Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 63

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 63
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 being a public company.

As a publicly traded company,
Veea will incur significant legal, accounting, and other expenses that Veea was not required to incur prior to the closing of the Business
Combination, particularly after it is no longer an “emerging growth company.” In addition, new and changing laws, regulations,
and standards relating to corporate governance and public disclosure, including changing regulations of the SEC and Nasdaq, have created
uncertainty for public companies and have increased the costs and the time that Veea’s Board and management must devote to compliance.
Furthermore, the need to establish the corporate infrastructure demanded of a public company may divert Veea’s management’s
attention from implementing its growth strategy, which could negatively affect Veea’s business, results of operations, and financial
condition.

The rules and regulations applicable to public companies are expected to make it more expensive for Veea to obtain and maintain director and officer liability insurance, which could adversely affect its ability to attract and retain qualified officers and directors.

The rules and regulations
applicable to public companies are expected to make it more expensive for Veea to obtain and maintain director and officer liability
insurance, and Veea may be required to accept reduced coverage or incur substantially higher costs to obtain coverage. The amount or
timing of additional costs that Veea may incur to respond to these requirements cannot be estimated or predicted. The potential for increased
personal liability could also make it more difficult for Veea to attract and retain qualified members of the Board, particularly to serve
on its audit committee and compensation committee, and qualified executive officers.

The unaudited Pro Forma financial information included elsewhere in this prospectus may not be indicative of what Veea’s actual financial position or results of operations would have been.

Plum and Private Veea operated
as separate companies and had no prior history as a combined entity, and Plum’s and Private Veea’s operations have not previously
been managed on a combined basis. The Pro Forma financial information included in this prospectus is presented for informational purposes
only and is not necessarily indicative of the financial position or results of operations that would have actually occurred had the Business
Combination been completed at or as of the dates indicated, nor is it indicative of the future operating results or financial position
of Veea. The Pro Forma statement of operations does not reflect future nonrecurring charges resulting from the Business Combination.
The unaudited Pro Forma financial information does not reflect future events that may occur after the Business Combination and does not
consider