{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-105485","form_type":"8-K","ticker":"PLMK","cik":"0002030482","company_name":"Plum Acquisition Corp, IV","filed_at":"2026-10-01T13:16:28+00:00","discovered_at":"2026-10-01T13:17:00.263203+00:00","generated_at":"2026-10-12T14:18:54.396800+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Plum IV and CTR announce agreements to convert ~$205M convertible debt to equity ahead of proposed business combination","bullets":["CTR's outstanding convertible notes expected to total about $245M at closing; ~$205M expected to convert to equity and ~$40M into a new planned PIPE.","Combined company expected to operate as Controlled Thermal Resources and list on Nasdaq under ticker CTRH; deal expected to close in Q4 2026.","CTR plans Stage 1 Power as a 50 MW geothermal facility with commercial operation in 2028, plus Stage 1 Lithium targeting 25,000 metric tons annually in 2030.","CTR plans ~650 MW of renewable baseload geothermal generation and has invested ~$310M in Hell's Kitchen development to date.","Plum IV CEO Kanishka Roy says the steps simplify CTR's balance sheet ahead of proposed listing; CTR CEO Rod Colwell cites greater flexibility for Stage 1 project financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-105485","json":"https://secwatch.observer/filing/0001213900-26-105485.json","markdown":"https://secwatch.observer/filing/0001213900-26-105485.md","text":"https://secwatch.observer/filing/0001213900-26-105485.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2030482/000121390026105485/0001213900-26-105485-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2030482/000121390026105485/ea0307325-8k425_plum4.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:18:54.396800+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}