Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003888
Chunk: 198

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 198
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|:----------|------------------------:|:----|:-----------------|----------:|:----|:------|-----------:|:----|:----------|------------------------:|:----|:-----------------|----------:|:----|:------|-----------:|
|                                            |     | Principal |                         |     | Accrued Interest |           |     | Total |            |     | Principal |                         |     | Accrued Interest |           |     | Total |            |
| Revolving Loan Facility                    |     | $         |               9,000,000 |     | $                |         - |     | $     |  9,000,000 |     | $         |              14,000,000 |     |                  |           |     | $     | 14,000,000 |
| Convertible Notes, related party (Note 10) |     |           |                       - |     |                  |         - |     |       |          - |     |           |               9,069,516 |     |                  | 1,829,683 |     |       | 10,899,199 |
| Other related party debt (Note 10)         |     |           |              12,598,000 |     |                  | 2,272,993 |     |       | 14,870,993 |     |           |              10,350,000 |     |                  | 1,013,219 |     |       | 11,363,219 |
|                                            |     | $         |              21,598,000 |     | $                | 2,272,993 |     | $     | 23,870,993 |     | $         |              33,419,516 |     | $                | 2,842,902 |     | $     | 36,262,418 |

<div align='center'>F-20

Veea Inc. and Subsidiaries
Notes to Consolidated Financial Statements
Years Ended December 31, 2023 and 2022</div>

6 - DEBT (cont.)

Revolving Loan Facility

In June 2021, the Company
entered into a revolving loan agreement with First Republic Bank (the “Bank”) providing up to $14,000,000 of advances (the
“2021 Revolving Loan Agreement”). The advances accrue interest at a variable rate based on an index