Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 329

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 329
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 or will become exercisable within 60 days.

The percentage of beneficial ownership is based on 34,440,377 shares
of Common Stock issued and outstanding as of March 14, 2025.

In
accordance with SEC rules, shares of our Common Stock which may be acquired upon exercise of stock options or warrants which are currently
exercisable or which become exercisable within 60 days of the date of the Closing are deemed beneficially owned by the holders of such
options and warrants and are deemed outstanding for the purpose of computing the percentage of ownership of such person, but are not
treated as outstanding for the purpose of computing the percentage of ownership of any other person.

76

Unless
otherwise indicated, the business address of each of the entities, directors and executives in this table is 164 E. 83rd Street, New
York, New York, United States. Unless otherwise indicated and subject to community property laws and similar laws, the Company believes
that all parties named in the table below have sole voting and investment power with respect to all shares of Common Stock beneficially
owned by them.

    Name and Address of Beneficial Owners(1) 
     
    Number of
Shares of
Common
Stock

    %

    Directors and Executive Officers

    Allen Salmasi (2)

    18,877,959

    34.13
    %
  
    Janice K. Smith (3)

    147,868

     *

    Mark Tubinis (4)

    52,518

     *

    Douglas Maine (5)

    125,627

     *

    Helder Antunes (6)

    121,116

     *

    Michael Salmasi

    309,441

     *

    Kanishka Roy (7)

    3,217,278

    8.11
    %
  
    Gary Cohen

    81,116

     *

    Alan Black

    120,836

     *

    5% Stockholders

    NLabs Inc.

    12,148,921

    25
    %
  
    Salmasi 2004 Trust

    2,808,475

    7.16
    %
  
    Ursula Burns (8)

    2,071,207

    5.38
    %
  
    Mike Dinsdale (9)

    2,477,302