---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-019351"
form_type: "8-K"
ticker: "VEEA"
cik: "0001840317"
company_name: "VEEA INC."
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:15:04.342518+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Veea subsidiary secures $5.5M secured term loan with $5M accordion facility

## Summary
- Initial term loan of $5.5M (up to $10.55M total) at prime+4.5% (floor 5.75%); matures Feb 2031.
- Monthly principal payments of $58k begin Mar 2027; covenants include max leverage 70% and min DSCR 2.00x.
- Guaranteed by parent Veea Inc., CEO Allen Salmasi and spouse; secured by equity pledges and substantially all assets.
- Borrower may request up to $5M in accordion term loans within one year, subject to conditions.

## SEC filing metadata
- accession: 0001213900-26-019351
- form_type: 8-K
- ticker: VEEA
- cik: 0001840317
- company_name: VEEA INC.
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840317/000121390026019351/0001213900-26-019351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840317/000121390026019351/ea0277931-8k_veea.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-019351
- JSON: https://secwatch.observer/filing/0001213900-26-019351.json
- Plain text: https://secwatch.observer/filing/0001213900-26-019351.txt

## Source-grounded claims
- claim_id: 50b75c48ebbb87b050cab7cd9a3fa72c81a86c11
  claim: VEEA INC. incurred term loan of up to $10,550,000 with Pasadena Private Lending, Inc. at prime rate (subject to a floor of 5.75%) plus an applicable margin of 4.50% maturing fifth anniversary of the Closing Date.
  evidence_excerpt: On February 17, 2026, VeeaSystems Inc., a Delaware Corporation (the “ Borrower ”) and a wholly owned subsidiary of Veea Inc. (the “ Company ”), entered into a Loan Agreement (the “ Loan Agreement ”) with Pasadena Private Lending, Inc. (the “ Lender ”), pursuant to which the Lender has agreed to extend, on the terms provided in the Loan Agreement, a secured term loan facility to the Borrower in an aggregate principal amount of up to $10,550,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390026019351/0001213900-26-019351-index.htm
- claim_id: 08ebfabe39f18dc2ea3200882a019d41e826cd85
  claim: VEEA INC. entered into Loan Agreement with Pasadena Private Lending, Inc. valued at $10,550,000 (effective 2026-02-17).
  evidence_excerpt: On February 17, 2026, VeeaSystems Inc., a Delaware Corporation (the “ Borrower ”) and a wholly owned subsidiary of Veea Inc. (the “ Company ”), entered into a Loan Agreement (the “ Loan Agreement ”) with Pasadena Private Lending, Inc. (the “ Lender ”), pursuant to which the Lender has agreed to extend, on the terms provided in the Loan Agreement, a secured term loan facility to the Borrower in an aggregate principal amount of up to $10,550,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390026019351/0001213900-26-019351-index.htm

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