Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 38

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 38
---
 guarantees
that Veea will be successful in attracting and retaining employees with the right skills in the future, and failure in retaining and recruiting
could have a material adverse effect on Veea’s business and brand.

<div align='center'>13</div>

Veea’s management team has limited experience managing a public company and regulatory compliance may divert their attention from the day-to-day management of Veea’s business.

Most of the individuals who now constitute Veea’s
management team have limited experience managing a publicly traded company, interacting with public company investors and complying with
the increasingly complex laws pertaining to public companies. Veea’s management team may not successfully or efficiently manage
the transition to being a public company subject to significant regulatory oversight and reporting obligations under federal securities
laws and the continuous scrutiny of securities analysts and investors. These new obligations and constituents will require significant
attention from Veea’s senior management and could divert their attention away from the day-to-day management of the businesses,
which could adversely affect Veea’s businesses. It is probable that Veea will be required to expand its employee base and hire additional
employees to support its operations as a public company, which would increase Veea’s operating costs in future periods.

Global economic conditions could materially adversely impact demand for Veea’s products and services.

Veea’s operations and performance depend
significantly on worldwide economic conditions. Uncertainty about global economic conditions could result in customers postponing purchases
of Veea’s products and services in response to tighter credit, unemployment, negative financial news and/or declines in income or
asset values and other macroeconomic factors, which could have a material negative effect on demand for Veea’s products and services
and, accordingly, on Veea’s business, results of operations or financial condition. For example, any economic and political uncertainty
caused by the United States tariffs imposed on goods from various countries, and any corresponding tariffs from those countries in response,
may negatively impact demand and/or increase the cost for Veea’s products. There is also potential adverse impact including reduced
demand for products and services, excess and obsolete inventories, financial difficulties among our suppliers and vendors, difficulty
in collecting on accounts receivable, increased difficulty in forecasting sales and operating results and increased volatility in results.

The challenging global
economic conditions, e.g., downturn in the global economy, political unrest and uncertainty, labor and supply shortages, increasing
inflation and rising interest rates, or geopolitical risks and trade frictions may have adverse, wide-ranging effects on demand for
Veea