Company: VEEAW
Filing Date: 2025-11-10
Form Type: PRE 14A
Source: 0001213900-25-107934
Chunk: 16

Company: VEEA INC.
Filing Date: 2025-11-10
Form: PRE 14A
Chunk 16
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 warrants (subject to certain adjustments and limitations), exercise of outstanding options or exercise or conversion of other securities convertible into, or exercisable or exchangeable for, shares of our common stock, and the exercise or conversion prices for these securities, will also be ratably adjusted in accordance with their terms as of the Effective Time. Effect on Registration Our common stock is currently registered under the Securities Act of 1933, as amended (the “ Securities Act”), and we are subject to the periodic reporting and other requirements of the Securities Exchange Act of 1934, as amended (the “ Exchange Act”). The proposed Reverse Stock Split will not affect the registration of our common stock. Fractional Shares Our Board of Directors does not currently intend to issue fractional shares of common stock in connection with the Reverse Stock Split. Therefore, we do not expect to issue fractional shares. In lieu of any fractional shares, we will issue to stockholders of record who would otherwise hold a fractional share because the number of shares of common stock they hold of record before the Reverse Stock Split is not evenly divisible by the Reverse Stock Split ratio that number of shares of common stock as rounded up to the nearest whole share. For example, if a stockholder holds 150.25 shares of common stock following the Reverse Stock Split, that stockholder will receive 151 shares of common stock. No stockholders will receive cash in lieu of fractional shares. 10 As of the Record Date, we had approximately 512 holders of record of our common stock (although we have significantly more beneficial holders). We do not expect the Reverse Stock Split and the rounding up of fractional shares to whole shares to result in a reduction in the number of record holders. We presently do not intend to seek any change in our status as a reporting company for federal securities law purposes, either before or after the Reverse Stock Split. Shares Held in Book-Entry and Through a Broker, Bank or Other Holder of Record The combination of, and reduction in, the number of our outstanding shares of common stock as a result of the Reverse Stock Split occurs automatically at the Effective Time without any additional action on the part of our stockholders. Upon the Reverse Stock Split, we intend to treat stockholders holding shares of our common stock in “street name” (that is, through a broker, bank or other holder of record) in the same manner as registered stockholders whose shares of our common stock are registered in their names. Brokers, banks or other holders of record will be instructed to effect the Reverse Stock Split for their beneficial