Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 54

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 54
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’s registered or unregistered trademarks or trade names. Veea’s efforts to enforce or protect
Veea’s proprietary rights related to trademarks, trade names, domain name or other intellectual property may be ineffective and
could result in substantial costs and diversion of resources and could adversely affect Veea’s business, financial condition, results
of operations and prospects.

Risks Related to Cybersecurity and Data Privacy

If Veea’s security measures are breached or fail and unauthorized access is obtained to a customer’s data, Veea’s service may be perceived as insecure, the attractiveness of its services to current or potential customers may be reduced, and Veea may incur significant liabilities.

Veea’s services
involve the web-based and data storage and transmission of customers’ information. Veea relies on proprietary and commercially
available systems, software, tools and monitoring, as well as other processes, to provide security for processing, transmission and
storage of such information. Because of the sensitivity of this information and due to requirements under applicable laws and
regulations, the effectiveness of our security efforts is very important. If Veea’s security measures are breached or fail as
a result of third-party action, acts of terror, social unrest, employee error, malfeasance or for any other reasons, someone may be
able to obtain unauthorized access to customer data. Improper activities by third-parties, advances in computer and software
capabilities and encryption technology, new tools and discoveries and other events or developments may facilitate or result in a
compromise or breach of our security systems. Veea’s security measures may not be effective in preventing unauthorized access
to the customer data stored on Veea’s servers. If a breach of our security occurs, Veea could face damages for contract
breach, penalties for violation of applicable laws or regulations, possible lawsuits by individuals affected by the breach and
significant remediation costs and efforts to prevent future occurrences. In addition, whether there is an actual or a perceived
breach of Veea’s security, the market perception of the effectiveness of Veea’s security measures could be harmed and
Veea could lose current or potential customers.

Cybersecurity incidents may have a material adverse effect on Veea’s business, operations, financial performance, customer and vendor relationships, reputation and brand, and may introduce the possibility of litigations or regulatory investigations or actions.

Veea’s business operations are vulnerable
to cybersecurity incidents that may impact the confidentiality, availability or integrity of information assets, IT assets, products,
services, or solutions