Company: VEEAW
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001213900-25-074676
Chunk: 86

Company: VEEA INC.
Filing Date: 2025-08-12
Form: S-1/A
Chunk 86
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 share to our existing stockholders and immediate dilution of $1.69 per share to new investors purchasing the securities at the proposed public offering price. It excludes the shares issued and proceeds received, if any, from the exercise of any common warrants issued in this offering. The following table illustrates the dilution in net tangible book value per share to new investors as of March 31, 2025 on a pro forma basis:

| Assumed public offering price per share                                                |     | $ |       |   |     |   |  1.45 |   |
| Historical net tangible book value per share at March 31, 2025 (pro forma - reflecting 
 the issuance of 4,451,901 shares of common stock subsequent to March 31, 2025)         |     | $ | (0.49 | ) |     |   |       |   |
| Increase in net tangible book value per share to the existing                          
 stockholders on a pro forma basis attributable to this offering.                       |     | $ |  0.25 |   |     |   |       |   |
| Pro forma as adjusted net tangible book value per share after                          
 this offering                                                                          |     |   |       |   |     | $ | (0.24 | ) |
| Dilution in net tangible book value per share to new investors                         
 on a pro forma as adjusted basis                                                       |     |   |       |   |     | $ |  1.69 |   |

45 Each $0.25 increase (decrease) in the assumed public offering price of $1.45 per share, would increase (decrease) our pro forma as adjusted net tangible book value per share to existing investors by $0.03, and would increase (decrease) dilution per share to new investors in this offering by $0.22, assuming that the number of shares offered by us, as set forth on the cover page of this prospectus, remains the same, and after deducting the estimated placement agent fees and estimated offering expenses payable by us. We may also increase or decrease the number of securities to be issued in this offering. Each increase of one (1) million shares offered by us would increase our pro forma as adjusted net tangible book value per share by $0.04 and would decrease the dilution per share to new investors purchasing securities in this offering by $0.04 assuming that the assumed public offering price remains the same, and after deducting placement agent fees and