Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 34

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 34
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’s
ability to meet its fundraising needs. Veea cannot guarantee that future financing will be available in sufficient amounts or on terms
acceptable to Veea, if at all.

If
Veea is unable to obtain funding on a timely basis or on acceptable terms, Veea may be required to significantly curtail, delay or discontinue
one or more of its research or development programs or commercialization or be unable to expand its operations or otherwise capitalize
on its business opportunities as desired, which could materially affect its business, financial condition and results of operations.

20

Raising
additional capital may cause dilution to Veea’s stockholders, restrict its operations or require it to relinquish rights to its
technologies or products.

Until
such time, if ever, as Veea can generate substantial product revenue, Veea expects to finance its cash needs through a combination of
private and public equity offerings, debt financings, collaborations, strategic alliances and licensing arrangements. Veea does not have
any committed external source of funds. The terms of any financing may adversely affect the holdings or the rights of Veea’s stockholders
and the issuance of additional securities, whether equity or debt, by Veea or the possibility of such issuance, may cause the market
price of Veea’s shares to decline. To the extent that Veea raises additional capital through the sale of common stock or securities
convertible or exchangeable into common stock, your ownership interest will be diluted, and the terms of those securities may include
liquidation or other preferences that may materially adversely affect your rights as a stockholder. Debt financing, if available, would
increase Veea’s fixed payment obligations and may involve agreements that include covenants limiting or restricting Veea’s
ability to take specific actions, such as incurring additional debt, acquiring, selling or licensing intellectual property rights, and
making capital expenditures, declaring dividends or other operating restrictions that could adversely impact Veea’s ability to
conduct its business. Veea could also be required to meet certain milestones in connection with debt financing and the failure to achieve
such milestones by certain dates may force Veea to relinquish rights to some of its technologies or products or otherwise agree to terms
unfavorable to Veea which could have a material adverse effect on Veea’s business, operating results and prospects.

Veea
also could be required to seek funds through arrangements with collaborators or distributors or otherwise at an earlier stage than otherwise
would be desirable. If Veea raises funds through collaborations,