Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 242

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 242
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 expenses
    incurred by third-party manufacturers in reliance on forecasts that later prove to be inaccurate, including the cost of components
    purchased by third-party manufacturers on Veea’s behalf;

    ●
    industry consolidation
    and divestitures, which may result in changed business and product priorities among certain suppliers.

    ●
    lack of adequate capacity
    to manufacture all or a part of the products Veea requires; and

    ●
    labor unrest affecting
    the ability of the third-party manufacturers to produce Veea products.

Veea
relies on third-party telecommunications and internet service providers, and any failure by these service providers to provide reliable
services could cause Veea to lose customers and subject it to claims for credits or damages, among other things.

Veea
relies on services from third-party telecommunications providers in order to provide services to its customers and their customers. In
addition, Veea depends on its internet bandwidth suppliers to provide uninterrupted and error-free service through their, networks. Veea
exercises little control over these third-party providers, which increases its vulnerability to problems with the services they provide.

When
problems occur, it may be difficult to identify the source of the problem. Service disruption or outages, whether caused by Veea’s
service, the products or services of Veea’s third-party service providers, or Veea’s customers’ or their customers’
equipment and systems, may result in loss of market acceptance of its products and technologies and any necessary remedial actions may
force it to incur significant costs and expenses.

If
any of these service providers fail to provide reliable services, suffer outages, degrade, disrupt, increase the cost of or terminate
the services that Veea and its customers depend on, Veea may be required to switch to another service provider. Delays caused by switching
Veea’s technology to another service provider, if available, and qualifying this new service provider could materially harm its
operating results. Further, any failure on the part of third-party service providers to achieve or maintain expected performance levels,
stability and security could harm Veea’s relationships with its customers, cause it to lose customers, result in claims for credits
or damages, increase its costs or the costs incurred by its customers, damage its reputation, significantly reduce customer demand for
its products and technologies and seriously harm its and operating results.

Veea
depends on its management team and other key employees, and the loss of one or more of these employees or an inability