---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-108329"
form_type: "8-K"
ticker: "PLMJF"
cik: "0001845550"
company_name: "Plum Acquisition Corp. III"
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:36:42.196864+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tactical secures up to US$140M Yorkville financing for SPAC merger and rare earths

## Summary
- Up to US$100M standby equity line and US$40M in convertible debt from Yorkville; US$7.5M advanced at closing.
- Yorkville notes bear 5% interest, mature 12 months from closing; conversion price based on market with 20% floor.
- Business combination with Plum Acquisition Corp. III (OTC: PLMJF) expected to close Q4 2025, listing on Nasdaq.
- Tactical has rights to existing rare earth tailings at an operational Texas mine, providing immediate feedstock.
- Yorkville granted 24-month right of first refusal on any at-the-market offerings by Pubco.

## SEC filing metadata
- accession: 0001213900-25-108329
- form_type: 8-K
- ticker: PLMJF
- cik: 0001845550
- company_name: Plum Acquisition Corp. III
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845550/000121390025108329/0001213900-25-108329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845550/000121390025108329/ea0264787-8k425_plum3.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-108329
- JSON: https://secwatch.observer/filing/0001213900-25-108329.json
- Plain text: https://secwatch.observer/filing/0001213900-25-108329.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.