Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 50

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 50
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 these individuals have used or disclosed intellectual property, including
trade secrets or other proprietary information, of any such individual’s current or former employer. Litigation may be necessary
to defend against these claims. If Veea fails in defending any such claims, in addition to paying monetary damages, Veea may lose valuable
intellectual property rights or personnel. Even if Veea is successful in defending against such claims, litigation could result in substantial
costs and be a distraction to Veea’s management.

In addition, while it is Veea’s policy to
require Veea’s employees and contractors who may be involved in the conception or development of intellectual property to execute
agreements assigning such intellectual property to us, Veea may be unsuccessful in executing such an agreement with each party who, in
fact, conceives or develops intellectual property that Veea regards as Veea’s own. The assignment of intellectual property rights
may not be self-executing, or the assignment agreements may be breached, and Veea may be forced to bring claims against third parties,
or defend claims that they may bring against us, to determine the ownership of what Veea regards as Veea’s intellectual property.
Such claims could have a material adverse effect on Veea’s business, financial condition, results of operations and prospects.

Third-party claims of intellectual property infringement, misappropriation or other violations against us or Veea’s collaborators may prevent or delay the development and commercialization of Veea’s products and other proprietary technologies Veea may develop.

Veea’s commercial success depends in part
on Veea’s ability to avoid infringing, misappropriating and otherwise violating the patents and other intellectual property rights
of third parties. There is a substantial amount of complex litigation involving patents and other intellectual property rights in the
technology industry, as well as administrative proceedings for challenging patents, including interference, derivation, reexamination,
inter partesreview and post-grant review proceedings before the USPTO or oppositions and other comparable proceedings in foreign
jurisdictions.

Numerous U.S. and foreign issued patents and pending
patent applications owned by third parties exist in the fields in which Veea is commercializing or plan to commercialize Veea’s
products and in which Veea is developing other proprietary technologies. As the technology industry expands and more patents are issued,
the risk increases that Veea’s products and commercializing activities may give rise to claims of infringement of the patent rights
of others. Veea cannot assure you that Veea’s products and other proprietary