Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 205

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 205
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 common share and a common warrant that
comprise each such combination. For U.S. federal income tax purposes, each holder of our commons shares and common warrants must allocate
the purchase price paid by such holder for such securities between the one of our common shares and the one common warrant based on the
relative fair market value of each at the time of issuance. Under U.S. federal income tax law, each investor must make its own determination
of such value based on all the relevant facts and circumstances. The price allocated to each common share and one common warrant should
constitute the holder’s initial tax basis in such share and common warrant, respectively.

The purchase price for each
combination of a Pre-Funded Warrant and a common warrant will be allocated between these two components in proportion to their relative
fair market values at the time such securities are purchased by the U.S. Holder. For U.S. federal income tax purposes, each holder of
our Pre-Funded Warrants and common warrants must allocate the purchase price paid by such holder for such securities between the one of
our Pre-Funded Warrants and the one common warrant based on the relative fair market value of each at the time of issuance. Under U.S.
federal income tax law, each investor must make its own determination of such value based on all the relevant facts and circumstances.
The price allocated to each Pre-Funded Warrant and one common warrant should constitute the holder’s initial tax basis in such Pre-Funded
Warrant and common warrant, respectively.

The foregoing treatment
of our common shares, Pre-Funded Warrants and common warrants and a holder’s purchase price allocation are not binding on the IRS
or the courts. No assurance can be given that the IRS or the courts will agree with the characterization described above or the discussion
below. Accordingly, each prospective investor is urged to consult its tax advisor regarding the tax consequences of an investment in our
securities. The balance of this discussion assumes that the characterization of the securities described above is respected for U.S.
federal income tax purposes.

U.S. Holders

If we pay distributions in
cash or other property (other than certain distributions of our stock or rights to acquire our stock) to U.S. Holders of our common shares,
such distributions will constitute dividends for U.S. federal income tax purposes to the extent paid from our current or accumulated earnings
and profits, as determined under U.S. federal income tax principles. Distributions in excess of current and accumulated earnings and profits