Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 274

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 274
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                  |     |  2,000,000 |   |
| Conversion of debt for Common Stock               |     |  3,147,970 |   |
| Conversion of Sponsor Notes for Common Stock      |     |    817,453 |   |
| Common Stock issued                               
 for services                                      |     |    857,052 |   |
| Common                                            
 Stock immediately after the Business Combination  |     | 35,661,757 |   |

The number of Veea shares was determined as follows:

|                                         |     | Private 
 Veea    
 Shares  |             |     | Veea         
 Shares after 
 conversion   
 ratio        |            |
| Private Veea Series A-2 Preferred       
 Stock                                   |     |         |  19,670,118 |     |              |  4,799,511 |
| Private Veea Series A-1 Preferred Stock |     |         |  41,179,790 |     |              |  8,078,761 |
| Private Veea Series A Preferred Stock   |     |         |  35,920,813 |     |              |  7,047,041 |
| Private Veea Common Stock               |     |         |   7,398,303 |     |              |  1,451,419 |
| Private Veea Common Stock               
 Warrants                                |     |         |   3,858,202 |     |              |    756,912 |
| Total                                   |     |         | 108,027,226 |     |              | 22,133,644 |

<div align='center'>F-41

Veea Inc. and Subsidiaries

Notes to the Consolidated Financial Statements

For the Years ended December 31, 2024 and 2023</div>

Public and private placement warrants

The 6,384,326 Public Warrants issued at the time of Plum’s initial public offering, and 6,256,218 warrants issued in connection with private placement at the time of Plum’s initial public offering (the “Private Placement Warrants”) remained outstanding and became warrants for the Company.

Earn-out Share Liability

Following the closing of the Business Combination, holders of certain capital stock of Private Veea immediately prior to the closing will have the contingent right to receive up to 4.5 million additional shares of the Company’s common stock if certain trading-price based milestones of the Company’s common stock are achieved or a change