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Get filing alertsVEEA draws $2.5M second tranche from secured term loan facility
Filed May 22, 2026 · Period ending May 18, 2026 · ~1 min read
Key Changes
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VeeaSystems subsidiary drew $2.5M on May 19, 2026, the second tranche of a $10.55M secured term loan facility with Pasadena Private Lending. Initial $5.5M was drawn in February 2026.
Item 8.01 verify on EDGAR → -
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Loan bears interest at prime rate (5.75% floor) plus 4.50% margin, with principal repayments starting March 2027 and maturity in February 2031.
Item 8.01 verify on EDGAR →
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Source-verified from EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify