Highest-materiality recent filing
Veea draws additional $2.5M secured loan, issues $555,556 convertible note to White Lion
On May 18, 2026, Veea issued a $555,556 face convertible note and warrant for 888,509 shares at $0.563 exercise price to White Lion, netting $500k.
Veea transfers to Nasdaq Capital Market; gets 180-day bid price cure extension
Received three Nasdaq deficiency notices in Sep 2025: bid price <$1, MVPHS <$15M, MVLS <$50M.
Veea converts $21.2M debt/rent to Preferred Stock; transfers listing to Nasdaq Capital Market
Veea converts $16.9M demand notes and $4.3M unpaid rent into 212,000 shares of Series A Preferred at $100/share.
Veea subsidiary secures $5.5M secured term loan with $5M accordion facility
Initial term loan of $5.5M (up to $10.55M total) at prime+4.5% (floor 5.75%); matures Feb 2031.
First closing Jan 14: $555,556 face amount convertible note and warrant to purchase 990,099 shares at $0.505/share.
Veea obtains $14.1M loan from CEO-affiliated stockholder, repays JPMorgan line
NLabs Inc (affiliate of CEO Allen Salmasi) lends $14,100,000 to Veea via demand note at 10% annual interest.
Veea stockholders approve reverse stock split (1:2 to 1:20) and other proposals at annual meeting
Reverse split ratio range of 1-for-2 to 1-for-20 approved; 30,072,408 FOR, 25,723 AGAINST.
Veea receives three Nasdaq deficiency notices for bid price, MVPHS, and MVLS
Closing bid price below $1.00 for 30 consecutive days; 180-day cure period ends March 30, 2026.
Veea closes $6M cash public offering, $3.2M debt converted to equity
Total offering of 9.2M units (common + warrant) at $1.00 per unit; $6.0M gross cash proceeds.
Veea signs 3-year supply agreement with Telcel (América Móvil) for 5G FWA platform in Mexico
VeeaSystems subsidiary entered a Framework Agreement with Telcel, effective August 7, 2025.
Veea names Randal Stephenson Acting CFO, Helder Antunes Acting CRO
Randal Stephenson appointed Acting CFO, replacing Janice Smith in that role; Smith remains EVP & COO.
Veea acquires Crowdkeep's IoT platform for 4.07M shares; Helder Antunes joins as EVP/CRO
Issued 4,065,689 shares of common stock to Crowdkeep for substantially all IoT platform assets.
Veea grants CEO Allen Salmasi option for 3,036,308 shares at $3.89
Option is fully vested upon grant, covering 3,036,308 common shares at $3.89 per share.
Veea settles note purchase obligation with Harmonic; receives $5.36M payment
Harmonic's obligation to purchase a $13.55M convertible note terminated.
Veea Inc. enters into $25M equity line with White Lion Capital for common stock purchases
Veea Inc. entered a Common Stock Purchase Agreement with White Lion Capital for up to $25 million in aggregate gross purchase price of newly issued common stock.
Plum completes business combination with Veea; renamed to Veea Inc.; $180M pre-money value
Business combination closed Sept 13, 2024; Plum renamed to Veea Inc. as surviving entity.
Plum Acquisition Corp. I amends Veea deal, sets Sept 16 closing deadline, elects Helder Antunes
Second amendment to BCA sets automatic termination if closing not by Sept 16, 2024.
Nasdaq notified Plum Acquisition Corp. I of delinquent Q2 10-Q filing as additional delisting basis.
Plum Acquisition Corp. I shareholders approve extension to Sept 14, 2024
Extension passed with 9,656,175 votes for, 351,782 against; 0 abstentions.
Backstop investor Harraden Circle rescinds redemption of up to number of shares in Exhibit A in exchange for cash payment of (Redemption Price - $9.50) per share at deal close.
Plum Acquisition shareholders approve business combination with Veea Inc.
Business Combination Proposal passed: 9,833,883 for, 352,282 against.
Veea posts investor presentation highlighting edge platform, no financial results
Veea has >14,000 units shipped through Dec 2023 and >$210M total capital raised.
Effective September 13, 2024, Jeffrey Friedman resigned as Senior Vice President and Chief Financial Officer of the Company.
On September 11, 2024, the Board of Directors of the Company elected Helder Antunes to fill the previously disclosed vacancy on the Company’s board of directors to take effect upon the consummation of the Business Combination.
Max materiality 0.90 · Median 0.62 · Most common event other_material