---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-084410"
form_type: "8-K"
ticker: "VEEA"
cik: "0001840317"
company_name: "VEEA INC."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:27:44.155167+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Subscription Agreement with Polar Multi-Strategy Master Fund provides up to $1,090,000 for extension and working capital.
- Sponsor issued promissory note for same amount; $750,000 drawn immediately on July 25, 2023.
- Investor receives one Class A ordinary share per dollar funded at closing of business combination.
- Investor may elect De-SPAC payment in cash or shares at $10 per share of Capital Calls funded.
- If SPAC liquidates without business combination, investor gets remaining cash outside trust account.

## SEC filing metadata
- accession: 0001104659-23-084410
- form_type: 8-K
- ticker: VEEA
- cik: 0001840317
- company_name: VEEA INC.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840317/000110465923084410/0001104659-23-084410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840317/000110465923084410/tm2321941d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-084410
- JSON: https://secwatch.observer/filing/0001104659-23-084410.json
- Plain text: https://secwatch.observer/filing/0001104659-23-084410.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000110465923084410/0001104659-23-084410-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000110465923084410/0001104659-23-084410-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.