• Veea entered a Note Purchase Agreement with White Lion Capital for up to USD 2.5 million of convertible promissory notes, issued in multiple closings.
• A third closing on May 18, 2026 issued a USD 555,556 note, bringing total note face amount issued to USD 1.67 million.
• Cash proceeds totaled USD 1.48 million across the first three closings, including USD 500,000 from the May 18 closing.
• White Lion also received warrants tied to each closing, including a warrant for 888,509 shares based on a USD 0.56 reference share price.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veea Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-060560), on May 22, 2026, and is solely responsible for the information contained therein.