Veea Inc. (VEEAW) delays Q2 10-Q filing, shares early revenue data

Rhea-AI Filing Summary

Veea Inc. filed a notice that it will be late filing its Form 10-Q for the quarter ended June 30, 2025. The company states it needs additional time to complete its financial statements and have them reviewed by its independent public accounting firm, and it intends to file within the short extension period allowed under Rule 12b-25, although it cautions there is no assurance it will meet that deadline.

Veea discloses that it generated revenue of 87,168 for the six months ended June 30, 2025, compared with 57,581 for the same period in 2024, mainly from product, subscription, license and related service sales. These figures are preliminary and may change when the full quarterly report and reviewed financial statements are completed.

Positive

• None.

Negative

• Late Form 10-Q filing with timing uncertainty: Veea Inc. cannot file its June 30, 2025 Form 10-Q on time and, while it intends to use the Rule 12b-25 extension, it states there is no assurance it will meet even the extended deadline.

Insights

Equity analyst – disclosure & reporting focus

Veea delays its 10-Q and flags preliminary higher revenue figures.

Veea Inc. reports it cannot file its June 30, 2025 Form 10-Q on time because it needs more time to finish preparing its financial statements and to complete the review by its independent public accounting firm. Relying on a Rule 12b-25 extension is fairly common, but the explicit statement that there is no assurance it will file within the extension adds some uncertainty around the reporting timeline.

The company provides preliminary revenue for the first six months of 2025 of 87,168, up from 57,581 for the same period in 2024, with revenue primarily from products, subscriptions, licenses and related services. These numbers are subject to change as the reporting process and review are completed, so they should be treated as indicative rather than final. The combination of a late filing and pending audit review means the eventual 10-Q will be important for clarity on final results and any additional disclosures around the delay.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

(Check One): ☐ Form 10-K ☐ Form 20-F ☐ Form 11-K ☒ Form 10-Q ☐ Form 10-D ☐ Form N-CEN ☐ Form N-CSR

For Period Ended: June 30, 2025

☐ Transition Report on Form 10-K

☐ Transition Report on Form 20-F

☐ Transition Report on Form 11-K

☐ Transition Report on Form 10-Q

For the Transition Period Ended: ______________________________

Read Instructions (on back page) Before Preparing Form. Please Print or Type.

NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

PART I -- REGISTRANT INFORMATION

Full Name of Registrant	Veea Inc.
Former Name if Applicable
Address of Principal Executive Office (Street and Number)	164 E. 83rd Street
City, State and Zip Code	New York, NY 10028

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed (Check box if appropriate)

	(a)	The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
☒	(b)	The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
	(c)	The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III -- NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Veea Inc. (the “Company”) is unable to file its Form 10-Q for the quarterly period ended June 30, 2025 (the “Quarterly Report”) within the prescribed time period without unreasonable effort or expense because the Company requires additional time to complete the preparation of the financial statements and have those financial statements reviewed by the Registrant’s independent public accounting firm. The Registrant intends to file the Quarterly Report on or before the expiration of the extension period prescribed by Rule 12b-25. However, there can be no assurance that the Registrant will be able to file the Quarterly Report by the expiration of such extension period.

PART IV --OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification

Janice K. Smith		(212)		549-4296
(Name)		(Area Code)		(Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).

☒ Yes ☐ No

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

☒ Yes ☐ No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

The Company generated revenue of $87,168 and $57,581 for the six months ended June 30, 2025 and 2024, respectively. Revenue during the period was principally earned from sales of products, subscriptions and licenses, and related services.

The amounts reported above are subject to change in connection with the completion of the reporting process and review of the Registrant’s financial statements. Actual results could vary significantly from the foregoing.

2

Veea Inc.

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 15, 2025	By:	/s/ Allen Salmasi
		Allen Salmasi
		Chief Executive Officer

3

FAQ

Why is Veea Inc. (VEEAW) filing its Form 10-Q late?

Veea Inc. states it is unable to file its Form 10-Q for the quarter ended June 30, 2025 within the prescribed time because it needs additional time to complete the preparation of its financial statements and have them reviewed by its independent public accounting firm.

When does Veea Inc. plan to file the delayed June 30, 2025 Form 10-Q?

Veea Inc. intends to file the Form 10-Q for the quarter ended June 30, 2025 on or before the expiration of the extension period allowed under Rule 12b-25, but notes there can be no assurance it will file by the end of that extension.

Did Veea Inc. disclose any preliminary revenue for the first half of 2025?

Yes. Veea Inc. reports revenue of 87,168 for the six months ended June 30, 2025, compared with 57,581 for the six months ended June 30, 2024, mainly from products, subscriptions, licenses and related services, subject to change upon completion of the reporting process.

Are the preliminary revenue figures from Veea Inc. final?

No. Veea Inc. notes that the revenue amounts of 87,168 for the six months ended June 30, 2025 and 57,581 for the same period in 2024 are subject to change as the reporting process is completed and the financial statements are reviewed.

What form did Veea Inc. file to notify investors of the delay?

Veea Inc. filed a Form 12b-25, which is a notification of late filing indicating it will not be able to timely file its Form 10-Q for the quarter ended June 30, 2025.

Who signed Veea Inc.’s notification of late filing?

The notification was signed on behalf of Veea Inc. by Chief Executive Officer Allen Salmasi, dated August 15, 2025.