Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003888
Chunk: 103

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 103
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 | )% |
| Other income and (expense):                  |     |                         |             |   |     |   |             |   |     |        |            |   |     |     |        |    |
| Interest income                              |     |                         |       1,942 |   |     |   |       9,000 |   |     |        |     (7,058 | ) |     |     |    (78 | )% |
| Foreign currency gain (loss)                 |     |                         |   1,284,846 |   |     |   |  (2,193,685 | ) |     |        |  3,478,531 |   |     |     |   (159 | )% |
| Other Income, net                            |     |                         |      59,982 |   |     |   |           - |   |     |        |     59,982 |   |     |     |   (100 | )% |
| Paycheck protection program loan forgiveness |     |                         |           - |   |     |   |   1,238,145 |   |     |        |  1,238,145 |   |     |     |     NM |    |
| Other expense                                |     |                         |     (21,857 | ) |     |   |     (50,041 | ) |     |        |     28,184 |   |     |     |    (56 | )% |
| Interest Expense                             |     |                         |  (5,318,817 | ) |     |   |  (8,575,756 | ) |     |        |  3,256,939 |   |     |     |    (38 | )% |
| Total other income and expense               |     |                         |  (3,993,904 | ) |     |   |  (9,572,337 | ) |     |        |  5,578,433 |   |     |     |    (58 | )% |
| Net loss                                     |     | $                       | (15,638,589 | ) |     | $ | (35,200,039 | ) |     | $      | 19,561,450 |   |     |     |    (56 | )% |

Revenue, net

The Company generated revenue
of $9.1 million and $0.2