---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-092112"
form_type: "8-K"
ticker: "VEEA"
cik: "0001840317"
company_name: "VEEA INC."
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:33:10.225211+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Plum Acquisition Corp. I signs definitive deal to merge with edge-computing firm Veea at $180M pre-money

## Summary
- Deal values Veea at $180M pre-money; consideration in Plum common shares at $10.00 per share.
- Veea holders may earn up to 4.5M additional shares if stock hits $12.50 and $15.00 VWAP targets within 10 years post-close.
- Expected close in H1 2024, subject to Plum shareholder approval and regulatory conditions.
- Sponsor and key shareholders agree to vote in favor, enter lock-up for up to 6 months with early release at price thresholds.
- Veea may raise up to $70M in new financing at $7.50 per share before closing.

## SEC filing metadata
- accession: 0001213900-23-092112
- form_type: 8-K
- ticker: VEEA
- cik: 0001840317
- company_name: VEEA INC.
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840317/000121390023092112/0001213900-23-092112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840317/000121390023092112/ea189345-8k425_plumacq1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-092112
- JSON: https://secwatch.observer/filing/0001213900-23-092112.json
- Plain text: https://secwatch.observer/filing/0001213900-23-092112.txt

## Key facts
- Material Agreements
  VEEA INC. entered into Business Combination Agreement with Plum Acquisition Corp. I, Plum SPAC Merger Sub, Inc. valued at $180,000,000 (effective 2023-11-27).
  - Action: entry
  - Agreement: merger
  - Counterparty: Plum Acquisition Corp. I, Plum SPAC Merger Sub, Inc.
  - Value: $180,000,000
  - Effective: 2023-11-27
  source text: On November 27, 2023, Plum Acquisition Corp. I, a Cayman Islands exempted company limited by shares (“Plum”), Plum SPAC Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Plum (“Merger Sub”), and Veea Inc., a Delaware corporation (“Veea”), entered into a Business Combination Agreement (the “Business Combination Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390023092112/0001213900-23-092112-index.htm

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