Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 175

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 175
---
 it would result in White Lion and its affiliate beneficially owning more than 4.99% of its outstanding voting power or shares
of common stock at any one point in time, or the aggregate number of shares of common stock would not exceed 19.99% of the voting power
of the issued and outstanding common.

As of May 31, 2025, the Company had sold a total
of 358,000 shares of common stock under the ELOC Program.

<div align='center'>DESCRIPTION OF OUR SECURITIES</div>

The following description summarizes certain important terms of our capital stock, including the provisions included in our Charter, Bylaws, Certificate of Designation and the Warrant Agreement. This description is not complete and is qualified by reference to the full text of our Charter, Bylaws, Certificate of Designation and the Warrant Agreement, which are included as exhibits to the registration statement of which this prospectus is a part, as well as the applicable provisions of the DGCL.

<div align='center'>101</div>

Authorized and Outstanding Capital Stock

The Charter authorizes the
issuance of 551,000,000 shares of capital stock, consisting of (i) 550,000,000 shares of the common stock and (ii) 1,000,000 shares
of the preferred stock.

As of June 30, 2025, Veea
had 40,693,259 shares of common stock issued and outstanding, as well as 6,384,284 public warrants, 5,256,218 SPAC Private Placement Warrants
and 156,960 Assumed Warrants.

Common Stock

Voting Rights

Holders of the common stock
will be entitled to cast one vote per share. Generally, holders of all classes of the common stock vote together as a single class, and
an action is approved by the stockholders if the number of votes cast in favor of the action exceeds the number of votes cast in opposition
to the action, subject to certain exceptions, while directors are elected by a plurality of the votes cast. Holders of the common stock
will not be entitled to cumulate their votes in the election of directors.

Dividend rights

Subject to the rights of
the holders of the Preferred Stock and any other provisions of the Charter, as it may be amended from time to time, holders of the common
stock will be entitled to receive such dividends and other distributions in cash, stock or property of the Company when,