Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 246

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 246
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 |           - |   |
| Conversion of vendor payable to Common Stock                                 |     | $                  |   3,422,028 |   |     | $    |   1,920,124 |   |
| Conversion of principal on convertible notes to preferred stock - Series A-1 |     | $                  |           - |   |     | $    |   8,993,240 |   |
| Conversion of interest on convertible notes to preferred stock - Series A-1  |     | $                  |           - |   |     | $    |   1,955,957 |   |
| Private Veea Warrants issued with term note payable                          |     | $                  |           - |   |     | $    |   1,682,750 |   |
| Conversion of notes payable to Series A-2 Preferred Shares                   |     | $                  |           - |   |     | $    |   3,076,274 |   |
| Supplemental cash flow information                                           |     |                    |             |   |     |      |             |   |
| Interest paid                                                                |     | $                  |     504,431 |   |     | $    |     892,336 |   |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.

F-29

Veea Inc. and Subsidiaries
Notes to the Consolidated Financial Statements
For the Years ended December 31, 2024 and 2023</div>

1 - DESCRIPTION OF BUSINESS

The Company is a provider of edge computing and communications devices (i.e., “VeeaHub®” devices), applications and services hosted on its edge Platform-as-a-Service (“ePaaS”). Veea Edge Platform ePaaS is an end-to-end platform that is both locally- and cloud-managed. VeeaHub® products are converged computing and communications (i.e., hyperconverged) indoor and outdoor devices, about the size of a Wi-Fi Access Point (AP), that provide for networking and computing solutions for AI-assisted applications and solutions at the edge where people, places, and things connect to the network.

Veea Edge Platform™ provides for highly secure connectivity, computing, and IoT solutions through full stack platform for digital transformation of industries as well as unserved or underserved communities that lack Internet connectivity and essential applications and services. It further enables the formation of highly secure, but easily accessible, private clouds