| (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. |