VEEA INC. Enters Material Definitive Agreement
Ticker: VEEAW · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1840317
| Field | Detail |
|---|---|
| Company | Veea Inc. (VEEAW) |
| Form Type | 8-K |
| Filed Date | Jan 6, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11, $3.89 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement
TL;DR
VEEA INC. signed a big deal on Dec 30, 2024.
AI Summary
On December 30, 2024, VEEA INC. entered into a material definitive agreement. The company, formerly known as Plum Acquisition Corp. I, is incorporated in Delaware and its principal executive offices are located at 164 E. 83rd Street, New York, NY.
Why It Matters
This filing indicates a significant business development for VEEA INC., potentially impacting its operations and future financial performance.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could involve significant financial commitments or strategic shifts, but lacks specific details on the nature of the agreement.
Key Players & Entities
- VEEA INC. (company) — Registrant
- Plum Acquisition Corp. I (company) — Former Company Name
- December 30, 2024 (date) — Date of earliest event reported
- 164 E. 83rd Street, New York, NY 10028 (location) — Principal executive offices address
FAQ
What is the nature of the material definitive agreement entered into by VEEA INC. on December 30, 2024?
The filing does not specify the details of the material definitive agreement, only that one was entered into on December 30, 2024.
When was VEEA INC. formerly known as?
VEEA INC. was formerly known as Plum Acquisition Corp. I.
In which state is VEEA INC. incorporated?
VEEA INC. is incorporated in Delaware.
What is the address of VEEA INC.'s principal executive offices?
The address of VEEA INC.'s principal executive offices is 164 E. 83rd Street, New York, NY 10028.
What is the SEC file number for VEEA INC.?
The SEC file number for VEEA INC. is 001-40218.
Filing Stats: 474 words · 2 min read · ~2 pages · Grade level 10.6 · Accepted 2025-01-06 16:15:22
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share VEEA The Nasdaq Stock Mar
- $11 — one share of Common Stock at a price of $11.50, subject to adjustment VEEAW The
- $3.89 — of common stock at an exercise price of $3.89 per share (the " Option ") to Allen Sal
Filing Documents
- ea0226838-8k_veea.htm (8-K) — 27KB
- 0001213900-25-001171.txt ( ) — 240KB
- veea-20241230.xsd (EX-101.SCH) — 4KB
- veea-20241230_def.xml (EX-101.DEF) — 26KB
- veea-20241230_lab.xml (EX-101.LAB) — 36KB
- veea-20241230_pre.xml (EX-101.PRE) — 25KB
- ea0226838-8k_veea_htm.xml (XML) — 6KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On December 30, 2024, Veea Inc. (the " Company ") issued a fully-vested option to purchase 3,036,308 shares of common stock at an exercise price of $3.89 per share (the " Option ") to Allen Salmasi, the Company's Chief Executive Officer. The Option was granted pursuant to the Company's 2024 Incentive Equity Plan, and expires on December 29, 2028.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed with this Form 8-K: Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 6, 2025 Veea Inc. By: /s/ Allen Salmasi Name: Allen Salmasi Title: Chief Executive Officer 2