EX-FILING FEES 7 ea022722801ex-fee_veeainc.htm FILING FEE

Exhibit 107

 

Calculation of Filing Fee Table

 

Form S-1

(Form Type)

 

Veea Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered and Carry Forward Securities

 

   Security Type 

Security

Class Title

  Fee Calculation or Carry Forward Rule  Amount Registered (1)   Proposed Maximum Offering Price Per Share   Maximum Aggregate Offering Price   Fee Rate   Amount of Registration Fee   Carry Forward Form Type   Carry Forward File Number   Carry Forward Initial effective date   Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward 
Newly Registered Securities
Fees to Be Paid  Equity  Common Stock  457(c)   31,679,651(2)  $2.44(3)  $77,298,348.44    0.00015310   $11,834.38(4)                                 
                                                       
Fees Previously Paid  -  -  -   -    -    -        $11,834.38                     
Carry Forward Securities
Carry Forward Securities  -  -  -   -         -              -    -    -    - 
   Total Offering Amounts             $11,834.38                     
   Total Fees Previously Paid             $11,834.38                     
   Total Fee Offsets              -                     
   Net Fee Due             $0.00                     

 

(1)Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.

 

(2)Represents the sum of (i) up to 5,256,218 shares of common stock of the Company, par value $0.0001 per share (the “Common Stock”) issuable upon exercise of 5,256,218 warrants of the Company to purchase Common Stock at an exercise price of $11.5 per share (the “Warrants”), (ii) up to 4,507,346 shares of Common Stock held by former members of Plum Partners LLC, a Delaware limited liability company (the “Sponsor”), that the Sponsor had received in connection with the closing of business combination, which consummated on September 13, 2024 (the “Closing of the Business Combination), contemplated by that certain business combination agreement, dated as of September 11, 2024, as amended (the “Business Combination Agreement”), by and among the Company, VeeaSystem Inc. (formerly known as Veea Inc.), and Plum Merger Sub, a Delaware corporation and wholly-owned subsidiary of the Company, (iii) up to 16,460,724 shares of Common Stock issued, or issuable upon exercise of stock options, to directors and officers of the Company and their affiliates at the Closing of the Business Combination, (iv) 3,441,888  shares of Common Stock issued, or issuable upon exercise of stock options, to directors and officers of the Company subsequent to the Closing of the Business Combination, (v) up to 250,000 shares of Common Stock issued at the Closing of the Business Combination in connection with the conversion of the outstanding principal balance under certain promissory notes issued by the Company, (vi) up to 241,667 shares of Common Stock issued at the Closing of the Business Combination in satisfaction of certain obligations owed to certain service providers, (vii) up to 1,102,847 shares of Common Stock issued at the Closing of the Business Combination, in satisfaction of certain obligations owed related to the issuance of certain securities in connection with certain financings, (viii) up to 180,000 shares of Common Stock issuable upon conversion of certain subordinated convertible promissory notes issued at the Closing of the Business Combination, and (ix) shares of Common Stock issued or issuable upon exercise of warrants held by NewField Capital Partners, LLC.

 

(3)Estimated solely for the purpose of calculating the registration fee, based on the average of the high and low prices of the Common Stock on The Nasdaq Stock Market LLC on December 5, 2024, in accordance with Rule 457(c) of the Securities Act.

 

(4)Calculated pursuant to Rule 457 of the Securities Act by multiplying the proposed maximum aggregate offering price of securities to be registered by $0.0001531 per share.

 

 

 

Table 2: Fee Offset Claims and Sources

N/A

 

Table 3: Combined Prospectus

 

Security
Type
  Security Class Title(5)  Amount of Securities Previously
Registered
   Maximum
Aggregate
Offering
Price of Securities Previously Registered
   Form Type  File Number  Initial
Effective Date
Equity  Class A common stock underlying public warrants  $6,384,326   $74,345,476.3   Form S-4  333-276411  May 13, 2024

 

(5)No registration fee is payable in connection with the securities previously registered on a registration statement on Form S-4 (File No. 333-276411), which was declared effective on May 13, 2024 (the “Prior Registration Statement”) because such securities are being transferred from the Prior Registration pursuant to Rule 429(b) under the Securities Act. See “Statement Pursuant to Rule 429” in this registration statement.