8-K
filed July 18, 2023, 7:59 PM ET
ticker VEEA
CIK 0001840317
other material
confidence high
sentiment neutral
materiality 0.70
Plum Acquisition Corp. I signs amended subscription deal with Polar Multi-Strategy Master Fund; four directors resign
VEEA INC.
- Entered into amended subscription agreement with Polar Multi-Strategy Master Fund for up to $1,500,000 to fund extension and working capital.
- Four directors resigned: Jennifer Ceran, Kevin Turner, Kelly Wright on July 11; Ursula Burns on July 17, 2023.
- Appointed Alan Black and Vivian Chow as directors on July 17, 2023 to fill vacancies.
- The subscription agreement allows the sponsor to raise up to $160,000 as second contribution before July 31, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jennifer Ceran resigned as member of the board of directors at VEEA INC..
- Action
- resigned
- Role
- member of the board of directors
Exact text from the filing
On July 11, 2023, Plum Acquisition Corp. I (the “Company”) received written notice of the resignation of Jennifer Ceran as a member of the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kelly Wright resigned as member of the board of directors at VEEA INC..
- Action
- resigned
- Role
- member of the board of directors
Exact text from the filing
On July 11, 2023, the Company received written notice of the resignation of Kelly Wright as a member of the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Vivian Chow was appointed as director at VEEA INC..
- Action
- appointed
- Role
- director
Exact text from the filing
On July 17, 2023, the Company’s board of directors appointed Alan Black as a director to fill an existing vacancy and Vivian Chow as a director to fill an existing vacancy.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ursula Burns resigned as Executive Chairwoman and a member of the board of directors at VEEA INC..
- Action
- resigned
- Role
- Executive Chairwoman and a member of the board of directors
Exact text from the filing
On July 17, 2023, the Company received written notice of the resignation of Ursula Burns as Executive Chairwoman and a member of the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Alan Black was appointed as director at VEEA INC..
- Action
- appointed
- Role
- director
Exact text from the filing
On July 17, 2023, the Company’s board of directors appointed Alan Black as a director to fill an existing vacancy and Vivian Chow as a director to fill an existing vacancy.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kevin Turner resigned as member of the board of directors at VEEA INC..
- Action
- resigned
- Role
- member of the board of directors
Exact text from the filing
On July 11, 2023, the Company received written notice of the resignation of Kevin Turner as a member of the Company’s board of directors.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
VEEA INC. amended A&R Subscription Agreement with Polar Multi-Strategy Master Fund and Plum Partners, LLC valued at up to $1,500,000 (effective 2023-07-17).
- Action
- amendment
- Agreement
- equity purchase
- Counterparty
- Polar Multi-Strategy Master Fund and Plum Partners, LLC
- Value
- up to $1,500,000
- Effective
- 2023-07-17
Exact text from the filing
On July 17, 2023, Plum Acquisition Corp. I (the “Company”) entered into an amended and restated subscription agreement (“A&R Subscription Agreement”) with Polar Multi-Strategy Master Fund (the “Investor”) and Plum Partners, LLC (the “Sponsor” and, together with the Company and Investor, the “Parties”), which amends and restates the subscription agreement entered into by the Parties on March 16, 2023.
View on SEC.gov
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