Plum Acquisition Corp. IV shareholders approve extension to Jan 2027; ~$145M redeemed

Plum Acquisition Corp, IV

Shareholders approved extension of business combination deadline from July 16, 2026 to January 16, 2027, with option for monthly extensions up to July 16, 2027.
Holders of 13,540,384 Public Shares redeemed at ~$10.71/share, aggregate ~$145M, leaving ~$39.7M in trust.
Sponsor and independent directors converted 5,749,999 Class B shares into Class A shares (non-redeemable).
After conversions and redemptions, 10,702,490 Class A shares and 1 Class B share outstanding.
Adjournment proposal not needed as extension proposal passed.

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