secwatch.observer — SEC 8-K summary
======================================

Issuer:     VEEA INC. (VEEA)
CIK:        0001840317
Form:       8-K
Filed at:   2026-06-26T20:10:30+00:00
Accession:  0001213900-26-072610
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veea converts $4.13M insider notes into Series A-1 preferred and warrants for 13.3M shares
--------------------------------------------------------------------------------

- Converted $4,132,910 in principal+interest into 41,329 Series A-1 preferred shares (stated value $100/share).
- Each preferred share convertible into 323 common shares; total conversion equals ~13.3M common shares.
- Issued warrants to purchase 13,331,969 common shares at $0.31, exercisable Jan 1, 2027 to June 25, 2031.
- Transaction with NLabs Inc., an affiliate of CEO/Chairman Allen Salmasi; securities issued exempt under Section 3(a)(9).
- Preferred shares vote on as-converted basis and receive dividends equivalent to common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840317/000121390026072610/0001213900-26-072610-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840317/000121390026072610/ea0296031-8k_veea.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-072610

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer