Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 42

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 42
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 be impaired, and Veea’s business, financial condition, results of operations and prospects may be adversely affected.

Issued patents covering products Veea may develop could be found invalid or unenforceable if challenged in court or before administrative bodies in the U.S. or abroad.

Veea’s owned and licensed
patent rights may be subject to priority, validity, inventorship and enforceability disputes. If Veea or Veea’s licensors are unsuccessful
in any of these proceedings, such patent rights may be narrowed, invalidated or held unenforceable. The foregoing could have a material
adverse effect on Veea’s business, financial condition, results of operations and prospects.

For example, if Veea or
one of Veea’s licensors initiate legal proceedings against a third party to enforce a patent covering any of Veea’s products
or Veea’s technology, the defendant could counterclaim that the patent is invalid or unenforceable. In patent litigation in the
U.S., defendant counterclaims alleging invalidity or unenforceability are commonplace. Grounds for a validity challenge could be an alleged
failure to meet any of several statutory requirements, including lack of novelty, obviousness, lack of written description or non-enablement.
Grounds for an unenforceability assertion could be an allegation that someone connected with prosecution of the patent withheld information
material to patentability from the USPTO, or made a misleading statement, during prosecution. Third parties also may raise similar claims
before administrative bodies in the U.S. or abroad, even outside the context of litigation. Such mechanisms include re-examination, interference
proceedings, derivation proceedings, post grant review, inter partesreview and equivalent proceedings such as opposition, invalidation
and revocation proceedings in foreign jurisdictions. Such proceedings could result in the revocation or cancellation of or amendment
to Veea’s patents in such a way that they no longer cover one or more of Veea’s products or Veea’s technology or no
longer prevent third parties from competing with any products Veea may develop or Veea’s technology. The outcome following legal
assertions of invalidity and unenforceability is unpredictable. Defense of these claims, regardless of their merit, would involve substantial
litigation expense and would be a distraction to management and other employees. With respect to the validity question, for example,
Veea cannot be certain that there is no invalidating prior art, of which the patent examiner and Veea or Veea’s licensing partners