Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 260

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 260
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 Interest |   |     | Total |            |
|:-------------------------|:----|:----------|-----------:|:----|:---------|:-----------|:--|:----|:---------|:--|:----|:------|-----------:|
| Revolving Loan Facility  |     | $         | 12,700,000 |     | $        | -          |   |     | $        | - |     | $     | 12,700,000 |
| Convertible note payable |     |           |  1,450,000 |     |          | (1,404,352 | ) |     |          | - |     |       |     45,648 |
| Total                    |     | $         | 14,150,000 |     | $        | (1,404,352 | ) |     | $        | - |     | $     | 12,745,648 |

| December 31, 2023                  |     | Principal |            |     | Debt     
 Discount |   |     | Accrued Interest |           |     | Total |            |
|:-----------------------------------|:----|:----------|-----------:|:----|:---------|:--|:----|:-----------------|----------:|:----|:------|-----------:|
| Revolving Loan Facility            |     | $         |  9,000,000 |     | $        | - |     | $                |         - |     | $     |  9,000,000 |
| Other related party debt (Note 11) |     |           | 12,598,000 |     |          | - |     |                  | 2,272,993 |     |       | 14,870,993 |
| Total                              |     | $         | 21,598,000 |     | $        | - |     | $                | 2,272,993 |     | $     | 23,870,993 |

<div align='center'>F-55

Veea Inc. and Subsidiaries

Notes to the Condensed Consolidated Financial Statements

For the Three and Nine Months Ended September 30, 2024 and 2023</div>

Revolving Loan Facility

In June 2021, the Company entered into a revolving loan agreement with First Republic Bank (“First Republic”), which was subsequently acquired by JPMorgan Chase