Plum Acquisition III extends SPAC deadline to Jan 2025; $133.7M redeemed, trust drops to $24.6M

Plum Acquisition Corp. III

Stockholders approved extending business combination deadline from July 30, 2024 to January 30, 2025.
Company changed name from Alpha Partners Technology Merger Corp. to Plum Acquisition Corp. III.
Holders of 12,433,210 Class A shares redeemed at ~$10.75/share, totaling $133,691,563.
Trust account reduced to $24,561,487 after redemptions.
New Nasdaq symbols PLMJ (shares), PLMJU (units), PLMJW (warrants) expected effective ~Feb 16, 2024.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Plum Acquisition Corp. III: Amended and Restated Memorandum and Articles of Association extending business combination deadline from July 30, 2024 to January 30, 2025 and changing company name from Alpha Partners Technology Merger Corp. to Plum Acquisition Corp. III (effective 2024-02-01).

Change: charter amendment
Effective: 2024-02-01

Exact text from the filing

As approved by its stockholders at the extraordinary general meeting (the “EGM”), Alpha Partners Technology Merger Corp. (the “Company”) filed an Amended and Restated Memorandum and Articles of Association (the “A&R Charter”) on February 1, 2024, which (i) extended the date by which the Company has to consummate a business combination from July 30, 2024 to January 30, 2025, or such earlier date as shall be determined by the Company’s board of directors and (ii) changed the name of the Company from Alpha Partners Technology Merger Corp. to Plum Acquisition Corp. III (the “Name Change Proposal”).

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Plum Acquisition Corp. III filing history →

Source: SEC EDGAR

accession 0001213900-24-011116

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