Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 12

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 12
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This summary highlights selected information from this prospectus and may not contain all of the information that is important to you in making an investment decision. Before investing in our securities, you should read this entire document carefully, including our financial statements and the related notes included elsewhere in this prospectus and the information set forth under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Some of the statements in this prospectus constitute forward-looking statements. See “Cautionary Statement Regarding Forward-Looking Statements.”

Overview

We were originally incorporated
under the name “Plum Acquisition Corp. I.” as a blank check company incorporated as a Cayman Islands exempted company and
formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business
combination with one or more businesses. As discussed in this prospectus, we completed the Business Combination on September 13, 2024
and changed our name to “Veea Inc.”

We are dedicated to simplifying
the journey towards creating a world in which virtually everyone and everything is intelligently connected, while bringing applications
and artificial intelligence (“AI”) to the edge of the network. Most service providers, equipment suppliers,
system integrators and even hyperscalers have adopted or advocated for similar solutions to various degrees either independently or in
collaboration with the Company. However, to our knowledge, we are the first to market with patented technologies that a) bring virtualized
data center capabilities to the far edge of the network, commonly referred to as the Device Edge, where all wired and wireless devices
connect to the network (the “Edge”), b) spawns hyperconvergence of computing, multiaccess communications and
storage, (“Edge Computing”) c) provides for Cloud-managed applications at the Edge (“Hybrid Edge-Cloud Computing”), and d) enables machine learning with AI training, inferencing, and Agentic AI at the Edge (“Edge AI”) including AI-driven cybersecurity for heterogenous networks. Such networks have given rise through any combination
of our developed devices and third-party devices, with CPUs, GPUs, TPUs, DPUs and/or NPUs, that run on the VeeaONE platform’s software
stack (“VeeaWare”). Our end-to-end edge-cloud platform is referred to as VeeaONE (“VeeaONE”)
platform.

The VeeaONE platform is
highly complementary to cloud computing service delivery and capable of delivering solutions for a wide variety of