Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003888
Chunk: 63

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 63
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 impossible.

A significant portion of Veea’s total outstanding shares are restricted from immediate resale but may be sold into the market in the near future. This could cause the market price of the Common Stock to drop significantly, even if Veea’s business is doing well.

Sales of a substantial number
of shares of Veea’s Common Stock in the public market could occur at any time. These sales, or the perception in the market that
the holders of a large number of shares intend to sell shares, could reduce the market price of the Common Stock.

Although the Plum Sponsor
and certain of Veea’s stockholders are subject to certain restrictions regarding the transfer of the Common Stock, these shares
may be sold after the expiration or early termination of the respective applicable lock-ups under the Lock-Up Agreements. Upon the effectiveness
of this registration statement and as restrictions on resale end, the market price of the Common Stock could decline if the holders of
currently restricted shares sell them or are perceived by the market as intending to sell them.

Veea’s directors, executive officers and principal stockholders have substantial control over Veea, which could limit Veea’s ability to influence the outcome of key transactions, including a change of control.

Veea’s executive officers,
directors and principal stockholders and their affiliates own 21,012,263 shares of Veea’s Common Stock, or approximately 58.8%
of the outstanding shares of the Common Stock. As a result, these stockholders will be able to exercise a significant level of control
over all matters requiring stockholder approval, including the election of directors and the approval of mergers, acquisitions or other
extraordinary transactions. They may also have interests that differ from yours and may vote in a way with which you disagree and which
may be adverse to Veea’s interests. This concentration of ownership may have the effect of delaying, preventing or deterring a
change of control of Veea, could deprive Veea’s stockholders of an opportunity to receive a premium for their common stock as part
of a sale of Veea and might ultimately affect the market price of the Common Stock.

Warrants exercised for Common Stock would increase the number of shares eligible for future resale in the public market and result in dilution to its shareholders.

Outstanding Warrants to
purchase an aggregate of 12,640,544 shares of the Common Stock are exercisable in accordance with the terms of the Warrant Agreement.
The exercise price of these Warrants is $11.50 per share