Veea Inc. Files S-1/A for IPO

TL;DR

Veea Inc. (formerly Plum Acquisition Corp. I) is going public via S-1/A filing. IPO incoming.

AI Summary

Veea Inc. filed an S-1/A amendment on January 10, 2025, for its initial public offering. The company, formerly known as Plum Acquisition Corp. I, is incorporated in Delaware and headquartered in New York. Veea Inc. operates in the computer integrated systems design sector.

Why It Matters

This filing indicates Veea Inc.'s progression towards becoming a publicly traded company, which could impact its access to capital and market valuation.

Risk Assessment

Risk Level: medium — As an S-1/A filing, it represents a company in the process of going public, which inherently carries market and execution risks.

Key Numbers

• 333-283666 — SEC File Number (Identifies the specific registration statement)
• 7373 — SIC Code (Industry classification for computer integrated systems design)

Key Players & Entities

• VEEA INC. (company) — Registrant
• Plum Acquisition Corp. I (company) — Former company name
• January 10, 2025 (date) — Filing date
• Delaware (jurisdiction) — State of incorporation
• New York (location) — Principal executive offices location
• Allen Salmasi (person) — Chief Executive Officer

FAQ

Key Financial Figures

• $11.50 — 56,218 warrants at an exercise price of $11.50 per warrant (the "Private Placement War
• $1.50 — um in a private placement at a price of $1.50 per warrant. This prospectus also rela
• $3.76 — e closing price of our Common Stock was $3.76 per share and the closing price for our
• $0.145 — the closing price for our Warrants was $0.145 per warrant. We are an "emerging grow
• $0.0001 — the Class A ordinary shares, par value $0.0001 per share, of Plum, which converted by
• $12.50 — alizations) is greater than or equal to $12.50 for any twenty (20) trading days within
• $15.00 — alizations) is greater than or equal to $15.00 for any twenty (20) trading days within
• $0.00001 — Private Veea's common stock, par value $0.00001 per share. " Private Veea Convertible

Filing Documents

• ea0227228-s1a1_veeainc.htm (S-1/A) — 6265KB
• ea022722801ex4-1_veeainc.htm (EX-4.1) — 53KB
• ea022722801ex5-1_veeainc.htm (EX-5.1) — 35KB
• ea022722801ex21-1_veeainc.htm (EX-21.1) — 3KB
• ea022722801ex23-1_veeainc.htm (EX-23.1) — 2KB
• ea022722801ex23-2_veeainc.htm (EX-23.2) — 2KB
• ea022722801ex-fee_veeainc.htm (EX-FILING FEES) — 30KB
• image_001.jpg (GRAPHIC) — 15KB
• image_002.jpg (GRAPHIC) — 28KB
• ex5-1_001.jpg (GRAPHIC) — 13KB
• 0001213900-25-002701.txt ( ) — 30252KB
• veea-20240930.xsd (EX-101.SCH) — 183KB
• veea-20240930_cal.xml (EX-101.CAL) — 138KB
• veea-20240930_def.xml (EX-101.DEF) — 1026KB
• veea-20240930_lab.xml (EX-101.LAB) — 1404KB
• veea-20240930_pre.xml (EX-101.PRE) — 1035KB
• ea0227228-s1a1_veeainc_htm.xml (XML) — 6673KB

USE OF PROCEEDS

USE OF PROCEEDS 36 DETERMINATION OF OFFERING PRICE 37 MARKET INFORMATION FOR COMMON STOCK AND DIVIDEND POLICY 37

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 51 EXECUTIVE AND DIRECTOR COMPENSATION 65 MANAGEMENT 67

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 72 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 73 SELLING SECURITYHOLDERS 78

DESCRIPTION OF SECURITIES

DESCRIPTION OF SECURITIES 80 RESTRICTIONS ON RESALE OF COMMON STOCK 90 PLAN OF DISTRIBUTION 92 MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS 94 EXPERTS 98 LEGAL MATTERS 98 WHERE YOU CAN FIND MORE INFORMATION 98 INDEX TO FINANCIAL STATEMENTS F-1 i ABOUT THIS PROSPECTUS This prospectus is part of a registration statement on Form S-1 that we filed with the SEC using the "shelf" registration process. Under the shelf registration process, the selling securityholders may, from time to time, sell the securities offered by them described in this prospectus through any means described in the section titled " Plan of Distribution ." More specific terms of any securities that the selling securityholders and their permitted transferees offer and sell may be provided in a prospectus supplement that describes, among other things, the specific amounts and prices of the securities being offered and the terms of the offering. This prospectus also relates to the issuance by us of shares of Common Stock from time to time upon the occurrence of the events described in this prospectus. We may also provide a prospectus supplement or post-effective amendment to the registration statement of which this prospectus forms a part to add information to, or update or change information contained in, this prospectus. Any statement contained in this prospectus will be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained in such prospectus supplement or post-effective amendment modifies or supersedes such statement. Any statement so modified will be deemed to constitute a part of this prospectus only as so modified, and any statement so superseded will be deemed not to constitute a part of this prospectus. You should read both this prospectus and any applicable prospectus supplement or post-effective amendment to the registration statement of which this prospectus forms a part together with the additional

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View this S-1/A filing on SEC EDGAR