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.

On July 6, 2026, Plum Acquisition Corp. IV and Controlled Thermal Resources Holdings Inc. entered into a second amendment to their Business Combination Agreement. Key changes include reducing the merger valuation from $4.5 billion to $3.15 billion and decreasing potential earnout shares from 100 million to 70 million. The amendment extends the closing deadline to April 30, 2027, and the antitrust filing deadline to September 30, 2026. Additionally, the maximum shares issuable to Plum Partners IV, LLC for founder share reimbursement increased from 2 million to 3 million. Plum Acquisition Corp. IV is a special purpose acquisition company (SPAC) designed to effect a business combination.

Plum Acquisition Corp. IV announced a preliminary estimated redemption price of approximately $10.6973 per share for public shares in connection with an extraordinary general meeting on July 10, 2026. Shareholders will vote on a proposal to extend the business combination deadline from July 16, 2026, to January 16, 2027, with potential further monthly extensions up to July 16, 2027. The company operates as a special purpose acquisition company (SPAC) designed to effect a business combination.