Veea INC

Market Movers (8-K)

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NASDAQ
Veea Inc. has entered into an At Market Issuance Sales Agreement with Roth Capital Partners, LLC, allowing for the sale of up to $4.35 million in common stock.
Capital raise
NASDAQ
Veea Inc. amends its Note Purchase Agreement with White Lion Capital LLC, cancelling previously issued warrants and adjusting terms for future closings.
Capital raise
NASDAQ
Veea Inc. announced the entry into material definitive agreements for unsecured loans totaling $600,000 from NLabs Inc., a principal stockholder and affiliate of the CEO, and the departure of its CFO, Randal Stephenson, with Greg Deisher appointed as Acting CFO.
NASDAQ
Veea Inc. has converted $4.13 million in outstanding demand notes held by an affiliate of its CEO into Series A-1 preferred stock and common stock warrants.
Capital raise
NASDAQ
Veea Inc. has converted $750,000 in debt into common stock and issued additional shares to settle claims related to previous delivery delays.
Worse than expected
Delay expected
NASDAQ
Veea Inc. has notified Nasdaq of temporary non-compliance with board and committee independence requirements following the passing of director Douglas Maine.

Quarterly Earnings (10-Q)

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NASDAQ
Veea Inc. reported a net profit for Q3 2025 driven by fair value adjustments, alongside significant revenue growth, but faces Nasdaq delisting warnings and ongoing operating losses.
Worse than expected
Capital raise
NASDAQ
Veea Inc. reported significantly reduced net losses and improved gross profit for the first half of 2025, bolstered by strategic acquisitions and a major supply agreement with Telcel, while addressing ongoing liquidity needs.
Delay expected
Better than expected
Capital raise
NASDAQ
Veea Inc. announces its Q1 2025 financial results, highlighted by a net income of $4.3 million and strategic moves including the acquisition of Crowdkeep.
Better than expected
Capital raise
NASDAQ
Veea Inc. reports a net loss of $33.3 million for the third quarter of 2024, impacted by transaction costs related to its recent business combination, and a significant decrease in revenue compared to the same period last year.
Worse than expected
Delay expected
Capital raise
NASDAQ
Plum Acquisition Corp. I reported a net income of $3.2 million for the three months ended June 30, 2024, but a net loss of $981,242 for the six months ended June 30, 2024, while working towards a business combination with Veea Inc.
Worse than expected
Delay expected
Capital raise
NASDAQ
Plum Acquisition Corp. I reported a net loss of $4.2 million for the first quarter of 2024, primarily due to changes in warrant liabilities and operating expenses, while continuing efforts to finalize a business combination.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

NASDAQ
Veea Inc. outlines the specifics of its common stock, preferred stock authorization, and warrant agreements in its latest 10-K filing, providing investors with a detailed look at its capital structure.
NASDAQ
Plum Acquisition Corp. I details its share structure, warrant terms, and redemption rights in its annual 10-K filing, highlighting key aspects for investors.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

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NASDAQ
VEEA Inc. granted 110,000 stock options to Acting Chief Revenue Officer and Director Helder Antunes, with vesting tied to revenue milestones and a three-year schedule.
NASDAQ
VEEA Inc.'s Chief Commercial Officer, Mark Tubinis, was granted 125,000 stock options with a $0.66 exercise price, vesting based on company performance and approvals.
NASDAQ
VEEA INC. has granted its Director and CEO, Michael Salmasi, 75,000 stock options under its 2024 Incentive Equity Plan.
NASDAQ
VEEA Inc.'s CEO and a 10% owner, Allen Salmasi and NLabs Inc., acquired over 5.2 million shares and associated warrants in a public best-efforts offering.
Capital raise
NASDAQ
Janice K. Smith, COO and Interim CFO of VEEA INC., reports acquisition and disposal of common stock and derivative securities.
NASDAQ
Director Kanishka Roy of VEEA Inc. has reported acquiring a substantial number of common stock shares and warrants through a distribution from Plum Partners, LLC.

Proxy Statements (Def-14A)

NASDAQ
Veea Inc. calls for its 2025 Annual Meeting to vote on a reverse stock split to address Nasdaq non-compliance and an increase in its equity incentive plan shares.
Worse than expected
Capital raise
NASDAQ
Plum Acquisition Corp. I is seeking shareholder approval to extend the deadline for completing its business combination with Veea Inc. from June 18, 2024, to September 14, 2024.
Worse than expected
Delay expected
NASDAQ
Plum Acquisition Corp. I is holding an annual general meeting on March 25, 2024, to vote on ratifying Marcum LLP as their independent auditor and to approve a potential adjournment of the meeting.

New Public Companies (S-1)

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NASDAQ
Veea Inc. has filed an amended registration statement for the resale of up to 15,306,748 shares of common stock by selling stockholders.
Capital raise
NASDAQ
Veea Inc. filed an S-1MEF registration statement to register an additional $1.4 million in common stock and warrants for its public offering.
Capital raise
NASDAQ
Veea Inc. filed an S-1/A amendment outlining a new $9 million securities offering, significant operational losses, and strategic partnerships for its Edge AI and connectivity platforms.
Delay expected
Worse than expected
Capital raise
NASDAQ
Veea Inc. is offering up to $9 million in common stock and warrants to fund operations, despite significant recurring losses and a substantial accumulated deficit.
Worse than expected
Capital raise
NASDAQ
Veea Inc. is seeking to raise capital through a public offering of common stock and warrants to fund operations and address substantial accumulated deficits, despite reporting a net income in Q1 2025 driven by non-cash fair value adjustments.
Worse than expected
Capital raise
NASDAQ
Veea Inc. files an amendment to its Form S-1 registration statement, detailing an equity line of credit agreement with White Lion Capital and recent business developments.
Capital raise

Schedule 13D - Activist Investments

NASDAQ
Veea Inc. successfully closed a public offering, raising approximately $6.0 million in gross proceeds and issuing common stock and warrants, with key insiders maintaining significant ownership.
Capital raise
NASDAQ
Veea Inc.'s CEO, Allen Salmasi, and NLabs Inc. have filed an amended Schedule 13D, revealing a combined beneficial ownership of 48.3% of Veea's common stock, including a recent grant of 3,036,308 stock options to Mr. Salmasi.

Schedule 13G - Passive Investments

NASDAQ
Ursula M. Burns has reported a 4.0% beneficial ownership stake in VEEA INC., comprising common stock, earnout shares, and warrants.
NASDAQ
Crowdkeep, Inc. has filed a Schedule 13G, reporting a passive beneficial ownership of 7.0% of VEEA INC.'s common stock.
NASDAQ
Michael Dinsdale has filed a Schedule 13G, revealing a 6.6% beneficial ownership stake in VEEA INC.'s Common Stock as of December 20, 2024.
NASDAQ
Ursula M. Burns has filed a Schedule 13G, revealing beneficial ownership of 5.6% of VEEA INC.'s common stock, including shares, performance-based earnout shares, and warrants.