---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-081217"
form_type: "8-K"
ticker: "VEEA"
cik: "0001840317"
company_name: "VEEA INC."
filed_at: "2024-09-24T23:59:59+00:00"
generated_at: "2026-05-31T02:10:50.408844+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Plum completes business combination with Veea; renamed to Veea Inc.; $180M pre-money value

## Summary
- Business combination closed Sept 13, 2024; Plum renamed to Veea Inc. as surviving entity.
- Veea shareholders received common stock based on $180M pre-money valuation at $10.00 per share; earnout up to 4.5M shares.
- $15.7M in outstanding notes converted into 3.15M shares at $5.00 per share; promissory notes also converted at $5.
- Sponsor transferred 1.73M shares to Polar to settle obligations; service provider fees of $1.75M deferred post-closing.
- Lock-up agreements for 180 days for certain shareholders; registration rights agreement entered.

## SEC filing metadata
- accession: 0001213900-24-081217
- form_type: 8-K
- ticker: VEEA
- cik: 0001840317
- company_name: VEEA INC.
- filed_at: 2024-09-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01, 3.03, 4.01, 5.01, 5.02, 5.06, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840317/000121390024081217/0001213900-24-081217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840317/000121390024081217/ea0214727-8k_veeainc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-081217
- JSON: https://secwatch.observer/filing/0001213900-24-081217.json
- Plain text: https://secwatch.observer/filing/0001213900-24-081217.txt

## Key facts
- Executive change
  Jeffrey Friedman resigned as Chief Financial Officer at VEEA INC..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Effective September 13, 2024, Jeffrey Friedman resigned as Senior Vice President and Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390024081217/0001213900-24-081217-index.htm

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