Plum Acquisition Corp. IV
PLMK
NASDAQ Global Select10.65
USD
+0.01
- -
CIK
0002030482
ISIN
KYG7134A1040
Return %
Stock
S&P500
1Y
4.47
26.53
3Y
6.77
76.60
5Y
6.77
80.11
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 Roy
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 2021 Fillmore St. San Francisco United States of America
- IPO Date
- Jan 15, 2025
- CIK
- 0002030482
- Website
- plumpartners.com
- Similar Companies
- Business
- Plum Acquisition Corp. IV (Nasdaq: PLMK) operates as a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it currently conducts no significant operations and generates no revenues. Sponsored by Plum Partners, an investment company, the SPAC targets enterprises with large addressable markets, experienced management teams, robust growth potential, distinct machine learning and artificial intelligence advantages, or other deep technology capabilities that can create new markets or disrupt existing ones; its management leverages global relationships, sector expertise, and operational experience to identify and operate suitable targets across industries characterized by technological advancement and evolving demand. Founded in 2024 and headquartered in San Francisco, California, Plum Acquisition Corp. IV maintains a global geographic focus without current limitations to specific regions. In January 2025, the company completed its initial public offering, raising $172.5 million in gross proceeds through the sale of 15 million units at $10 each, with each unit comprising one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50; underwritten by Cohen Capital Markets, Seaport Global Securities, and Benjamin Securities, the IPO followed a reduction from an initial $200 million target filed in July 2024 and included a concurrent private placement of 672,875 units for $6.73 million. On January 31, 2025, the company commenced separate trading of its Class A ordinary shares (PLMK) and warrants (PLMKW) on the Nasdaq Global Market; as of the latest reports, it remains in pre-deal status with an 18-month tenor to complete a business combination, led by CEO and Chairman Kanishka Roy, co-founder and Managing Partner of Plum Partners with prior experience as Head of Tech M&A Origination at Morgan Stanley, and CFO and Director Steven Handwerker, formerly of Citadel and FinServ Acquisition companies.
Plum Acquisition Corp. IV (NASDAQ:PLMK) Short Interest Up 190.0% in January