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On July 10, 2026, Plum Acquisition Corp. IV shareholders approved an amendment to extend the deadline to consummate a…
PLMKUPlum Acquisition Corp. IV
On July 10, 2026, Plum Acquisition Corp. IV shareholders approved an amendment to extend the deadline to consummate a business combination from July 16, 2026, to January 16, 2027. The amendment further allows the board to extend this date monthly up to six times, potentially until July 16, 2027. In connection with this vote, holders of 13,540,384 public shares redeemed them for approximately $145 million at $10.71 per share, leaving $39.7 million in the trust account. Additionally, the Sponsor and independent directors converted 5,749,999 Class B Ordinary Shares into Class A Ordinary Shares. The company is a special purpose acquisition company (SPAC) designed to effect a business combination.