Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 59

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 59
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, inter partes review and post-grant review proceedings before the USPTO or oppositions and other comparable
proceedings in foreign jurisdictions.

Numerous
U.S. and foreign issued patents and pending patent applications owned by third parties exist in the fields in which Veea is commercializing
or plan to commercialize Veea’s products and in which Veea is developing other proprietary technologies. As the technology industry
expands and more patents are issued, the risk increases that Veea’s products and commercializing activities may give rise to claims
of infringement of the patent rights of others. Veea cannot assure you that Veea’s products and other proprietary technologies
Veea may develop will not infringe existing or future patents owned by third parties. Veea may not be aware of patents that have already
been issued and that a third party, for example, a competitor in the fields in which Veea is developing Veea’s products, might
assert as infringed by us. It is also possible that patents owned by third parties of which Veea is aware or patents that may issue in
the future from patent applications owned by third parties of which Veea is aware, but which Veea does not believe Veea infringes or
that Veea believes Veea has valid defenses to any claims of patent infringement, could be found to be infringed by us, such as in connection
with one or more of Veea’s products. In addition, because patent applications can take many years to issue, and the scope of any
patent claims that may ultimately issue are difficult to predict, there may be currently pending patent applications that may later result
in issued patents that Veea may infringe and that, as a result, could harm Veea’s business.

In
the event that any third-party claims that Veea infringes their patents or that Veea is otherwise employing their proprietary technology
without authorization and initiates litigation against us, even if Veea believes such claims are without merit, a court of competent
jurisdiction could hold that such patents are valid, enforceable and infringed by us. In this case, the holders of such patents may be
able to block Veea’s ability to commercialize the infringing products or technologies unless Veea obtains a license under the applicable
patents, or until such patents expire or are finally determined to be held invalid or unenforceable. Such a license may not be available
on commercially reasonable terms or at all. Even if Veea is able to obtain