Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 104

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 104
---
 on initial issuance of convertible note               |     |                           |    (1,770,933 | ) |     |   |             - |   |     |   |  (1,770,933 | ) |     |   |   100 | %  |
| Change in fair value of conversion option liability        |     |                           |       607,067 |   |     |   |             - |   |     |   |     607,067 |   |     |   |   100 | %  |
| Change in fair value of warrant liabilities                |     |                           |      (220,373 | ) |     |   |             - |   |     |   |    (220,373 | ) |     |   |   100 | %  |
| Change in fair value of earn our share liability           |     |                           |    24,750,000 |   |     |   |             - |   |     |   |  24,750,000 |   |     |   |   100 | %  |
| Other expense                                              |     |                           |        (9,346 | ) |     |   |       (15,134 | ) |     |   |       5,788 |   |     |   |   (38 | )% |
| Interest expense                                           |     |                           |    (1,352,823 | ) |     |   |    (4,425,764 | ) |     |   |   3,072,941 |   |     |   |   (69 | )% |
| Total other income and expense                             |     |                           |    23,276,233 |   |     |   |    (4,198,437 | ) |     |   |  27,474,670 |   |     |   |  (654 | )% |
| Net income (loss)                                          |     | $                         |   (46,620,619 | ) |     | $ |    (9,409,208 | ) |     | $ | (37,211,411 | ) |     |   |   395 | %  |

Revenue, net

The Company generated net revenue
of $50,683 and $9,009,254 for the three months ended September 30, 2024 and 2023, respectively. The Company generated net revenue of
$108,264 and $9