Veea ( (VEEA) ) has released a notification of late filing.
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Veea Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The primary reason for this delay is the need for additional time to complete the preparation and review of financial statements by the company’s independent public accounting firm. Veea Inc. anticipates filing the report within the five-day extension period allowed by Rule 12b-25, though there is no guarantee it will meet this timeline. The company has indicated a significant change in its financial results, with revenue dropping from $16,770 in the same quarter last year to $1,137 this year, primarily due to a focus on field testing and refining its VeeaHub® devices. The financial results are subject to change upon completion of the review process. Veea Inc. is committed to ongoing compliance efforts, as indicated by the signature of CEO Allen Salmasi on the notification.
More about Veea
Average Trading Volume: 29,904
Technical Sentiment Signal: Sell
Current Market Cap: $85.63M
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