Kepos Capital LP Takes $502,000 Position in Plum Acquisition Corp. IV (NASDAQ: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 purchased a new stake in Plum Acquisition Corp. IV (NASDAQ:PLMK - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 50,000 shares of the company's stock, valued at approximately $502,000. Plum Acquisition Corp. IV accounts for approximately 0.4% of Kepos Capital LP's holdings, making the stock its 17th biggest holding. Kepos Capital LP owned 0.27% of Plum Acquisition Corp. IV at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Picton Mahoney Asset Management bought a new stake in shares of Plum Acquisition Corp. IV in the first quarter worth $1,506,000. Wolverine Asset Management LLC bought a new stake in shares of Plum Acquisition Corp. IV in the first quarter worth $3,415,000. Mizuho Securities USA LLC bought a new stake in shares of Plum Acquisition Corp. IV in the first quarter worth $1,504,000. Finally, Virtu Financial LLC bought a new stake in shares of Plum Acquisition Corp. IV in the first quarter worth $694,000.

Plum Acquisition Corp. IV Stock Performance

Shares of PLMK stock opened at $10.31 on Thursday. The stock has a fifty day simple moving average of $10.28. Plum Acquisition Corp. IV has a 12 month low of $9.94 and a 12 month 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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