Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 37

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 37
---
 that later prove to be inaccurate, including the cost of 
 components purchased by third-party manufacturers on Veea’s behalf;                                                                  |

| ● | industry                                                                                                             
 consolidation and divestitures, which may result in changed business and product priorities among certain suppliers. |

| ● | lack                                                                                 
 of adequate capacity to manufacture all or a part of the products Veea requires; and |

| ● | labor                                                                                   
 unrest affecting the ability of the third-party manufacturers to produce Veea products. |

Veea depends on its management team and other key employees, and the loss of one or more of these employees or an inability to attract and retain highly skilled employees could adversely affect its business.

Veea’s future success depends, in part,
on Veea’s ability to continue to attract and retain highly skilled personnel. The loss of the services of any of our key personnel,
the inability to attract or retain qualified personnel, or delays in hiring required personnel, particularly in engineering and sales,
may seriously and adversely affect Veea’s business, financial condition and results of operations. Although Veea has entered into
employment or consulting agreements with certain of Veea’s personnel, their employment is generally for no specific duration.

Veea’s future performance also depends on
the continued services and continuing contributions of Veea’s senior management team, which include Allen Salmasi, Veea’s
Founder and Chief Executive Officer to execute on Veea’s business plan and to identify and pursue new opportunities and product
innovations. Veea has not entered into an employment agreement with Mr. Salmasi. The loss of services of Veea’s senior management
team, particularly Veea’s Chief Executive Officer could significantly delay or prevent the achievement of Veea’s development
and strategic objectives, which could adversely affect Veea’s business, financial condition and results of operations.

Veea may not be successful in continuing to attract and retain highly qualified employees to remain competitive.

Veea believes that Veea’s future success
largely depends on Veea’s continued ability to hire, develop, motivate and retain engineers and other qualified employees who develop
successful new products/solutions, support Veea’s existing product range and provide services to Veea’s customers and create
great customer experience.

Competition for highly qualified people in the
industries in which Veea operates remains intense. This competition is only further increased by the fact that other industries are looking
for similar talent. Veea is continuously striving to create a positive work experience for its employees. However, there are no