Veea raises up to $2.5M via convertible notes and warrants from White Lion Capital; first closing $475K net

VEEA INC.

First closing Jan 14: $555,556 face amount convertible note and warrant to purchase 990,099 shares at $0.505/share.
Net proceeds from first closing were $475,000 after original issue discount and transaction expenses.
Notes bear 5% annual interest, mature in 12 months; conversion price is lower of $0.75 or 90% of 10-day VWAP.
Total commitment up to $2.5M across multiple closings; warrants exercisable for 5 years, company can force exercise if stock > $3.00 for 30 days.
Amended existing ELOC: commitment period extended to June 30, 2027; additional share issuances tied to sales milestones.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

VEEA INC. incurred convertible notes of up to $2,500,000 aggregate funded amount; initial issuance of $555,556 face amount Convertible Note with White Lion Capital, LLC at 5% per annum maturing 12 months from issuance (matures January 14, 2027).

Instrument: convertible notes
Principal: up to $2,500,000 aggregate funded amount; initial issuance of $555,556 face amount Convertible Note
Counterparty: White Lion Capital, LLC
Rate: 5% per annum
Maturity: 12 months from issuance (matures January 14, 2027)
Event: incurrence

Exact text from the filing

On January 14, 2026, Veea Inc., a Delaware corporation (the “ Company ” and White Lion Capital, LLC, a Nevada limited liability company (“ White Lion ”) entered into a Note Purchase Agreement (the “ Note Purchase Agreement ”). Pursuant to the Note Purchase Agreement, the Company agreed to issue, and White Lion agreed to purchase, at one or more closings, on the terms and conditions contained in the Note Purchase Agreement, unsecured promissory notes in the aggregate funded amount of up to $2,500,000 (the “ Convertible Notes ”) and common stock warrants (the “ Warrants ” and collectively with the Convertible Notes, the “ Securities ”) to purchase shares of the Company’s common stock, par value $0.0001 per share (“ Common Stock ”). The first closing occurred on January 14, 2026 (the “ First Closing ”) at which the Company issued, and White Lion purchased, a Convertible Note with a face amount of $555,556 and Warrant to purchase 990,099 shares of Common Stock (the “ Warrant Shares ”) with

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VEEA INC. entered into Note Purchase Agreement with White Lion Capital, LLC valued at up to $2,500,000 (effective 2026-01-14).

Action: entry
Agreement: notes offering
Counterparty: White Lion Capital, LLC
Value: up to $2,500,000
Effective: 2026-01-14

Exact text from the filing

On January 14, 2026, Veea Inc., a Delaware corporation (the “ Company ” and White Lion Capital, LLC, a Nevada limited liability company (“ White Lion ”) entered into a Note Purchase Agreement (the “ Note Purchase Agreement ”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VEEA INC. amended ELOC Amendment with White Lion Capital, LLC (effective 2026-01-14).

Action: amendment
Agreement: equity purchase
Counterparty: White Lion Capital, LLC
Effective: 2026-01-14

Exact text from the filing

On January 14, 2026, the Company and White Lion entered into an amendment (the “ ELOC Amendment ”) to the Common Stock Purchase Agreement dated December 2, 2024 (as amended, the “ ELOC Purchase Agreement ”).

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306 debt financings filed in the last 30 days. Browse all debt financings →

VEEA INC. filing history →

Source: SEC EDGAR

accession 0001213900-26-005692

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