Veea Inc. Reports Material Definitive Agreement

TL;DR

Veea Inc. signed a big deal on Aug 12th, filing it today. Could be a game-changer.

AI Summary

Veea Inc. filed an 8-K on August 15, 2025, reporting a material definitive agreement entered into on August 12, 2025. The filing also includes other events and financial statements/exhibits. Veea Inc. was formerly known as Plum Acquisition Corp. I until January 13, 2021.

Why It Matters

This filing indicates Veea Inc. has entered into a significant new agreement, which could impact its business operations and financial performance.

Risk Assessment

Risk Level: medium — Entering into a material definitive agreement can introduce new risks and opportunities that may affect the company's future performance.

Key Players & Entities

• Veea Inc. (company) — Registrant
• Plum Acquisition Corp. I (company) — Former company name
• August 12, 2025 (date) — Date of earliest event reported
• August 15, 2025 (date) — Date of report

FAQ

Key Financial Figures

• $0.0001 — ch registered Common stock, par value $0.0001 per share VEEA The Nasdaq Stock Mar
• $11.50 — of common stock at an exercise price of $11.50 per share VEEAW The Nasdaq Stock Ma
• $3,239,096 — cipal amount, plus accrued interest, of $3,239,096. Under the terms of the Offering, the
• $1.00 — Offering at a public offering price of $1.00 per Common Share with one accompanying
• $1.10 — e and have an initial exercise price of $1.10 per share, subject to certain adjustmen
• $70,000 — reimburse the Placement Agent for up to $70,000 for its legal fees, and $10,000 for non
• $10,000 — r up to $70,000 for its legal fees, and $10,000 for non-accountable fees and expenses.
• $6.0 m — eeds from the Offering of approximately $6.0 million, before deducting Placement Agent
• $5.3 million — he Common Warrants), were approximately $5.3 million. The Company intends to use the net pro

Filing Documents

• ea0253409-8k_veea.htm (8-K) — 43KB
• ea025340901ex4-1_veea.htm (EX-4.1) — 91KB
• ea025340901ex10-1_veea.htm (EX-10.1) — 239KB
• ea025340901ex10-2_veea.htm (EX-10.2) — 58KB
• ea025340901ex99-1_veea.htm (EX-99.1) — 14KB
• ea025340901ex99-2_veea.htm (EX-99.2) — 14KB
• 0001213900-25-077430.txt ( ) — 776KB
• veea-20250812.xsd (EX-101.SCH) — 4KB
• veea-20250812_def.xml (EX-101.DEF) — 26KB
• veea-20250812_lab.xml (EX-101.LAB) — 36KB
• veea-20250812_pre.xml (EX-101.PRE) — 25KB
• ea0253409-8k_veea_htm.xml (XML) — 6KB

01

Item 1.01 Entry into a Material Definitive Agreement. On August 12, 2025, Veea Inc., a Delaware corporation (the " Company "), entered into a Placement Agency Agreement (the " Placement Agency Agreement ") with A.G.P. /Alliance Global Partners (the " Placement Agent ") whereby the Placement Agent agreed to act, on a "reasonable best efforts" basis, as placement agent in connection with the Company's registered public offering (the " Offering ") of up to 9,239,096 shares of common stock, par value $0.0001 per share (the " Common Stock ", and such shares, the " Common Shares "), each with one accompanying common warrant (the " Warrants ", and the shares of Common Stock to be issued upon exercise of the Warrants, the " Warrant Shares ") to purchase one share of Common Stock, (the Common Shares, the Warrants, and the Warrant Shares, collectively, the " Securities "). The Company also entered into a securities purchase agreement (the " Securities Purchase Agreement ") with the investors who purchased Securities in the Offering. Included in the aggregate securities purchased are 3,239,096 shares of Common Stock and accompanying warrants that were issued to NLabs Inc., a Delaware corporation (" NLabs ") an existing stockholder and an affiliate of the Company and the Company's Chief Executive Officer, in exchange for the extinguishment of certain of the Company's outstanding non-convertible promissory notes in the aggregate principal amount, plus accrued interest, of $3,239,096. Under the terms of the Offering, the Company agreed to sell each Common Share with one accompanying Warrant in the Offering at a public offering price of $1.00 per Common Share with one accompanying Warrant. The Warrants are exercisable immediately upon issuance and have an initial exercise price of $1.10 per share, subject to certain adjustments, and will expire five years from the date of issuance. The Warrants contain ownership limitations pursuant to which a holder does not have the right to

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Document 4.1* Form of Warrant 10.1* Form of Securities Purchase Agreement 10.2* Placement Agency Agreement, dated as of August 12, 2025 99.1* Press Release, dated as of August 13, 2025 99.2* Press Release, dated as of August 14, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Filed herewith 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Veea Inc. Date: August 15, 2025 By: /s/ Allen Salmasi Name: Allen Salmasi Title: Chief Executive Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR