secwatch.observer — SEC 8-K summary
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Issuer:     VEEA INC. (VEEA)
CIK:        0001840317
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001213900-24-014054
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Plum Acquisition Corp. I restates Q1-Q3 2023 financials; material weakness in internal control
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- Audit committee concluded unaudited financials for Q1-Q3 2023 should be restated due to misstatements in debt discount subscription liability, APIC, and accumulated deficit.
- Misstatements also affected change in fair value of subscription liability and interest expense for the affected periods.
- Restatement does not impact cash or trust account balance.
- Management identified a material weakness in internal control over financial reporting; disclosure controls were ineffective for affected periods.
- Company will restate financials in its upcoming Form 10-K for FY2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840317/000121390024014054/0001213900-24-014054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840317/000121390024014054/ea193764-8k425_plumacq1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-014054

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