VEEA INC.: Amended the articles to extend the business combination deadline to June 18, 2023 with optional monthly extensions up to March 18, 2024, and eliminated the redemption limitation to allow redemptions regardless of net tangible assets (effective 2023-03-15).
“On March 15, 2023, the Company held the Shareholder Meeting (1) to amend the Company’s amended and restated memorandum and articles of association (the “ Articles ”) to extend the date (the “ Termination Date ”) by which the Company has to consummate a business combination (the “ Articles Extension ”) from March 18, 2023 (the “ Original Termination Date ”) to June 18, 2023 (the “ Articles Extension Date ”) and to allow the Company, without another shareholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to nine times by an additional one month each time after the Articles Extension Date, by resolution of the Company’s board of directors if requested by the Sponsor, and upon five days’ advance notice prior to the applicable Termination Date, until March 18, 2024, or a total of up to twelve months after the Original Termination Date, unless the closing of the Company’s initial business combination shall have occurred prior t”
Shareholder Votes
VEEA INC. shareholders approved Redemption Limitation Amendment Proposal at the 2023-03-15 meeting.
“The Redemption Limitation Amendment Proposal For Against Abstain 30,246,146 1,525,647 0”
Shareholder Votes
VEEA INC. shareholders approved Extension Amendment Proposal at the 2023-03-15 meeting.
“The Extension Amendment Proposal For Against Abstain 30,246,146 1,525,647 0”
Material Agreements
VEEA INC. entered into Subscription Agreement with Polar Multi-Strategy Master Fund and Plum Partners, LLC (the Sponsor) valued at up to $1,500,000 (effective 2023-03-16).
“on March 16, 2023, the Company entered into a subscription agreement (“ Subscription Agreement ”) with Polar Multi-Strategy Master Fund (the “ Investor ”) and the Sponsor (collectively, the “ Parties ”), the purpose of which is for the Sponsor to raise up to $1,500,000 from the Investor”
Material Agreements
VEEA INC. entered into Business Combination Agreement with Sakuu Corporation, Plum SPAC 1 Merger Sub, Inc., and Plum SPAC 2 Merger Sub, LLC valued at $600,000,000.00 (effective 2023-03-02).
“On March 2, 2023, Plum Acquisition Corp. I, a Cayman Islands exempted company limited by shares (“Plum”), entered into a Business Combination Agreement (as may be amended, supplemented, or otherwise modified from time to time, the “Business Combination Agreement” and the transactions contemplated thereby, collectively, the “Business Combination”), by and among Plum, Sakuu Corporation, a Delaware corporation (the “Company”), Plum SPAC 1 Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Plum (“Merger Sub I”), and Plum SPAC 2 Merger Sub, LLC, a Delaware limited liability company and wholly owned subsidiary of Plum (“Merger Sub II”).”
Vin Murria resigned as Director at VEEA INC..
“Effective March 10, 2022 Vin Murria resigned her position as Director of Plum Acquisition Corp. I”
Mike Dinsdale was appointed as Co-Chief Executive Officer at VEEA INC..
“On January 28, 2022, the board of directors (the “Board”) of Plum Acquisition Corp. I (the “Company”) appointed Kanishka Roy and Mike Dinsdale as Co-Chief Executive Officers.”
Kanishka Roy was appointed as Co-Chief Executive Officer at VEEA INC..
“On January 28, 2022, the board of directors (the “Board”) of Plum Acquisition Corp. I (the “Company”) appointed Kanishka Roy and Mike Dinsdale as Co-Chief Executive Officers.”
Clay Whitehead resigned as Chief Executive Officer and Director at VEEA INC..
“Effective November 21, 2021 Clay Whitehead resigned his positions as Chief Executive Officer and Director of the Company in order to pursue other investment opportunities.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.