Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 36

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 36
---
 business could fail to grow for a variety of reasons, including reasons outside of
our control, such as competition in our industry.

21

Veea
may be unable to effectively manage growth.

For
Veea to succeed, it may need to undergo significant expansion. There can be no assurance that it will achieve this expansion. Additionally,
expansion may place a significant strain on Veea’s management, operational and financial resources. There can be no assurance that
Veea’s current and planned personnel, systems, procedures and controls will be adequate to support its future operations at any
increased level. Veea’s ability to manage such growth effectively will require Veea to develop and improve operational, management
and financial systems and controls and to hire, train, motivate and manage its employees and contractors. As a result, Veea is subject
to significant growth-related risks, including the risk that it will be unable to hire or retain the necessary personnel or acquire other
resources necessary to service such growth adequately. Veea’s failure to manage growth effectively could have a material adverse
effect on its business, results of operations and financial condition.

If
Veea does not develop enhancements to its services and introduce new services that achieve market acceptance, its growth, business, results
of operations and financial condition could be adversely affected.

Veea’s
ability to attract new clients and increase revenue from existing clients depends, in part, on its ability to enhance and improve its
existing offerings, increase adoption and usage of its offerings, and introduce new offerings. The success of any enhancements or new
offerings depends on several factors, including timely completion, adequate quality testing, actual performance quality, market accepted
pricing levels and overall market acceptance.

Enhancements
and new services that Veea develops may not be introduced in a timely or cost-effective manner, may contain errors or defects, may have
interoperability difficulties with its platform or other services or may not achieve the broad market acceptance necessary to generate
significant revenue. Furthermore, Veea’s ability to increase the usage of its services depends, in part, on the development of
new uses for its services, which may be outside of its control. If Veea is unable to successfully enhance its existing services to meet
evolving consumer requirements, increase adoption and usage of its services, develop new services, or if its efforts to increase the
usage of its services are more expensive than Veea expects, then its business, results of operations and financial condition would be
adversely affected.

Competition