secwatch / observer
8-K filed July 26, 2023, 7:59 PM ET ticker VEEA CIK 0001840317
other material confidence high sentiment neutral materiality 0.70

Plum Acquisition Corp. I secures up to $1.09M extension financing from Polar Multi-Strategy Master Fund

VEEA INC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VEEA INC. entered into Subscription Agreement with Polar Multi-Strategy Master Fund valued at Investor's Capital Commitment of up to $1,090,000 (effective 2023-07-25).

Action
entry
Agreement
equity purchase
Counterparty
Polar Multi-Strategy Master Fund
Value
Investor's Capital Commitment of up to $1,090,000
Effective
2023-07-25
Exact text from the filing
On July 25, 2023, Plum Acquisition Corp. I (the “Company”) entered into a subscription agreement (“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”), the purpose of which is for the Sponsor to raise up to $1,090,000 from the Investor to fund the Extension (defined below) and to provide working capital to the Company during the Extension (“Investor’s Capital Commitment”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VEEA INC. entered into Promissory Note with Plum Partners, LLC valued at principal amount of up to $1,090,000 (effective 2023-07-25).

Action
entry
Agreement
notes offering
Counterparty
Plum Partners, LLC
Value
principal amount of up to $1,090,000
Effective
2023-07-25
Exact text from the filing
In connection with the Subscription Agreement, the Company issued an unsecured promissory note (the “Note”), dated as of July 25, 2023, in the principal amount of up to $1,090,000 to Sponsor, which may be drawn down by the Company from time to time prior to the consummation of the Company’s Business Combination.
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VEEA INC. filing history →

Source: SEC EDGAR
accession 0001104659-23-084410
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