Highest-materiality recent filing
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).
Veea converts $750K notes into 1.89M shares; issues 1.77M shares for prior delivery delay
Two investors convert $750K principal + accrued interest into 1,891,388 shares at $0.4401/share.
Veea loses board independence after director Douglas Maine death; Nasdaq grants cure period
Director Douglas Maine passed away June 1, 2026, reducing independent directors to 3 of 6.
Veea appoints Greg Deisher as COO and EVP; promotes Mark Tubinis to EVP effective June 1, 2026
Greg Deisher appointed COO and Executive Vice President, filling vacancy from Janice K. Smith's resignation.
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.
Plum Acquisition Corp. I shareholders ratify Marcum LLP as 2024 auditor
Annual General Meeting held March 25, 2024; 9,680,324 shares present (86.15% quorum).
Received Nasdaq notice on March 18, 2024 for failure to meet Listing Rule IM-5101-2 (36-month deadline for SPAC business combination).
Plum Acquisition Corp. I restates Q1-Q3 2023 financials; material weakness in internal control
Audit committee concluded unaudited financials for Q1-Q3 2023 should be restated due to misstatements in debt discount subscription liability, APIC, and accumulated deficit.
Plum Acquisition I receives Nasdaq notice for failure to hold annual meeting by Dec 31, 2022
Nasdaq notice Jan 31, 2024: non-compliance with Listing Rule 5620(a) for missing annual meeting within 12 months of FYE Dec 31, 2022.
Deal values Veea at $180M pre-money; consideration in Plum common shares at $10.00 per share.
Plum Acquisition Corp. I to merge with Veea Inc. at ~$281M enterprise value
Implied enterprise value ~$281M; pre-money equity value for Veea ~$194M.
Plum Acquisition Corp. I and Veea, Inc. sign non-binding LOI for business combination
Veea provides edge-to-cloud computing with VeeaHub smart computing hubs that replace Wi-Fi APs, IoT gateways, routers, and firewalls.
Plum Acquisition I extends business combo deadline to Dec 18, 2023; $56.1M trust after redemptions
Shareholders voted to extend deadline to Dec 18, 2023; board can extend monthly to June 18, 2024.
Subscription Agreement with Polar Multi-Strategy Master Fund provides up to $1,090,000 for extension and working capital.
Plum Acquisition Corp I extends business combination deadline to August 18, 2023
Company extended Termination Date from July 18, 2023 to August 18, 2023 via board resolution.
Entered into amended subscription agreement with Polar Multi-Strategy Master Fund for up to $1,500,000 to fund extension and working capital.
Director Lane Bess resigns from Plum Acquisition Corp. I board effective July 5, 2023
Lane Bess resigned as director, Chairman of Compensation Committee, and member of Audit and Nominating & Governance Committees.
Previously reported termination of Sakuu deal on June 15, 2023 and planned liquidation.
Plum Acquisition Corp. I to liquidate after Sakuu terminates business combination
Sakuu Corporation terminated the Business Combination Agreement on June 14, 2023.
Plum Acquisition Corp. I issues $250K promissory note to Kanishka Roy for working capital
Unsecured, non-interest-bearing promissory note of up to $250,000 issued on March 16, 2023.
Plum Acquisition I shareholders approve extension, face $273M redemption; raises $1.5M
Shareholders approved extension of deadline to June 18, 2023, with option to extend monthly to March 18, 2024.
Plum Acquisition Corp. I enters into Business Combination Agreement with Sakuu Corporation
Plum Acquisition Corp. I (PLMI) will merge with Sakuu Corporation, valuing Sakuu at $600 million.
Sakuu to go public via merger with SPAC Plum at ~$705M enterprise value
Sakuu, a solid-state battery and additive manufacturing company, merges with Plum Acquisition Corp. I (PLMI).
Plum Acquisition Corp. I issues $500K promissory note to Ursula Burns for working capital
$500,000 unsecured promissory note issued to Ursula Burns, interest-free, repayable upon business combination.
Deficiency notice on April 19, 2022 for late filing of Form 10-K for period ended Dec 31, 2021.
Plum Acquisition restates Q3 2021 financials over warrant accounting errors; material weakness
Misstatements in warrant liability on Sep 30, 2021 balance sheet and change in fair value of warrants for three- and nine-month periods.
Vin Murria resigns from Plum Acquisition Corp I board; moves to Leadership Counsel
Resigned as Director effective March 10, 2022, due to proxy advisory firm overboarding guidelines.
Plum Acquisition Corp. I issues $500,000 promissory note to insider for working capital
Unsecured non-interest-bearing promissory note in principal amount of $500,000 to Mike Dinsdale.
Plum Acquisition Corp. I appoints Kanishka Roy and Mike Dinsdale as Co-CEOs
Roy, previously President, and Dinsdale, previously CFO, each retain their existing titles.
the Board appointed Greg Deisher , who is currently a Senior Vice President of the Company, to serve the Chief Operating Officer and Executive Vice President filling the vacancy created by the previous resignation of Ms. Janice K. Smith.
the Board appointed Mark Tubinis , who is currently the Chief Commercial Officer of the Company, to also serve as an Executive Vice President.
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.
On July 11, 2023, Plum Acquisition Corp. I (the “Company”) received written notice of the resignation of Jennifer Ceran as a member of the Company’s board of directors.
On July 11, 2023, the Company received written notice of the resignation of Kelly Wright as a member of the Company’s board of directors.
On July 17, 2023, the Company’s board of directors appointed Alan Black as a director to fill an existing vacancy and Vivian Chow as a director to fill an existing vacancy.
On July 17, 2023, the Company received written notice of the resignation of Ursula Burns as Executive Chairwoman and a member of the Company’s board of directors.
On July 17, 2023, the Company’s board of directors appointed Alan Black as a director to fill an existing vacancy and Vivian Chow as a director to fill an existing vacancy.
On July 11, 2023, the Company received written notice of the resignation of Kevin Turner as a member of the Company’s board of directors.
On July 5, 2021, Plum Acquisition Corp. I (the “Company”) received written notice of the resignation of Lane Bess as a member of the Company’s board of directors.
Effective March 10, 2022 Vin Murria resigned her position as Director of Plum Acquisition Corp. I
Max materiality 0.90 · Median 0.65 · Most common event other_material