Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 263

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 263
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 for the registration, under the Securities Act, of the shares of Common
Stock issuable upon exercise of the warrants, and the Company will use its commercially reasonable efforts to cause the same to become
effective within business days after the closing of the Business Combination, and to maintain the effectiveness of such registration
statement and a current prospectus relating to those shares of Common Stock until the warrants expire or are redeemed, as specified in
the warrant agreement, provided that if the shares of Common Stock are at the time of any exercise of a warrant not listed on a national
securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the
Securities Act, the Company may, at its option, require holders of the Public Warrants who exercise their warrants to do so on a “cashless
basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, it will not be
required to file or maintain in effect a registration statement, but the Company will use its commercially reasonably efforts to register
or qualify the shares under applicable blue sky laws to the extent an exemption is not available. If a registration statement covering
the shares of Common Stock issuable upon exercise of the warrants is not effective by the 60th day after the closing of the Business Combination,
warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have
failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of
the Securities Act or another exemption, but the Company will use its commercially reasonably efforts to register or qualify the shares
under applicable blue sky laws to the extent an exemption is not available. In such event, each holder would pay the exercise price by
surrendering the warrants for that number of shares of Common Stock equal to the lesser of

In no event will the Company be required
to net cash settle any warrant. In the event that a registration statement is not effective for the exercised warrants, the purchaser
of a unit containing such warrant will have paid the full purchase price for the unit solely for the shares of Common Stock underlying
such Warrant.

<div align='center'>F-58

Veea Inc. and Subsidiaries

Notes to the Condensed Consolidated Financial Statements

For the Three and Nine Months Ended September 30, 2024 and