Kepos Capital LP Invests $502,000 in Plum Acquisition Corp. IV $PLMK

Key Points

• Kepos Capital LP has acquired a new position in Plum Acquisition Corp. IV, purchasing 50,000 shares valued at approximately $502,000, making it the 17th largest holding in its portfolio.
• Other institutional investors, including Picton Mahoney Asset Management and Wolverine Asset Management, also made significant investments in Plum Acquisition Corp. IV during the first quarter.
• Plum Acquisition Corp. IV, a blank check company founded in June 2024, is designed to effect transactions such as mergers or acquisitions, with current stock trading around $10.31.

Kepos Capital LP acquired a new stake in Plum Acquisition Corp. IV (NASDAQ:PLMK - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 50,000 shares of the company's stock, valued at approximately $502,000. Plum Acquisition Corp. IV makes up about 0.4% of Kepos Capital LP's portfolio, making the stock its 17th largest position. Kepos Capital LP owned 0.27% of Plum Acquisition Corp. IV as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Virtu Financial LLC acquired a new stake in shares of Plum Acquisition Corp. IV during the first quarter worth about $694,000. Mizuho Securities USA LLC acquired a new stake in shares of Plum Acquisition Corp. IV during the first quarter worth about $1,504,000. Wolverine Asset Management LLC acquired a new stake in shares of Plum Acquisition Corp. IV during the first quarter worth about $3,415,000. Finally, Picton Mahoney Asset Management acquired a new stake in shares of Plum Acquisition Corp. IV during the first quarter worth about $1,506,000.

Plum Acquisition Corp. IV Stock Down 0.3%

NASDAQ PLMK traded down $0.03 during trading hours on Monday, hitting $10.27. 122 shares of the stock were exchanged, compared to its average volume of 115,429. Plum Acquisition Corp. IV has a 12-month low of $9.94 and a 12-month high of $10.34. The stock has a 50-day moving average of $10.28.

About Plum Acquisition Corp. IV

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.