secwatch.observer — SEC 8-K summary
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Issuer:     VEEA INC. (VEEA)
CIK:        0001840317
Form:       8-K
Filed at:   2024-06-06T23:59:59+00:00
Accession:  0001213900-24-050218
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plum Acquisition Corp. I enters non-redemption pact with Harraden Circle to support Veea deal closing
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- Backstop investor Harraden Circle rescinds redemption of up to number of shares in Exhibit A in exchange for cash payment of (Redemption Price - $9.50) per share at deal close.
- Estimated trust account per-share redemption price as of June 3, 2024 was ~$11.20; trust account held ~$36.45M.
- Harraden also agrees to purchase shares from other redeeming stockholders within 5 business days up to an Acquired Share Cap set in Exhibit A.
- Effective June 4, 2024; termination upon closing of Business Combination with Veea (Transaction Agreement dated Nov 27, 2023).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840317/000121390024050218/0001213900-24-050218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840317/000121390024050218/ea0207373-8k425_plum1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-050218

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