Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003888
Chunk: 208

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 208
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 implied yield available on the date of grant on U.S. Treasury zero-coupon securities issued
with a term that is equal to the option’s expected term at the grant date.

Expected Volatility- The
Company estimates the volatility for option grants by evaluating the average historical volatility of a peer group of companies for the
period immediately preceding the option grant for a term that is approximately equal to the option’s expected term.

Expected Term- The
expected term represents the period over which options granted are expected to be outstanding using the simplified method, as the Company’s
historical share option exercise experience does not provide a reasonable basis upon which to estimate the expected term. The simplified
method deems the term to be the average of the time-to-vesting and contractual life of the stock-based awards.

Dividend Yield- The
Company has not declared or paid dividends to date and does not anticipate declaring dividends. As such, the dividend yield has been
estimated to be zero.

Warrants

The table below represents
the activity related to the Company’s equity-classified warrants during the years ended December 31, 2023 and 2022:

|                                |     | Number of      
 Common Stock - 
 Warrant        
 Shares         |           |     | Weighted 
 Average  
 Exercise 
 Price    |      |     | Number of 
 Preferred 
 Stock -   
 Warrant   
 Shares    |            |   |     | Weighted 
 Average  
 Exercise 
 Price    |       |   |
|:-------------------------------|:----|:---------------|----------:|:----|:---------|-----:|:----|:----------|-----------:|:--|:----|:---------|------:|:--|
| Outstanding, December 31, 2021 |     |                | 3,560,000 |     | $        | 0.01 |     |           |          - |   |     |          |     - |   |
| Granted                        |     |                |   320,000 |     | $        | 0.01 |     |           |          - |   |     |          |     - |   |
| Exercised                      |     |                |         - |     |          |    - |     |           |          - |   |     |          |     - |   |
| Forfeited or cancelled         |     |                |         - |     |          |    - |     |           |          - |   |     |