secwatch.observer — SEC 8-K summary
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Issuer:     Plum Acquisition Corp, IV (PLMK)
CIK:        0002030482
Form:       8-K
Filed at:   2025-07-14T23:59:59+00:00
Accession:  0001213900-25-063705
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plum Acquisition Corp. IV issues up to $1.5M promissory note to sponsor
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- Up to $1.5M unsecured promissory note issued July 8, 2025 to sponsor Plum Partners IV, LLC.
- Note bears no interest; principal due upon consummation of initial business combination.
- Sponsor may convert outstanding principal into post-combination shares at $10.00 per share.
- If no business combination by charter deadline, repayment obligation is automatically forgiven.
- Proceeds to fund working capital; note includes trust account waiver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2030482/000121390025063705/0001213900-25-063705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2030482/000121390025063705/ea0248799-8k_plum4.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-063705

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer