GlobeNewswire Inc. · Nov 28, 2023
Veea to Become Publicly Traded Company via proposed Business Combination with Plum Acquisition Corp. I
NEW YORK, NY and SAN FRANCISCO, CA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Veea Inc. (“Veea” or the “Company”), a digital transformation company, and Plum Acquisition Corp. I (“Plum”, and together, the “Parties”) (Nasdaq: PLMI), a Cayman Islands exempted company formed as a special purpose acquisition company by Ursula Burns, Kanishka Roy and Mike Dinsdale, today announced their entry into a definitive business combination agreement (the “Business Combination Agreement”) related to a proposed merger (such merger and related transactions, including the issuance by Plum of securities in connection therewith, collectively, the “Business Combination”) expected to result in Veea becoming a publicly traded company (referred to herein as the “Combined Company” ) whose business, after the closing (the “Closing”), assuming the occurrence thereof, will be the continued business of Veea. Following are certain highlights regarding the proposed Business Combination and the Parties’ expectations regarding the business of the Combined Company after the Closing:
