Aristeia Capital L.L.C. Invests $1 Million in Plum Acquisition Corp. IV $PLMK

Key Points

• Aristeia Capital L.L.C. invested $1 million in Plum Acquisition Corp. IV (NASDAQ: PLMK), acquiring 100,000 shares and representing approximately 0.54% ownership as of its latest SEC filing.
• Other institutional investors, including Kepos Capital LP and Mizuho Securities USA LLC, also increased their stakes in Plum Acquisition Corp. IV during the same quarter, signifying growing interest in the company.
• As of the latest market data, Plum Acquisition Corp. IV's stock is trading around $10.28, with a 52-week range between $9.94 and $10.34.

Aristeia Capital L.L.C. bought a new position in shares of Plum Acquisition Corp. IV (NASDAQ:PLMK - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 100,000 shares of the company's stock, valued at approximately $1,004,000. Aristeia Capital L.L.C. owned approximately 0.54% of Plum Acquisition Corp. IV as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in PLMK. Kepos Capital LP acquired a new stake in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $502,000. Virtu Financial LLC acquired a new stake in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $694,000. Mizuho Securities USA LLC acquired a new stake in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $1,504,000. Picton Mahoney Asset Management acquired a new stake in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $1,506,000. Finally, K2 Principal Fund L.P. purchased a new position in Plum Acquisition Corp. IV during the 1st quarter worth approximately $1,965,000.

Plum Acquisition Corp. IV Stock Performance

NASDAQ:PLMK opened at $10.28 on Monday. The stock's 50 day moving average price is $10.28 and its 200 day moving average price is $10.18. Plum Acquisition Corp. IV has a 52-week low of $9.94 and a 52-week high of $10.34.

Plum Acquisition Corp. IV 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.

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