Aidin Aghamiri
On April 28, 2025, the board of directors (the “Board”) of Plum Acquisition Corp. IV (the “Company”) appointed Mr. Aidin Aghamiri to serve as an independent director of the Company, effective April 25, 2025.
Highest-materiality recent filing
Plum IV updates investor presentation for CTR geothermal-lithium merger; no new deal terms
Updated investor presentation dated Aug 19, 2026 supersedes March 9, 2026 version for proposed business combination with Controlled Thermal Resources.
Plum Acquisition Corp. IV shareholders approve extension to Jan 2027; ~$145M redeemed
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.
Valuation reduced from $4.5B to $3.15B; earnout shares cut from 100M to 70M.
Plum Acquisition IV estimates redemption price ~$10.6973/share for extension vote on July 10, 2026
Trust account balance ~$184.5M as of July 9, 2026; estimated redemption price ~$10.6973 per share.
Extraordinary general meeting set for July 10, 2026 to approve extension of business combination deadline to January 16, 2027 (or up to July 16, 2027 with monthly extensions).
Meeting originally July 2, 2026 postponed to July 10, 2026 at 9:00 a.m. ET.
Plum Acquisition Corp. IV amends business combination agreement, extends key deadlines
Company financial statements deadline extended to June 15, 2026 (audited) and June 30, 2026 (pro forma).
Plum IV SPAC signs business combination agreement with Controlled Thermal Resources
Sponsor must fund at least $15M in PIPE investment; $10M bridge note also required prior to close.
Plum IV (PLMK) to merge with Controlled Thermal Resources at ~$4.7B enterprise value
CTR valued at ~$4.7B pro forma enterprise value; combined entity to list on Nasdaq as 'CTRH'.
Plum IV and American Critical Resources announce LOI for business combination
Non-binding LOI for SPAC merger with ACR, subsidiary of Controlled Thermal Resources.
Plum IV and American Critical Resources sign non-binding LOI for business combination
ACR targets up to 100,000 metric tons annual lithium carbonate from Hell's Kitchen project at Salton Sea, CA.
Plum Acquisition Corp. IV issues up to $1.5M promissory note to sponsor
Up to $1.5M unsecured promissory note issued July 8, 2025 to sponsor Plum Partners IV, LLC.
Plum Acquisition Corp. IV appoints Aidin Aghamiri as independent director
Aghamiri, 41, appointed effective April 25, 2025; he is an entrepreneur and data center developer for AI workloads.
Effective Jan 31, 2025, unit holders may elect to separate units into Class A ordinary shares and warrants.
Plum Acquisition Corp. IV closes IPO raising $172.5M, total trust $174.2M
IPO of 17,250,000 units at $10.00/unit, including full over-allotment; gross proceeds $172.5M.
Trust interest available only for taxes and up to $100,000 in dissolution expenses; no working capital withdrawals.
Plum Acquisition Corp. IV completes $172.5M IPO, including full over-allotment
IPO of 17,250,000 units at $10.00 each, gross proceeds $172.5M.
On April 28, 2025, the board of directors (the “Board”) of Plum Acquisition Corp. IV (the “Company”) appointed Mr. Aidin Aghamiri to serve as an independent director of the Company, effective April 25, 2025.
Max materiality 0.90 · Median 0.60 · Most common event m_and_a