Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 84

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 84
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 14,529 issued upon exercise of
outstanding stock options for net proceeds of $7.26, our proforma net tangible book value was $(19.9) million, or $(0.49) per share of
common stock.

Dilution represents the difference
between the amount per share paid by purchasers in this offering and the as adjusted net tangible book value per share of common stock
after the offering. After giving effect to the sale of 9,239,096 shares of common stock and accompanying common warrants in this offering
at a public offering price of $1.00 per share, and after deducting Placement Agent fees and estimated offering expenses payable by us,
but without adjusting for any other change in our net tangible book value subsequent to March 31, 2025, our pro forma as adjusted net
tangible book value would have been $(0.23) per share. This represents an immediate increase in net tangible book value on a reported
basis of $0.26, and on a pro forma basis of $0.26 per share to our existing stockholders and immediate dilution of $1.23 per share to
new investors purchasing the securities at the proposed public offering price. It excludes the shares issued and proceeds received, if
any, from the exercise of any common warrants issued in this offering. The following table illustrates the dilution in net tangible book
value per share to new investors as of March 31, 2025 on a pro forma basis:

| Public offering price per share                                                        |     | $ |       |   |     |   |  1.00 |   |
| Historical net tangible book value per share at March 31, 2025 (pro forma - reflecting 
 the issuance of 4,451,901 shares of common stock subsequent to March 31, 2025)         |     | $ | (0.49 | ) |     |   |       |   |
| Increase in net tangible book value per share to the existing                          
 stockholders on a pro forma basis attributable to this offering.                       |     | $ |  0.26 |   |     |   |       |   |
| Pro forma as adjusted net tangible book value per share after                          
 this offering                                                                          |     |   |       |   |     | $ | (0.23 | ) |
| Dilution in net tangible book value per share to new investors                         
 on a pro forma as adjusted basis                                                       |     |   |       |