Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 3

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 3
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| ● | 1,102,847 shares of Common Stock issued at the Closing of the Business Combination, in satisfaction of certain obligations owed related to the issuance of certain of the New Financing Securities; |
| ● | 180,000                                                                                                                                                                                             
 shares of Common Stock issuable upon conversion of certain subordinated convertible promissory                                                                                                      
 notes issued at the Closing of the Business Combination; and                                                                                                                                        |

| ● | 238,961  shares of Common                                                                  
 Stock issued or issuable upon exercise of warrants held by NewField Capital Partners, LLC. |

The selling securityholders can sell, under this prospectus, up to 36,202,798 shares of our Common Stock, which constitutes approximately 87.5% of the number of shares of Common Stock outstanding as of January 7, 2025. Sales of a substantial number of our shares of Common Stock in the public market by the selling securityholders and/or by our other existing securityholders, or the perception that those sales might occur, could increase the volatility of and cause a significant decline in the market price of our securities and could impair our ability to raise capital through the sale of additional equity securities. See “- Sales of a substantial number of our securities in the public market by the selling securityholders and/or by our existing securityholders could cause the price of our shares of Common Stock and Warrants to fall.”

All the securities offered in this prospectus
by the selling securityholders may be resold for so long as the registration statement, of which this prospectus forms a part, is available
for use. The sale of all or a portion of the securities being offered in this prospectus could result in a significant decline in the
public trading price of our securities. Despite such a decline in the public trading price, some of the selling securityholders may still
experience a positive rate of return on the securities they purchased due to the price at which such selling securityholder initially
purchased the securities.

We are registering the securities for resale pursuant
to the selling securityholders’ registration rights under certain agreements between us, on the one hand, and the selling securityholders,
on the other hand, subject to certain exceptions. Our registration of the securities covered by this prospectus does not mean that the
selling securityholders will offer or sell any of the securities registered for resale.

We will receive the proceeds from any exercise
of the Private Placement Warrants for cash, but not from the net share exercise of any Private Placement Warrants on a