Nasdaq flags Veea (NASDAQ: VEEA) for bid price and value shortfalls

Rhea-AI Filing Summary

Veea Inc. received three Nasdaq notices on September 29, 2025 for failing to meet key continued listing standards on the Nasdaq Global Market. Its common stock traded below the $1.00 minimum bid price for 30 consecutive business days, triggering a 180-day cure period to March 30, 2026, during which the bid must close at or above $1.00 for at least 10 consecutive business days.

Nasdaq also found Veea out of compliance with the required $15,000,000 market value of publicly held shares and the $50,000,000 market value of listed securities, each with a similar 180-day window to regain compliance by maintaining those levels for 10 consecutive business days. The notices carry no immediate delisting, and Veea’s stock and warrants continue trading under “VEEA” and “VEEAW.” The company may seek an additional grace period or a transfer to the Nasdaq Capital Market, and it intends to monitor its trading metrics and consider options to restore compliance.

Positive

• None.

Negative

• Heightened delisting risk from three Nasdaq deficiencies – Veea is out of compliance with Nasdaq Global Market rules for minimum bid price, $15,000,000 market value of publicly held shares, and $50,000,000 market value of listed securities, with only a defined 180-day window to regain each standard.

Insights

Equity listing and market-structure analyst

Multiple Nasdaq deficiencies raise material delisting risk for Veea.

Veea has fallen below three separate Nasdaq Global Market standards: the $1.00 minimum bid price, the $15,000,000 minimum market value of publicly held shares, and the $50,000,000 minimum market value of listed securities. Each shortfall followed at least 30 consecutive trading days below these thresholds, indicating a sustained decline in market valuation and liquidity measures.

Nasdaq granted 180-day compliance periods, to March 30, 2026, to restore each metric, typically by sustaining the required levels for at least 10 consecutive business days. The company may obtain an additional 180 days on the bid price test or pursue a transfer to the Nasdaq Capital Market, but it currently does not meet that market’s bid price or $35,000,000 listed securities requirement. If deficiencies persist, Nasdaq may initiate delisting, with appeal rights but no assurance of success.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 2, 2025 (September 29, 2025)

Veea Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-40218		98-1577353
(State or other Jurisdiction of Incorporation)		(Commission  File Number)		(IRS Employer Identification No.)

164 E. 83rd Street

New York, NY 10028

(212) 535-6050

(Address and telephone number, including area code, of registrant’s principal executive offices)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.0001 per share		VEEA		The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $11.50 per share		VEEAW		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Noncompliance with Nasdaq Minimum Bid Price Requirement

On September 29, 2025, Veea Inc., a Delaware corporation (the “Company”), received a notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that, because the closing bid price for its common stock has fallen below $1.00 per share for 30 consecutive business days, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Global Market under Nasdaq Lising Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

The notice has no immediate effect on the listing of the Company’s common stock, par value $0.0001, and publicly tradable warrants (the “Public Warrants”) on the Nasdaq Global Market and the common stock and the Public Warrants will continue to trade on The Nasdaq Global Market under the symbols “VEEA” and “VEEAW,” respectively, at this time. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or until March 30, 2026, to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the closing bid price of the Company’s common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive business days prior to March 30, 2026; provided, however, pursuant to Nasdaq Listing Rule 5810 (c)(3)(H), Nasdaq may, in its discretion, require the Company to satisfy the Minimum Bid Price Requirement for a period in excess of ten consecutive business days, but generally not more than 20 consecutive business days, before determining that the Company has demonstrated an ability to maintain long-term compliance with the Minimum Bid Price Requirement.

If the Company does not regain compliance with the Minimum Bid Price Requirement within by March 30, 2026, the Company may be eligible for an additional grace period. To qualify, the Company would be required to meet the continued listing requirements for all other continuing listing standards for the Nasdaq Capital Market , with the exception of the minimum bid price requirement, including regaining compliance with the continuing listing standards mentioned below of which it is currently not in compliance, and provide written notice of its intention to cure the minimum bid price deficiency during the second compliance period. If the Company meets these requirements, the Staff will grant an additional 180 calendar days for the Company to regain compliance with the Minimum Bid Price Requirement. If the Staff determines that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible for such additional compliance period, Nasdaq will provide notice that the Company’s securities will be subject to delisting. The Company would have the right to appeal a determination to delist its securities, and the securities would remain listed on the Nasdaq Global Market until the completion of the appeal process.

The Company intends to monitor closing bid price for its common stock and may, if appropriate, consider available options to regain compliance with the Minimum Bid Price Requirement and continue the listing of its securities on Nasdaq.

Noncompliance with Nasdaq Minimum Market Value of Publicly Held Shares Requirement

On September 29, 2025, the Company received a notice from the Staff notifying the Company that, based on the market value of publicly held shares for the previous 30 consecutive business days, the listing of the Company’s listed securities was not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) to maintain a minimum market value of publicly held shares of $15,000,000 (the “MVPHS Rule”).

