Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003888
Chunk: 74

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 74
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 incur additional costs associated with resolving such action in other jurisdictions, which could
harm Veea’s business, results of operations and financial condition. Furthermore, investors cannot waive compliance with the federal
securities laws and rules and regulations thereunder.

The Charter provides for indemnification of officers and directors of Veea at Veea’s expense, which may result in a significant cost to Veea and hurt the interests of its stockholders because corporate resources may be expended for the benefit of officers and/or directors.

The Charter and applicable
Delaware law provide for the indemnification of Veea’s directors and officers, under certain circumstances, against any liability,
action, proceeding, claim, demand, costs, damages or expenses, including legal expenses, whatsoever which they or any of them may incur
as a result of any act or failure to act in carrying out their functions in connection with Veea, other than such liability (if any)
that they may incur by reason of their own actual fraud, dishonesty, willful neglect or willful default. Veea will also bear the expenses
of such litigation for any of its directors or officers, upon such person’s undertaking to repay any amounts paid, advanced, or
reimbursed by Veea if it is ultimately determined that any such person shall not have been entitled to indemnification. This indemnification
policy could result in substantial expenditures by Veea that we will be unable to recoup.

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USE OF PROCEEDS</div>

All of the shares of Common
Stock offered by the selling securityholders will be sold by them for their respective accounts. We will not receive any of the proceeds
from these sales. The selling securityholders will pay any underwriting fees, discounts, selling commissions, stock transfer taxes, and
certain legal expenses incurred by such selling securityholders in disposing of their shares of Common Stock, and we will bear all other
costs, fees, and expenses incurred in effecting the registration of such securities covered by this prospectus, including, without limitation,
all registration and filing fees, Nasdaq listing fees, and fees and expenses of our counsel and our independent registered public accountants.

We will receive (i) up to an
aggregate of approximately $71.9 million from the exercise of all of the Private Placement Warrants assuming the exercise in full of
all such Private Placement Warrants for cash and (ii) up to an aggregate of approximately $1.6 million from the exercise of all of the
Assumed