Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 209

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 209
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 the Series A-1 Preferred Stock (subject,
in each case, to appropriate adjustment in the event of a stock split, stock dividend, combination, reclassification, or similar event).
After payment to the holders of the Series A-2 Preferred Stock and the holders of the Series A-1 Preferred Stock, the
Series A Preferred Stock is entitled to receive its liquidation preference from the proceeds of a liquidation, dissolution or winding
up before payment of available proceeds on the Series A Preferred Stock up to $1.54 per share (subject to appropriate adjustment
in the event of a stock split, stock dividend, combination, reclassification, or similar event). Thereafter, the Preferred Stock participates
pro rata with the Common Stock in the remaining proceeds.

<div align='center'>F-23

Veea Inc. and Subsidiaries
Notes to Consolidated Financial Statements
Years Ended December 31, 2023 and 2022</div>

8 - STOCKHOLDERS’ EQUITY (cont.)

Deemed Liquidation

The Series A-2 Preferred
Stock and the Series A-1 Preferred Stock are entitled to receive their respective liquidation preference, on a pro ratabasis,
from the proceeds of (1) a merger or consolidation that results in a change of control of the Company, (2) a sale or other
disposition of the assets of the Company and its subsidiaries (taken as a whole) or (3) a sale or other disposition of one or more
subsidiaries of the Company representing substantially all of the assets of the Company and its subsidiaries, taken as a whole (each
such transaction being, a “Deemed Liquidation”) before payment to the Series A Preferred Stock, up to $1.83 per share
for the Series A-2 Preferred Stock and up to $2.00 per share for the Series A-1 Preferred Stock (subject, in each case, to
appropriate adjustment stock split, stock dividend, combination, reclassification, or similar event). Thereafter, the Series A Preferred
Stock is entitled to receive its liquidation preference from the Deemed Liquidation before payment to the Common Stock up to $1.54 per
share (subject to appropriate adjustment in the event of a stock split, stock dividend, combination, reclassification, or similar event).
After payment to the Preferred Stock, the remaining proceeds of the Deemed Liquidation are payable to the Common Stock on a pro ratabasis.

Redemption

The Preferred Stock