Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 159

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 159
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 985,277 shares issuable upon exercise of SPAC Private Placement 
 Warrants.                                                                |

| 10) | Includes 973,358 shares issuable upon exercise of SPAC Private Placement 
 Warrants.                                                                |

| 11) | NLabs, an existing stockholder and an affiliate                                                                                                                                                                                                                                                         
 of the Company and the Company’s Chief Executive Officer, holds certain of outstanding non-convertible promissory notes in the aggregate                                                                                                                                                                
 principal amount of $3,176,000. The Company is expected to propose satisfying the payment of the outstanding notes, plus accrued interest                                                                                                                                                               
 of $3,239,096, with the issuance of 3,239,096 shares of common stock with accompanying common warrants in this offering, based on the                                                                                                                                                                   
 assumed offering price of 1.0 per share. The common warrants that NLabs received in this offering have not been included in the calculation                                                                                                                                                             
 of the beneficial ownership of NLabs.                                                                                                                                                                                                                                                                   |
|     | If NLabs accepts securities in this offering as payment and satisfaction in full of the outstanding promissory notes, upon completion of this offering, Allen Salmasi and NLabs would beneficially own, in the aggregate, approximately 45.3% and 34.6% of our outstanding capital stock, respectively. |

| 12) | Includes 1,517,644 shares issuable upon exercise of SPAC Private Placement 
 Warrants.                                                                  |

<div align='center'>CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS</div>

Certain Relationships and Related Person Transactions of Veea

Lease Arrangements

On March 1, 2014, Private
Veea entered into a sublease agreement with NLabs Inc., an affiliate of Private Veea’s CEO for office space for an initial term
of five years. In 2018, Private Veea renewed the sublease for an additional five-year term with all other terms and conditions of the
sublease remaining the same. The renewal term expired February 28, 2024 and was subsequently extended to December 31, 2025. Rent
for the office space is accrued and not paid in cash. The Company recognized rent expense of $61,200 for each of the three months ended
March 31, 2025 and 2024, which was classified as general and administrative expenses in the Company’s condensed consolidated statements
of operations and comprehensive income (loss). Accrued and unpaid rent expense included in the Company