---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-002557"
form_type: "8-K"
ticker: "VEEA"
cik: "0001840317"
company_name: "VEEA INC."
filed_at: "2026-01-08T23:59:59+00:00"
generated_at: "2026-05-16T11:15:05.964486+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Veea obtains $14.1M loan from CEO-affiliated stockholder, repays JPMorgan line

## Summary
- NLabs Inc (affiliate of CEO Allen Salmasi) lends $14,100,000 to Veea via demand note at 10% annual interest.
- Note matures on March 31, 2026 or upon demand by NLabs; prepayable without penalty.
- Proceeds used to repay and terminate Veea's existing JPMorgan Chase line of credit ($14,076,218 fully paid).
- NLabs is a principal stockholder and affiliate of the CEO; transaction is a related-party refinancing.

## SEC filing metadata
- accession: 0001213900-26-002557
- form_type: 8-K
- ticker: VEEA
- cik: 0001840317
- company_name: VEEA INC.
- filed_at: 2026-01-08T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840317/000121390026002557/0001213900-26-002557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840317/000121390026002557/ea0272163-8k_veea.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-002557
- JSON: https://secwatch.observer/filing/0001213900-26-002557.json
- Plain text: https://secwatch.observer/filing/0001213900-26-002557.txt

## Key facts
- Material Agreements
  VEEA INC. entered into Demand Promissory Note with NLabs Inc valued at $14,100,000 (effective 2026-01-05).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: NLabs Inc
  - Value: $14,100,000
  - Effective: 2026-01-05
  source text: On January 5, 2026, NLabs Inc, a Delaware corporation (“NLabs”) made an unsecured loan to Veea Inc., a Delaware corporation (the “Company”). NLabs is a principal stockholder of the Company and an affiliate of the Company’s Chief Executive Officer. The loan was in the principal amount of $14,100,000 and evidenced by a Demand Promissory Note (the “Note”). Interest on the Note accrues and is payable at maturity at an annual rate equal to 10%, with interest calculated on the basis of a 365-day year and the actual days elapsed. The Note and accrued interest thereon is payable upon the earlier of March 31, 2026 and demand by NLabs. The Company may prepay the Note, in whole or in part, without penalty at any time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390026002557/0001213900-26-002557-index.htm
- Material Agreements
  VEEA INC. terminated Line of Credit with JP Morgan Chase valued at $14,076,218 (effective 2026-01-05).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: JP Morgan Chase
  - Value: $14,076,218
  - Effective: 2026-01-05
  source text: On January 5, 2026, Veea Inc., a Delaware corporation (the “Company”), repaid in full its line of credit (the “Line of Credit”) with JP Morgan Chase (the “Bank”) by making a cash payment to the Bank of $14,076,218, representing the total outstanding principal and interest due as of January 5, 2026. In connection with the repayment, the Line of Credit and all commitments thereunder were terminated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390026002557/0001213900-26-002557-index.htm

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