Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 32

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 32
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 Veea’s ability to provide effective
services is largely dependent on our ability to attract, train, and retain qualified personnel with experience in supporting customers
on platforms such as Veea’s platforms. The number of Veea’s customers has grown significantly, and that growth has and may
continue to put additional pressure on its services teams. Veea may be unable to respond quickly enough to accommodate short-term increases
in customer demand for its support and maintenance services. Veea also may be unable to modify the future scope and delivery of its support
and maintenance services to compete with changes in the services provided by its competitors. Increased customer demand for support, without
corresponding revenue, could increase costs and negatively affect Veea’s business and results of operations. In addition, as Veea
continues to grow its operations and expand outside of the United States, Veea needs to be able to provide efficient services that meet
its customers’ needs globally at scale, and its services teams may face additional challenges, including those associated with operating
the platforms and delivering support, training, and documentation in languages other than English and providing services across expanded
time-zones. If Veea is unable to provide efficient support and maintenance services globally at scale, its ability to grow its operations
may be harmed, and Veea may need to hire additional services personnel, which could negatively impact its business, financial condition,
and results of operations.

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Veea’s customers typically need training
in the proper use of and the variety of benefits that can be derived from its platforms to maximize the potential of its platforms. If
Veea does not effectively deploy, update, or upgrade its platforms, succeed in helping its customers quickly resolve post-deployment issues,
and provide effective ongoing services, Veea’s ability to sell additional products and services to existing customers could be adversely
affected, Veea may face negative publicity, and its reputation with potential customers could be damaged. Many enterprise and government
customers require higher levels of service than smaller customers. If Veea fails to meet the requirements of the larger customers, it
may be more difficult to execute on its strategy to increase its penetration with larger customers. As a result, Veea’s failure
to maintain high quality services may have a material adverse effect on its business, financial condition, results of operations, and
growth prospects.

Real or perceived errors, failures, defects, or bugs in Veea’s platforms could adversely affect its results of operations and growth prospects.

Because Veea