Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 287

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 287
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 results of operations or financial condition. For more information relating to cybersecurity risks and
uncertainties, please see the risk factor entitled “Cybersecurity incidents may have a material adverse effect on Veea’s business,
operations, financial performance, customer and vendor relationships, reputation and brand.” in Part I, Item 1A, and other risk
factors in this 10-K.

ITEM
2. PROPERTIES.

We
are headquartered in New York City, New York. We have engineering offices in Iselin, New Jersey; Bath, United Kingdom; and Juvigny, France.
We also maintain a sales and marketing office in Paris, France and Mexico City, Mexico.

ITEM
3. LEGAL PROCEEDINGS.

In
the normal course of business, the Company may become involved in various lawsuits and legal proceedings. While the ultimate results
of these matters cannot be predicted with certainty, management does not expect them to have a material adverse effect on the financial
position or results of operations of the Company.

ITEM
4. MINE SAFETY DISCLOSURES

None.

50

PART II

ITEM
5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASERS OF EQUITY SECURITIES

Market
information  

Our shares of Common Stock and
public warrants are listed on the Nasdaq Stock Market LLC (“Nasdaq”) under the symbols “VEEA” and “VEEAW”
respectively. On March 28, 2025, the closing price of our Common Stock was $1.56 per
share and the closing price for our Warrants was $0.08 per warrant.

Holders of Record

As of March 14, 2025, we had 927 holders of record of our common stock
and 1 holder of record of Public Warrants and 5 holders of record of our Private Warrants. The actual number of holders of our common
stock is greater than this number of record holders and includes stockholders who are beneficial owners, but whose shares are held in
street name by brokers or held by other nominees. This number of holders of record also does not include stockholders whose shares may
be held in trust by other entities.

Dividends

We
have never paid any cash dividends on our common stock. We currently intend to retain all available funds and any future earnings for
use in the operation of our business and do not anticipate paying any cash dividends