Wolverine Asset Management LLC Takes Position in Plum Acquisition Corp. IV (NASDAQ:PLMK)

Key Points

• Wolverine Asset Management LLC has acquired 340,182 shares of Plum Acquisition Corp. IV, valued at approximately $3,415,000, representing a 1.84% ownership stake in the company.
• Plum Acquisition Corp. IV's stock price has shown a slight increase of 0.1%, with current trading at $10.29, near its one-year high of $10.34.
• The company is a blank check firm, founded to facilitate business combinations through mergers and acquisitions, and is headquartered in San Francisco, CA.

Wolverine Asset Management LLC purchased a new stake in Plum Acquisition Corp. IV (NASDAQ:PLMK - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 340,182 shares of the company's stock, valued at approximately $3,415,000. Wolverine Asset Management LLC owned about 1.84% of Plum Acquisition Corp. IV as of its most recent filing with the Securities & Exchange Commission.

Separately, Picton Mahoney Asset Management acquired a new stake in Plum Acquisition Corp. IV in the first quarter valued at approximately $1,506,000.

Plum Acquisition Corp. IV Price Performance

Shares of NASDAQ:PLMK traded down $0.01 during trading on Wednesday, reaching $10.30. The stock had a trading volume of 59,102 shares, compared to its average volume of 118,622. The stock has a fifty day moving average of $10.28. Plum Acquisition Corp. IV has a 1-year low of $9.94 and a 1-year high of $10.34.

Plum Acquisition Corp. IV Company Profile

Plum Acquisition Corp. IV is a blank check company, which was established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on June 10, 2024 and is headquartered in San Francisco, CA.