Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 30

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 30
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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 may impact Veea’s results and its ability to operate profitably.

The markets in which Veea operates are competitive
in terms of price, functionality, service quality, customization, timing of development, and the introduction of new products and services.
Veea may encounter increased competition from new market entrants and alternative technologies. Veea’s competitors may implement
new technologies before Veea does, offer more attractively priced or enhanced products, services or solutions, or they may offer other
incentives that Veea does not provide. Some of Veea’s competitors may also have greater resources in certain business segments or
geographic areas than Veea does. In addition, industry convergence and consolidation could potentially result in stronger competitors
with greater resources and competitive advantages than Veea.

If Veea fails to compete effectively, this could
have a materially adverse effect on Veea’s revenues, financial condition, profitability and cash flows. Competitive forces may also
lead to reduced profit margins, loss of market share, and increased costs in research and development, manufacturing, and sales and marketing
expense.

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Veea’s sales efforts involve considerable time and expense and its sales cycle is often long and unpredictable.

Veea’s results of operations may fluctuate,
in part, because of the intensive nature of Veea’s sales efforts and the length and unpredictability of Veea’s sales cycle.
As part of Veea’s sales efforts, Veea invests considerable time and expense evaluating the specific organizational needs of its
potential customers and educating these potential customers about the technical capabilities and value of our platforms and services.
Veea often also provides its platforms to potential customers at no or low cost initially to them for evaluation purposes through short-term
pilot deployments of Veea’s platforms, and there is no guarantee that Veea will be able to convert customers from these short-term
pilot deployments to full revenue-generating contracts. The length of Veea’s sales cycle, from initial demonstration of its platforms
to sale of its platforms and services, tends to be long and varies substantially from customer to customer. Veea’s sales cycle often
lasts many