stock price.

Veea is an emerging growth company and a smaller reporting company within the meaning of