Financing ·
Veea cancels warrants for 2.61M shares as White Lion waives issuance and extends approval deadline to September 30
VEEAVeea Inc.
Veea Inc. entered into an Amendment, Waiver and Warrant Cancellation Agreement with White Lion Capital LLC on August 10, 2026. The agreement cancelled warrants to purchase 2,612,822 shares issued in prior closings of a $2.5 million Note Purchase Agreement. Concurrently, the parties confirmed the completion of four closings totaling approximately $1.975 million in net cash proceeds and terminated rights for any fifth closing. White Lion waived warrant issuance for the fourth closing and extended the stockholder approval deadline to September 30, 2026. Veea Inc. operates in the technology sector, providing digital advertising infrastructure.