secwatch.observer — SEC 8-K summary
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Issuer:     VEEA INC. (VEEA)
CIK:        0001840317
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001213900-26-038861
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840317/000121390026038861/0001213900-26-038861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840317/000121390026038861/ea0284040-8k_veea.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-038861

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