Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
VEEA INC. incurred loan of $250,000 with Kanishka Roy at 0% maturing upon consummation of the Company’s initial business combination with one or more businesses or entities.
- Instrument
- loan
- Principal
- $250,000
- Counterparty
- Kanishka Roy
- Rate
- 0%
- Maturity
- upon consummation of the Company’s initial business combination with one or more businesses or entities
- Event
- incurrence
Exact text from the filing
On March 16, 2023, Plum Acquisition Corp. I (the “ Company ”) issued an unsecured promissory note in the total principal amount of up to $250,000 (the “ Promissory Note ”) to Mr. Kanishka Roy, individually and as a member of Plum Partners LLC. Mr. Roy funded the initial principal amount of $250,000 on March 16, 2023. The Promissory Note does not bear interest and matures upon the consummation of the Company’s initial business combination with one or more businesses or entities.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
VEEA INC. entered into Promissory Note with Mr. Kanishka Roy, individually and as a member of Plum Partners LLC valued at $250,000 (effective 2023-03-16).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Mr. Kanishka Roy, individually and as a member of Plum Partners LLC
- Value
- $250,000
- Effective
- 2023-03-16
Exact text from the filing
On March 16, 2023, Plum Acquisition Corp. I (the “ Company ”) issued an unsecured promissory note in the total principal amount of up to $250,000 (the “ Promissory Note ”) to Mr. Kanishka Roy, individually and as a member of Plum Partners LLC.
View on SEC.gov