Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 45

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 45
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 of employees, consultants or others who are involved in developing
Veea’s products or technology. Litigation may be necessary to defend against these and other claims challenging inventorship or
Veea’s or Veea’s licensors’ ownership of Veea’s owned or in-licensed patent rights, trade secrets or other intellectual
property. If Veea or Veea’s licensors fail in defending any such claims, in addition to paying monetary damages, Veea may lose
valuable intellectual property rights, such as exclusive ownership of or right to use intellectual property that is important to any
products Veea may develop or Veea’s technology. Even if Veea is successful in defending against such claims, litigation could result
in substantial costs and be a distraction to management and other employees. Any of the foregoing could have a material adverse effect
on Veea’s business, financial condition, results of operations and prospects.

Veea may be subject to claims that Veea’s employees, consultants or advisors have wrongfully used or disclosed alleged trade secrets of their current or former employers or claims asserting ownership of what Veea regards as Veea’s own intellectual property.

Some of Veea’s employees,
consultants and advisors are currently or were previously employed at other companies, including Veea’s competitors or potential
competitors. Although Veea tries to ensure that Veea’s employees, consultants and advisors do not use the proprietary information
or know-how of others in their work for us, Veea may be subject to claims that Veea or these individuals have used or disclosed intellectual
property, including trade secrets or other proprietary information, of any such individual’s current or former employer. Litigation
may be necessary to defend against these claims. If Veea fails in defending any such claims, in addition to paying monetary damages,
Veea may lose valuable intellectual property rights or personnel. Even if Veea is successful in defending against such claims, litigation
could result in substantial costs and be a distraction to Veea’s management.

In addition, while it is
Veea’s policy to require Veea’s employees and contractors who may be involved in the conception or development of intellectual
property to execute agreements assigning such intellectual property to us, Veea may be unsuccessful in executing such an agreement with
each party who, in fact, conceives or develops intellectual property that Veea regards as Veea’s own. The assignment of intellectual
property rights may not be self-executing, or the assignment agreements may be breached, and Veea may be forced to bring claims against