Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 320

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 320
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 deposit into the Trust Account for each such monthly extension, the lesser of (A) $160,000 or (B) $0.04 for each Public Share remaining after the Redemption, in exchange for a non-interest bearing, unsecured promissory note issued by Plum to the Lender.

<div align='center'>F-101</div>

Accordingly, on March 16, 2023, the Company entered into a subscription agreement (“Subscription Agreement”) with Polar Multi-Strategy Master Fund (the “Investor”) and the Sponsor (collectively, the “Parties”), the purpose of which is for the Sponsor to raise up to $1,500,000 from the Investor to fund the Articles Extension (defined below) and to provide working capital to the Company during the Articles Extension (“Investor’s Capital Commitment”). As such, subject to, and in accordance with the terms and conditions of the Subscription Agreement, the Parties agreed,

| (a) 
 (b) | from time to time, the                                                                                                                    
 Company will request funds from the Sponsor for working capital purposes or for the Sponsor to fund an extension payment pursuant         
 to the Company’s Amended and Restated Memorandum and Articles of Association (each a “Drawdown Request”). The Sponsor,                    
 upon on at least five (5) calendar days’ prior written notice (“Capital Notice”), may require a drawdown                                  
 against the Investor’s Capital Commitment under a Drawdown Request (each a “Capital Call”);                                               
 in consideration of the                                                                                                                   
 Capital Calls, Sponsor will transfer 0.75 of a Class A ordinary share for each dollar the Investor funds pursuant to the Capital          
 Call(s) (the “Subscription Shares”) to the Investor at the closing of the Business Combination (the “Business                             
 Combination Closing”). The Subscription Shares shall be subject to the Lock-Up Period as defined in section 5 of the Sponsor              
 Letter Agreement dated March 2, 2023 (the “Letter Agreement”). The Subscription Shares shall not be subject to any                        
 additional transfer restrictions or any additional lock-up provisions, earn outs, or other contingencies and shall promptly be registered 
 pursuant to the first registration statement filed by the Company or the surviving entity in relation to the Business Combination;        |
|:----|:------------------------------------------------------------------------------------------------------------------------------------------|
| (c) | each member of the Sponsor                                                                                                                
 has the right to contribute any amount requested under each Drawdown Request (“Sponsor Capital Contribution”), provided                   
 that such Sponsor Capital Contributions will be made on terms