Polar Asset Management Partners Inc. Purchases Shares of 700,000 Plum Acquisition Corp. IV $PLMK

Key Points

• Polar Asset Management Partners Inc. invested approximately $7.04 million in Plum Acquisition Corp. IV, acquiring 700,000 shares.
• As of its latest filing, Polar Asset Management owns about 3.79% of Plum Acquisition Corp. IV.
• Plum Acquisition Corp. IV's shares opened at $10.28, with a 52-week trading range of $9.94 to $10.34.

Polar Asset Management Partners Inc. acquired a new position in shares of Plum Acquisition Corp. IV (NASDAQ:PLMK - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 700,000 shares of the company's stock, valued at approximately $7,035,000. Polar Asset Management Partners Inc. owned about 3.79% of Plum Acquisition Corp. IV as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. K2 Principal Fund L.P. acquired a new position in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $1,965,000. AQR Arbitrage LLC acquired a new position in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $9,643,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $7,028,000. Linden Advisors LP acquired a new position in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $7,028,000. Finally, Westchester Capital Management LLC acquired a new position in shares of Plum Acquisition Corp. IV during the 1st quarter worth about $8,032,000.

Plum Acquisition Corp. IV Stock Performance

Shares of NASDAQ PLMK remained flat at $10.28 during trading hours on Wednesday. The company had a trading volume of 110 shares, compared to its average volume of 5,199. Plum Acquisition Corp. IV has a fifty-two week low of $9.94 and a fifty-two week high of $10.34. The firm has a fifty day moving average of $10.28 and a 200-day moving average of $10.18.

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.