Veea Inc. Faces Delisting Notice
Ticker: VEEAW · Form: 8-K · Filed: Oct 2, 2025 · CIK: 1840317
| Field | Detail |
|---|---|
| Company | Veea Inc. (VEEAW) |
| Form Type | 8-K |
| Filed Date | Oct 2, 2025 |
| Risk Level | high |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $11.50, $1.00, $0, $15,000,000 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, compliance
TL;DR
Veea Inc. got a delisting notice, stock might be in trouble.
AI Summary
Veea Inc. filed an 8-K on October 2, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule or standard, effective September 29, 2025. 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 potential issues with Veea Inc.'s compliance with stock exchange listing requirements, which could impact its stock's tradability and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards is a significant negative event that can lead to the stock being removed from an exchange.
Key Players & Entities
- Veea Inc. (company) — Registrant
- Plum Acquisition Corp. I (company) — Former company name
- September 29, 2025 (date) — Effective date of notice
- October 2, 2025 (date) — Filing date
- 164 E. 83rd Street, New York, NY (location) — Principal executive offices
FAQ
What specific listing rule or standard did Veea Inc. fail to satisfy?
The filing does not specify the exact rule or standard that Veea Inc. failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard was issued.
When was the notice of delisting or failure to satisfy a continued listing rule or standard issued?
The notice was effective as of September 29, 2025, and the report was filed on October 2, 2025.
What was Veea Inc.'s former company name?
Veea Inc.'s former company name was Plum Acquisition Corp. I.
In which state is Veea Inc. incorporated?
Veea Inc. is incorporated in Delaware.
Where are Veea Inc.'s principal executive offices located?
Veea Inc.'s principal executive offices are located at 164 E. 83rd Street, New York, NY 10028.
Filing Stats: 1,609 words · 6 min read · ~5 pages · Grade level 16.7 · Accepted 2025-10-02 16:05:28
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
- $1.00 — e for its common stock has fallen below $1.00 per share for 30 consecutive business d
- $0 — f the Company's common stock, par value $0.0001, and publicly tradable warrants (t
- $15,000,000 — market value of publicly held shares of $15,000,000 (the " MVPHS Rule "). The notice has n
- $1 — th the minimum bid price requirement of $1 per share or the minimum market value o
- $35,000,000 — lue of listed securities requirement of $35,000,000. To effect such a transfer, the Company
- $50 million — ted Securities (" MVLS ") was below the $50 million minimum requirement for continued inclu
Filing Documents
- ea0259854-8k_veea.htm (8-K) — 38KB
- 0001213900-25-095389.txt ( ) — 246KB
- veea-20250929.xsd (EX-101.SCH) — 4KB
- veea-20250929_def.xml (EX-101.DEF) — 26KB
- veea-20250929_lab.xml (EX-101.LAB) — 36KB
- veea-20250929_pre.xml (EX-101.PRE) — 25KB
- ea0259854-8k_veea_htm.xml (XML) — 6KB
01. Notice of Delisting or Failure to Satisfy a Continued
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Noncompliance with Nasdaq Minimum Bid Price Requirement On September 29, 2025, Veea Inc., a Delaware corporation (the " Company "), received a notice from the Listing Qualifications Department (the " Staff ") of The Nasdaq Stock Market LLC (" Nasdaq "), notifying the Company that, because the closing bid price for its common stock has fallen below $1.00 per share for 30 consecutive business days, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Global Market under Nasdaq Lising Rule 5550(a)(2) (the " Minimum Bid Price Requirement "). The notice has no immediate effect on the listing of the Company's common stock, par value $0.0001, and publicly tradable warrants (the " Public Warrants ") on the Nasdaq Global Market and the common stock and the Public Warrants will continue to trade on The Nasdaq Global Market under the symbols "VEEA" and "VEEAW," respectively, at this time. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or until March 30, 2026, to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the closing bid price of the Company's common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive business days prior to March 30, 2026; provided, however , pursuant to Nasdaq Listing Rule 5810 (c)(3)(H), Nasdaq may, in its discretion, require the Company to satisfy the Minimum Bid Price Requirement for a period in excess of ten consecutive business days, but generally not more than 20 consecutive business days, before determining that the Company has demonstrated an ability to maintain long-term compliance with the Minimum Bid Price Requirement. If the Company does not regain compliance with the Minimum Bid Price Requirement within by March 30, 2026, the Company may be el
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: October 2, 2025 By: /s/ Allen Salmasi Name: Allen Salmasi Title: Chief Executive Officer 3