Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 83

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 83
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 prices assume a discount to the market prices of our shares, in accordance with 
 the ELOC Purchase Agreement.                                                             |

| (2) | The                                                                                                
 denominator is based on 35,766,411 shares outstanding as of December 10, 2024, adjusted to include 
 the number of shares set forth in the adjacent column that we would have sold to White Lion,       
 assuming the average purchase price in the first column. The numerator is based on the number      
 of shares issuable pursuant to future sales under the ELOC Purchase Agreement (that are the        
 subject of this offering) at the corresponding assumed average purchase price set forth in         
 the first column.                                                                                  |

| (3) | The ten-day volume weighted average closing price of our Common Stock 
 on December 9, 2024.                                                  |

<div align='center'>38

USE OF PROCEEDS</div>

We will not receive any
proceeds from the sale of Common Stock by the selling stockholder pursuant to this prospectus. We may receive up to $25.0 million in
aggregate gross proceeds from White Lion under the ELOC Purchase Agreement in connection with sales of the shares of our Common Stock
pursuant to the ELOC Purchase Agreement after the date of this prospectus. However, the actual proceeds from White Lion may be less than
this amount depending on the number of shares of our Common Stock sold and the price at which the shares of our Common Stock are sold.

The selling securityholder
will pay any underwriting fees, discounts, selling commissions, stock transfer taxes, and certain legal expenses incurred by it in disposing
of its shares of Common Stock, and we will bear all other costs, fees, and expenses incurred in effecting the registration of such securities
covered by this prospectus, including, without limitation, all registration and filing fees, Nasdaq listing fees, and fees and expenses
of our counsel and our independent registered public accountants.

<div align='center'>39

DETERMINATION OF OFFERING PRICE</div>

We cannot currently determine
the price or prices at which shares of Common Stock may be sold by the selling securityholder under this prospectus.

<div align='center'>MARKET INFORMATION FOR COMMON STOCK AND DIVIDEND POLICY</div>

Market Information

Our Common Stock and Public Warrants are currently listed on Nasdaq under the symbols “VEEA” and “VEEAW”, respectively. As of December 31, 2024, there were 211 holders of record