Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 59

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 59
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 protected health information, on Veea’s systems or Veea’s partners’ systems,
or if Veea suffers a ransomware or advanced persistent threat attack, or if any of the foregoing is reported or perceived to have occurred,
Veea’s reputation and business could be damaged. If the sensitive information is lost or improperly disclosed or threatened to
be disclosed, Veea could incur significant liability and be subject to regulatory scrutiny and penalties, including costs associated
with remediation. Veea is also required to comply with ever-more stringent privacy regulations, the violation of which can lead to financial
penalties and reputational injury.

Risks Related to Compliance with Law, Government Regulation and Litigation

Veea could experience penalties and adverse rulings in enforcement or other proceedings for non-compliance with laws, rules and regulations governing its business (e.g., frequency certifications).

Compliance with changed laws,
rules or regulations may subject Veea to increased costs or reduced products and services demand. Compliance failures as well as required
operational changes could have a material adverse impact on Veea, including its reputation, business, financial condition, results of
operations, cash flows or prospects.

Further, Veea develops many
of its products and services based on existing laws, rules, regulations and technical standards. Changes to existing laws, rules, regulations
and technical standards, or the implementation of new laws, rules, regulations and technical standards relating to products and services
not previously regulated, could adversely affect Veea’s development efforts by increasing compliance costs and causing delay. Regulatory
changes related to e.g., license fees, environment, health and safety, privacy (including the cross-border transfer of personal data
for example between the EU and the US), and other regulatory areas may increase costs and restrict Veea’s operations.

Veea is subject to certain US, international laws, rules, policies and other obligations, including anti-corruption (including anti-bribery, anti-money-laundering, sanctions, terror finance and anti-terrorism) laws, rules and regulations.

Veea is subject to U.S. and
international laws and regulations in multiple areas, including data protection, anticorruption, labor relations, tax, foreign currency,
anti-competition, import, export and trade regulations, and Veea is subject to a complex array of federal, state and international laws
relating to the collection, use, retention, disclosure, security and transfer of personally identifiable information. In many cases,
these laws apply not only to transfers between unrelated third-parties but also to transfers