other material
confidence high
sentiment neutral
materiality 0.75
Plum Acquisition Corp. IV completes $172.5M IPO, including full over-allotment
Plum Acquisition Corp, IV
- IPO of 17,250,000 units at $10.00 each, gross proceeds $172.5M.
- Private placement of 672,875 units and 570,000 restricted shares raised $6.73M.
- Total $174.2M deposited in trust for future business combination; 18-month deadline.
- Allan Chou, Anjai Gandhi, Avanish Sahai appointed to the board and all committees.
- CEO Kanishka Roy and CFO Steven Handwerker each receive $20,833/month consulting fees.