other material
confidence high
sentiment negative
materiality 0.75
Plum Acquisition Corp III delisted from Nasdaq, moves to OTC Pink; amends business combination agreement
Plum Acquisition Corp. III
- Plum's securities suspended from Nasdaq after market close on Jan 27, 2025 due to non-compliance.
- On Jan 28, 2025, Class A ordinary shares, warrants, and units began trading on OTC Pink under symbols PLMJF, PLMWF, PLMUF.
- Entered Amendment No. 2 to Business Combination Agreement with Tactical Resources Corp to include January 2025 Convertible Debentures.
- The January 2025 Convertible Debentures are 10.0% unsecured convertible debentures issued on Jan 21, 2025.
- The amendment clarifies that these debentures will be subject to same treatment upon closing of the business combination.