other material
confidence high
sentiment neutral
materiality 0.50
Alpha Partners Technology Merger Corp. announces partial exercise of over-allotment; raises additional $32.5M
Plum Acquisition Corp. III
- Underwriters partially exercised over-allotment option, purchasing 3.25M units at $10 for $32.5M.
- Sponsor purchased 65,000 additional Private Placement Units at $10, for $650K.
- Remaining over-allotment option covers up to 500,000 units (original 3.75M minus 3.25M exercised).
- Total IPO gross proceeds now $282.5M from units; private placement totals $8.65M.