Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 58

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 58
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tax returns by tax authorities in the U.S. and various foreign jurisdictions, which may disagree with Veea’s calculation of research
and development tax credits, cross-jurisdictional transfer pricing, or other matters and assess additional taxes, interest or penalties.
While Veea regularly assesses the likely outcomes of these examinations to determine the adequacy of Veea’s provision for income
taxes and Veea believes that its financial statements reflect adequate reserves to cover any such contingencies, there can be no assurance
that the outcomes of such examinations will not have a material impact on Veea’s results of operations and cash flows. If U.S. or
other foreign tax authorities change applicable tax laws, Veea’s overall taxes could increase, and Veea’s financial condition
or results of operations may be adversely impacted.

Veea could become involved in lawsuits, legal proceedings and investigations which, if determined unfavorably, could require Veea to pay substantial damages, fines and/or penalties.

In the normal course of
Veea’s business Veea could become involved in legal proceedings, including such matters as commercial disputes, claims
regarding intellectual property, antitrust, tax and labor disputes, as well as government inquiries and investigations. Legal
proceedings can be expensive, lengthy and disruptive to normal business operations. Moreover, the results of complex legal
proceedings are difficult to predict. An unfavorable resolution of a particular matter could have a material adverse effect on
Veea’s business, operating results, financial condition and reputation. As a publicly listed company, Veea may be exposed to
lawsuits in which plaintiffs allege that Veea or its officers have failed to comply with securities laws, stock market regulations
or other laws, regulations or requirements. Whether or not there is merit to such claims, the time and costs incurred to defend Veea
and its officers and the potential settlement or compensation to the plaintiffs could have significant impact on Veea’s
reported results and reputation.

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Veea may fail to comply with environmental, social and governance standards, which could negatively affect Veea, including its reputation, business, financial condition, results of operations, cash flows or prospects.

Veea is subject to environmental, social and governance
laws, rules and regulations as well as sustainability and corporate responsibility requirements, and Veea expect such laws, rules, regulations
and other requirements to increase as governments impose new laws, rules, regulations or other requirements. These laws, rules, regulations
and other requirements have a