Company: VEEAW
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001213900-25-074676
Chunk: 273

Company: VEEA INC.
Filing Date: 2025-08-12
Form: S-1/A
Chunk 273
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 Ended 
 December 31    |            |     |   |            |
|:--------------------------|:----|:---------------|-----------:|:----|:--|-----------:|
| Total Consolidated Assets |     | $              | 21,093,895 |     | $ | 20,837,306 |
| Capital Expenditures      |     | $              |    265,445 |     | $ |    155,054 |

F-63 Veea Inc. and Subsidiaries Notes to the Consolidated Financial Statements For the Years ended December 31, 2024 and 2023 18 - EMPLOYEE 401(k) PLAN The Company sponsors a 401(k) plan (the “Plan”) to provide retirement benefits for its employees. As allowed under Section 401(k) of the Internal Revenue Code, the Plan provides for tax-deferred salary contributions and after-tax contributions for eligible employees. The Plan provides for tax-deferred salary contributions and after-tax contributions for eligible employees. Employee contributions are limited to a maximum annual amount as set periodically by the Internal Revenue Code. The Company matches pretax and Roth employee contributions up to 4% of eligible earnings that are contributed by employees. All matching contributions vest immediately. The Company’s matching contributions to the Plan for the years ended December 31, 2024 and 2023 totaled $ 164,098and $ 159,562, respectively. 19- SUBSEQUENT EVENTS The Company evaluated subsequent events from December 31, 2024, the date of these financial statements, through the date on which the financial statements were issued (the “Issuance Date”), for events requiring recording or disclosure in the financial statements as of and for the year ended December 31, 2024. The Company concluded that no events have occurred that would require recognition or disclosure in the financial statements, except as described below. F-64 Up to 6,206,897 Shares of Common Stock Up to 6,206,897 Pre-Funded Warrants to Purchase up to 6,206,897 Shares of Common Stock Up to 6,206,897 Common Warrants to Purchase up to 6,206,897 Shares of Common Stock Up to 6,206,897 Shares of Common Stock Underlying such Pre-Funded Warrants Up to 6,206,897 Shares of Common Stock Underlying such Common Warrants Veea Inc. Sole Placement Agent A.G.P. PROSPECTUS PART