Company: VEEAW
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001213900-25-074676
Chunk: 184

Company: VEEA INC.
Filing Date: 2025-08-12
Form: S-1/A
Chunk 184
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.S. federal income tax purposes and a U.S. Holder of pre-funded warrants should generally be taxed in the same manner as a holder of common shares except as described below. Accordingly, no gain or loss should be recognized upon the exercise of a pre-funded warrant and, upon exercise, the holding period of the common shares received upon exercise of the Pre-Funded Warrant should include the holding period of the pre-funded warrants. The tax basis of the pre-funded warrant should carry over to the common shares received upon exercise, increased by the exercise price of $0.001 per share. However, such characterization is not binding on the IRS, and the IRS may treat the pre-funded warrants as warrants to acquire common shares. If so, the amount and character of a U.S. Holder’s gain with respect to an investment in pre-funded warrants could change. Accordingly, each U.S. Holder should consult its own tax advisor regarding the risks associated with the acquisition of a pre-funded warrant pursuant to this prospectus (including potential alternative characterizations). The balance of this discussion generally assumes that the characterization described above is respected for U.S. federal income tax purposes. U.S. Federal Income Tax Consequences of the Acquisition of a Combination of Shares of Common Stock or Pre-Funded Warrant and Common Warrant The purchase price for each combination of a common share and a common warrant will be allocated between these two components in proportion to their relative fair market values at the time such securities are purchased by the U.S. Holder. This allocation of the purchase price for each such combination will establish a U.S. Holder’s initial tax basis for U.S. federal income tax purposes in the common share and a common warrant that comprise each such combination. For U.S. federal income tax purposes, each holder of our common shares and common warrants must allocate the purchase price paid by such holder for such securities between the one of our common shares and the one common warrant based on the relative fair market value of each at the time of issuance. Under U.S. federal income tax law, each investor must make its own determination of such value based on all the relevant facts and circumstances. The price allocated to each common share and one common warrant should constitute the holder’s initial tax basis in such share and common warrant, respectively. The purchase price for each combination of a pre-funded warrant and a common warrant will be allocated between these two components in proportion to their relative fair market values at the time such securities are purchased by the U.S. Holder. For U.S. federal income tax purposes,