Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 316

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 316
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 - |
| Total                                   |     | $     |  1,643,270 |     | $       |    829,962 |     | $       | 813,308 |     | $       | - |

| December                                
 31, 2022                                |     | Total |             |     | Level 1 |             |     | Level 2 |         |     | Level 3 |   |
|:----------------------------------------|:----|:------|------------:|:----|:--------|------------:|:----|:--------|--------:|:----|:--------|:--|
| Assets                                  |     |       |             |     |         |             |     |         |         |     |         |   |
| Investments                             
 held in Trust Account-U.S. Money Market |     | $     | 323,911,642 |     | $       | 323,911,642 |     | $       |       - |     | $       | - |
| Liabilities                             |     |       |             |     |         |             |     |         |         |     |         |   |
| Public                                  
 warrant liability                       |     |       |     191,529 |     |         |     191,529 |     |         |       - |     |         | - |
| Private                                 
 warrant liability                       |     |       |     187,687 |     |         |           - |     |         | 187,687 |     |         | - |
| Total                                   |     | $     |     379,216 |     | $       |     191,529 |     | $       | 187,687 |     | $       | - |

If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws.

Forward Purchase Agreement Liability

The estimated fair value of the FPA liability on March 1, 2023 (initial measurement) is determined using Level 3 inputs. The expected term was based on management assumptions regarding the timing and likelihood of completing a business combination. The FPA liability is discounted to net present values using risk free rates. Discount rates were based on current risk-free rates based on the estimated term.

On June 15, 2023, the Company received a termination notice from Sakuu, that terminated, effective June 14