---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-038861"
form_type: "8-K"
ticker: "VEEA"
cik: "0001840317"
company_name: "VEEA INC."
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:52:21.073079+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Veea converts $21.2M debt/rent to Preferred Stock; transfers listing to Nasdaq Capital Market

## Summary
- Veea converts $16.9M demand notes and $4.3M unpaid rent into 212,000 shares of Series A Preferred at $100/share.
- Company issues warrant to NLabs for 33.5M common shares at $0.503 per share exercise price.
- Company transfers listing to Nasdaq Capital Market after failing bid price, MVPHS, and MVLS rules.
- Transfer grants 180-day extension to Sept 30, 2026, to regain minimum bid price compliance.
- NLabs (affiliate of CEO Allen Salmasi) provides conversion; stockholders' equity raised above $5M.

## SEC filing metadata
- accession: 0001213900-26-038861
- form_type: 8-K
- ticker: VEEA
- cik: 0001840317
- company_name: VEEA INC.
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840317/000121390026038861/0001213900-26-038861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840317/000121390026038861/ea0284040-8k_veea.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-038861
- JSON: https://secwatch.observer/filing/0001213900-26-038861.json
- Plain text: https://secwatch.observer/filing/0001213900-26-038861.txt

## Source-grounded claims
- claim_id: 51666b2248791d03bdc6d2cd03b5f5c1cce8a9de
  claim: VEEA INC.: Filed Certificate of Designation of Series A Convertible Preferred Stock to designate new series of preferred stock in connection with note conversions (effective 2026-03-30).
  evidence_excerpt: the Company filed a Certificate of Designation of Series A Convertible Preferred Stock (the “ Certificate of Designation ”) with the Secretary of State of the State of Delaware to designate Series A Convertible Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390026038861/0001213900-26-038861-index.htm
- claim_id: 1396a139fadaa75c7a61624cecdabaab07a7d71c
  claim: VEEA INC. entered into Note Conversion Agreement with NLabs Inc. valued at Principal and accrued interest of $16,876,400 converted into 168,764 shares of Series A preferred st (effective 2026-03-30).
  evidence_excerpt: On March 30, 2026, Veea Inc., a Delaware corporation (the “ Company ”), entered into a Note Conversion Agreement (the “ Note Conversion Agreement ”) with NLabs Inc. (“ NLabs ”), a Delaware corporation and an affiliate of Allen Salmasi, the Chief Executive Officer and Chairman of the board of directors of the Company, pursuant to which NLabs agreed that the principal and accrued interest under certain promissory notes evidencing loans made by NLabs to the Company (the “ Demand Notes ”) shall convert into shares of Series A preferred stock, par value $0.0001 per share, of the Company (the “ Preferred Stock ”) at a per share value of $100.00 (the “ Per Share Price ”) as soon as practicable thereafter but no later than one business day following the execution of the Note Conversion Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390026038861/0001213900-26-038861-index.htm
- claim_id: 745b177ad22fd14b501fef0645645b2a5db0eabc
  claim: VEEA INC. entered into Conversion Agreement with VeeaSystems Inc., NLabs Inc., and 83rd Street LLC valued at Unpaid rent and charges totaling $4,323,600 converted into 43,236 shares of Series A preferred stock (effective 2026-03-30).
  evidence_excerpt: On March 30, 2026, the Company , entered into a Conversion Agreement (the “ Conversion Agreement ”) with VeeaSystems Inc., a Delaware corporation (“ VeeaSystems ”), NLabs, and (iii) 83 rd Street LLC , a Delaware limited liability company (“ 83 rd Street ”), pursuant to which (i) NLabs agreed that base rent and common area maintenance charges under that certain Sublease Agreement, dated as of March 1, 2014, covering a portion of the premises located at 164 E 83rd Street (as amended through the date hereof, the “ Sublease ”) in the aggregate amount of $2,000,000 (the “ 164 Rent ”) that remained unpaid to NLabs as of the date thereof and (ii) 83 rd Street that base rent under that certain Lease Agreement, dated as of April 1, 2017, covering the entirety of the premises located at 166 E 83rd Street (as amended through the date hereof, the “ Lease ”) in the aggregate amount of $2,323,600 (the “ 166 Rent ”) that remained unpaid to 83rd Street as of the date thereof, in each case, shall conve
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840317/000121390026038861/0001213900-26-038861-index.htm

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