The notice has no immediate effect on the listing of the Company’s securities on The Nasdaq Global Market and the securities will continue to trade on The Nasdaq Global Market at this time. Pursuant to Nasdaq Listing Rule 5810(c)(3)(D), the Company has been provided a period of 180 calendar days, or until March 30, 2026, to regain compliance with the MVPHS Rule. To regain compliance during this 180-day compliance period, the minimum market value of publicly held shares must close at $15,000,000 or more for a minimum of 10 consecutive business days.

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If the Company does not regain compliance with the MVPHS Rule within the 180-day compliance period, it may transfer the listing of its securities to the Nasdaq Capital Market which has a reduced compliance standard under the MVPHS Rule, provided the Company will only be able to transfer the listing to the Nasdaq Capital Market if the Company then meets the continued listing requirements on the Nasdaq Capital Market. As of the date of this Current Report, the Company does not meet the continued listing requirements of the Nasdaq Capital Market as the Company is not in compliance with the minimum bid price requirement of $1 per share or the minimum market value of listed securities requirement of $35,000,000. To effect such a transfer, the Company would need to submit an online transfer application and pay an application fee to Nasdaq.

The Company intends to monitor the market value of the Company’s publicly held securities and may, if appropriate, consider available options to regain compliance with the MVPHS Requirement and continue the listing of its securities on Nasdaq.

Noncompliance with Nasdaq Market Value of Listed Securities Requirement

On September 29, 2025, the Company received a deficiency letter from the Staff notifying the Company that, for at least 30 consecutive business days, the Company’s Market Value of Listed Securities (“MVLS”) was below the $50 million minimum requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(A) (the “MVLS Requirement”).

The notice has no immediate effect on the listing of the Company’s securities on The Nasdaq Global Market and the securities will continue to trade on The Nasdaq Global Market at this time. Pursuant to Nasdaq Listing Rule 5810(c)(3)(C), the Company has been provided a period of 180 calendar days, or until March 30, 2026, to regain compliance with the MVLS Requirement. If at anytime during this compliance period the Company’s MVLS closes at $50 million or more for a minimum of ten consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance with the MVLS Requirement, its securities will be subject to delisting.

If the Company does not regain compliance with the MVLS Rule within the 180-day compliance period, it may transfer the listing of its securities to the Nasdaq Capital Market which has a reduced compliance standard under the MVLS Rule, provided the Company will only be able to transfer the listing to the Nasdaq Capital Market if the Company then meets the continued listing requirements on the Nasdaq Capital Market. As of the date of this Current Report, the Company does not meet the continued listing requirements of the Nasdaq Capital Market as the Company is not in compliance with the minimum bid price requirement of $1 per share or the minimum market value of listed securities requirement of $35,000,000. To effect such a transfer, the Company would need to submit an online transfer application and pay an application fee to Nasdaq.

The Company intends to monitor the market value of the Company’s listed securities and may, if appropriate, consider available options to regain compliance with the MVLS Requirement and continue the listing of its securities on Nasdaq.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Veea Inc.
Date: October 2, 2025	By:	/s/ Allen Salmasi
	Name:	Allen Salmasi
	Title:	Chief Executive Officer

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FAQ

What Nasdaq noncompliance notices did Veea (VEEA) receive in September 2025?

Veea received three Nasdaq notices on September 29, 2025, for failing the $1.00 minimum bid price, the $15,000,000 market value of publicly held shares standard, and the $50,000,000 market value of listed securities requirement, each after at least 30 consecutive business days below those thresholds.

Does Veea’s Nasdaq noncompliance notice mean its VEEA and VEEAW securities are delisted?

No, the notices have no immediate effect on listing. Veea’s common stock (VEEA) and public warrants (VEEAW) continue trading on the Nasdaq Global Market while the company is in 180-day compliance periods to March 30, 2026, to restore required trading and valuation levels.

How can Veea regain compliance with Nasdaq’s $1.00 minimum bid price rule?

To regain compliance, Veea’s common stock closing bid must be at or above $1.00 per share for at least 10 consecutive business days before March 30, 2026. Nasdaq may, at its discretion, require up to 20 consecutive business days to confirm sustained compliance.

What does Nasdaq’s market value of publicly held shares notice mean for Veea?

Nasdaq determined Veea’s market value of publicly held shares stayed below $15,000,000 for 30 days, breaching Listing Rule 5450(b)(2)(C). The company has 180 days, until March 30, 2026, to reach at least $15,000,000 for a minimum of 10 consecutive business days.

What is the impact of Veea’s market value of listed securities deficiency with Nasdaq?

Veea’s market value of listed securities remained below the $50,000,000 minimum for at least 30 days, violating Listing Rule 5450(b)(2)(A). It has until March 30, 2026, to maintain market value at or above $50,000,000 for at least 10 consecutive days to regain compliance.

Can Veea move its VEEA stock to the Nasdaq Capital Market if it stays noncompliant?

Veea may seek to transfer to the Nasdaq Capital Market, which has lower thresholds, if it meets that market’s standards. As of the disclosure, it does not satisfy the Capital Market’s $1.00 minimum bid price or $35,000,000 minimum market value of listed securities requirements.