Plum Acquisition Corp. I
PLMI
NASDAQ Capital Market9.00
USD
-2.98
- -
CIK
0001840317
ISIN
KYG7134L1260
CUSIP
G7134L126
Return %
Stock
S&P500
1Y
-16.28
18.21
3Y
-7.60
63.29
5Y
-8.63
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Kanishka B. Roy
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2021 Fillmore Street San Francisco CA United States of America 94115
- IPO Date
- May 6, 2021
- CIK
- 0001840317
- Website
- plumpartners.com
- Similar Companies
- Business
- Plum Acquisition Corp. I (PLMI) operates as a blank check company, or special purpose acquisition company (SPAC), whose principal business activity involves effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses; the company offers no significant current operations or revenue-generating products or services prior to completing such a transaction. Sponsored by Plum Partners LLC, it targets primarily internet and software companies leveraging platform models in enterprise software, SMB software and infrastructure, or disruptive marketplace models in verticals including business automation, health and wellbeing, and finance- and insurance-related technology; through its operator-driven platform, Plum provides post-merger support via an "Accelerating Through the Bell" playbook encompassing ten strategic areas such as diversity, equity and inclusion initiatives, direct introductions to Fortune 500 CEOs, and international growth acceleration. Founded in 2020 and headquartered at 2021 Fillmore Street, Suite 2089, San Francisco, California, the company conducted its initial public offering in March 2021, raising $300 million through 30 million units priced at $10 each, with operations focused on the United States public markets via Nasdaq listing. In recent developments, Plum Acquisition Corp. I signed a non-binding letter of intent in November 2023 with Veea Inc., a digital transformation company, for a business combination implying a pro forma enterprise value of $281 million, following the termination earlier that year of a prior definitive agreement with Sakuu Corporation; the company completed its merger with Veea in September 2024, resulting in delisting from Nasdaq and transition to Veea Inc. trading under the ticker VEEA, with certain principals such as Kanishka Roy serving as directors post-combination.
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Veea Inc. and Plum Acquisition Corp. I Announce Closing of Business Combination
Veea to Become Publicly Traded Company via proposed Business Combination with Plum Acquisition Corp. I
Veea, Inc. and Plum Acquisition Corp. I Announce Letter of Intent for a Business Combination