Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 78

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 78
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 existing stockholders own will not decrease, the shares of Common Stock owned by our existing stockholders
will represent a smaller percentage of our total outstanding shares of Common Stock after any such issuance.

Although the ELOC Purchase
Agreement provides that we may sell up to an aggregate of $25.0 million of shares of our Common Stock to White Lion, only 9,166,081 shares
(assuming the shares are sold at a price of $2.73 per share) are being registered for resale under the registration statement that includes
this prospectus. If it becomes necessary for us to issue and sell more shares than are being registered for resale under this prospectus
in order to receive aggregate gross proceeds equal to $25.0 million under the ELOC Purchase Agreement, we must first file with the SEC
one or more additional registration statements to register under the Securities Act the resale by White Lion of any such additional shares
of our Common Stock we wish to sell from time to time under the ELOC Purchase Agreement, which the SEC must declare effective, in each
case, before we may elect to sell any additional shares of our Common Stock to White Lion under the ELOC Purchase Agreement.

For illustrative purposes only, the following
table sets forth the number of shares of Common Stock to be issued to White Lion under the ELOC Purchase Agreement registered hereunder
at varying purchase prices:

| Assumed        
 Average        
 Purchase Price 
 Per Share      |      |    |     | Number                 
 of Registered          
 Shares to be Issued if 
 Full Purchase(1)       |            |     | Percentage          
 of                  
 Outstanding Shares  
 After Giving Effect 
 to the Issuance to  
 White Lion(2)       |      |   |     | Gross                   
 Proceeds                
 from the Sale of Shares 
 to White Lion           
 Under the               
 Purchase                
 Agreement               |            |
|:---------------|-----:|---:|:----|:-----------------------|-----------:|:----|:--------------------|-----:|:--|:----|:------------------------|-----------:|
| $              | 1.00 |    |     |                        | 25,000,000 |     |                     | 41.2 | % |     | $                       | 25,000,000 |
| $              | 2.73 | -3 |     |                        |  9,157,509 |     |                     | 20.4 | % |     | $                       | 25,000,