Plum Acquisition Corp, IV (PLMKU) Stock Price, News & Analysis

Company Overview

Plum Acquisition Corp. IV is a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, share purchase, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company completed its initial public offering in April 2021, listing its units on the Nasdaq under the ticker symbol PLMKU. As a blank check vehicle, Plum Acquisition Corp. IV holds its cash proceeds in a trust account until it identifies and consummates a qualifying business combination.

The SPAC was organized with a 24-month deadline to complete a business combination, subject to two six-month extensions if approved by its shareholders. While the company has not yet announced a definitive target, it intends to focus on growing businesses that can benefit from public market access, strategic partnerships and incremental capital to support expansion plans.

Plum Acquisition Corp. IV is led by a management team and board of directors with experience in mergers and acquisitions, capital markets and operating roles. The team’s objective is to leverage its collective expertise to identify attractive opportunities, conduct thorough due diligence and structure a transaction that delivers long-term value for shareholders.

Key Stats

• Today's Range: $10.36 to $10.36
• 50-Day Range: $10.31 to $11.00
• 52-Week Range: $10.02 to $11.00
• Volume: N/A
• Average Volume: 29,247 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

PLMKU Stock Analysis - Frequently Asked Questions

How have PLMKU shares performed this year?

Plum Acquisition Corp, IV's stock was trading at $10.04 at the start of the year. Since then, PLMKU stock has increased by 3.2% and is now trading at $10.36.

When did Plum Acquisition Corp, IV IPO?

Plum Acquisition Corp, IV (PLMKU) raised $150 million in an initial public offering (IPO) on Wednesday, January 15th 2025. The company issued 15,000,000 shares at a price of $10.00 per share. Cohen & Company and Seaport Global acted as the underwriters for the IPO.

When did the company's lock-up period expire?

Plum Acquisition Corp, IV's lock-up period expired on Monday, July 14th. Plum Acquisition Corp, IV had issued 15,000,000 shares in its public offering on January 15th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Plum Acquisition Corp, IV's major shareholders?

Top institutional shareholders of Plum Acquisition Corp, IV include Clear Street LLC.

How do I buy shares of Plum Acquisition Corp, IV?

Shares of PLMKU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:PLMKU
• CIK: 2030482
• Web: N/A
• Phone: (929) 529-7125
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A