Source document

Loading document…
Sections2

Loading sections…

Sections in this filing

Financial Statements

Item 8.01. Other Events. As previously disclosed, Plum Acquisition Corp. IV (the “Company”) has called an extraordinary general meeting of shareholders to be held on July 10, 2026 (the “Meeting”) to approve, among other matters, a proposal to amend the Company’s amended and restated memorandum and articles of association (as amended the “Articles”) to amend the date by which the Company must consummate an initial business combination (the “Extension Amendment Proposal”) to January 16, 2027 (or up to July 16, 2027, if all 6 additional monthly extensions are exercised), or such earlier date as determined by the Company’s board of directors, in its sole discretion (the “Amendment”). In connection with the Meeting, the deadline for holders of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Class A ordinary shares”), issued in the Company’s IPO to submit their shares for redemption is 5:00 p.m. Eastern time on July 8, 2026. In connection with the Meeting and Amendment, the Company and Plum Partners IV, LLC (the “Sponsor”) intend to enter into one or more non-redemption agreements substantially in the form attached hereto as Exhibit 10.1 (the “Non-Redemption Agreements”) with one or more unaffiliated shareholders of the Company, pursuant to which such shareholders would agree not to redeem (or validly withdraw and rescind any redemption requests on) their Class A ordinary shares (the “Non-Redeemed Shares”) in connection with the Meeting. In consideration for the foregoing commitment not to redeem the Non-Redeemed Shares, the Sponsor anticipates agreeing to transfer to such shareholders Class B ordinary shares held by the Sponsor, or Class A ordinary shares upon conversion of the Class B ordinary shares as discussed below, (at the ratio set forth in Exhibit A to the Non-Redemption Agreement) substantially concurrently with the closing of the Company’s initial business combination (but no later than two business days thereafter) if such shareholders do not exercise their redemption rights with respect to their Non-Redeemed Shares in connection with the Meeting, and the Extension Amendment Proposal is approved and effected. The Non-Redemption Agreements are expected to increase the amount of funds that remain in the Company’s trust account following the Meeting, relative to the amount remaining in the trust account in the absence of the Non-R