Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 847

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 847
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 2024 Plan, subject to increase by the lesser of three percent (3%) of the aggregate number of fully diluted
shares of Veea outstanding on the final day of the immediately preceding calendar year or such smaller number of shares as is determined
by the administrator of the 2024 Plan. The following table sets forth certain information about the securities authorized for issuance
under our incentive plans as of December 31, 2024.

    Plan Category 
    Number of securities to be issued upon exercise of outstanding options, warrants and rights  
    Weighted- average exercise  price of outstanding options, warrants and rights  
    Number of granted restricted stock  awards outstanding  
    Number of securities remaining available for future issuance under equity compensation plans 
  
    Equity compensation plans approved by security holders (1) 
     4,196,282(2)  
    $          1.04(3)  
     405,580  
     111,636 
  
    Equity compensation plans not approved by security holders (4) 
     -  
     -  
     -  
     - 

     4,196,282  
    $1.04  
     405,580  
     111,636 

    (1)
    Includes the Veea Inc. 2024 Equity Incentive Plan For further detail on our equity compensation plans, please See Note 10 - Stock Incentive Plans to the financial statements included elsewhere in this Annual Report.

(2)Includes
                                            405,580 shares subject to outstanding RSUs.

(3)The
                                            weighted average exercise price relates solely to outstanding stock option shares since shares
                                            subject to RSUs have no exercise price.

(4)We
                                            do not have equity compensation plans not approved by our stockholders.

Recent
Sales of Unregistered Securities

During
the year ended December 31, 2024, all sales of unregistered securities by the Company have been previously reported on a Form 8-K or
Form 10-Q. 

Issuer
Purchases of Equity Securities

We
did not repurchase any of our equity securities during the period covered by this Annual Report.

ITEM
6. [RESERVED]

52

ITEM
7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

The
following discussion and analysis of the financial condition and results of operations of Veea should