Articles from Plum Acquisition Corp. IV

NEW YORK, NY, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Plum Acquisition Corp. IV (the “Company”) announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit on January 14, 2025. The units are expected to be listed for trading on the Nasdaq Global Market under the ticker symbol “PLMKU” beginning January 15, 2025. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on the Nasdaq Global Market under the symbols “PLMK” and “PLMKW,” respectively. The offering is expected to close on January 16, 2025, subject to customary closing conditions.