M&A
confidence high
sentiment positive
materiality 0.75
Veea acquires Crowdkeep's IoT platform for 4.07M shares; Helder Antunes joins as EVP/CRO
VEEA INC.
- Issued 4,065,689 shares of common stock to Crowdkeep for substantially all IoT platform assets.
- Entered two convertible note agreements with Crowdkeep's majority stockholder for $1M total (8% interest, $5/share conversion).
- Crowdkeep CEO Helder Antunes becomes Veea's EVP & Chief Revenue Officer.
- Seller and noteholder subject to six-month lock-up on shares received.