Source document
Loading sections…
Sections in this filing
Financial Statements
Item 8.01. Other Events. Announcement of Estimated Redemption Price As previously disclosed, Plum Acquisition Corp. IV (the “ Company ”) will hold an extraordinary general meeting of its shareholders (the “ Shareholder Meeting ”) on July 10, 2026 at 9:00 a.m., Eastern Time, at the offices of Greenberg Traurig, P.A., located at 777 S. Flagler Drive, Suite 300 East, West Palm Beach, FL 33401, where shareholders will be asked, among other things, to amend the Company’s amended and restated memorandum and articles of association to extend the date (the “ Termination Date ”) by which the Company has to consummate a business combination from July 16, 2026 to January 16, 2027 (the “ Articles Extension Date ”) and to allow the Company, without another shareholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to six times by an additional one month each time after the Articles Extension Date, by resolution of the Company’s board of directors if requested by Plum Partners IV, LLC and upon five days’ advance notice prior to the applicable Termination Date, until July 16, 2027, or a total of up to twelve months after the Termination Date, unless the closing of a business combination shall have occurred prior to such date (the “ Extension Amendment Proposal ”). In connection with the Extension Amendment Proposal, shareholders may elect to redeem their public shares (an “Election”) at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account established in connection with the Company’s initial public offering (the “Trust Account”), including interest earned on the Trust Account, divided by the number of then outstanding public shares. Based upon the amount in the Trust Account as of July 9, 2026, which was approximately $184,528,681.34, the preliminary estimated per-share price at which public shares will be redeemed in connection with an Election will be approximately $10.6973 at the time of the Shareholder Meeting. The closing price of the public shares on the Nasdaq Stock Market, LLC on July 9, 2026, was $10.77. The Company cannot assure shareholders that they will be able to sell their public shares in the open market, even if the market price per share is higher than the redemption price stated above, as there may not be sufficient liquidity in the Company’s se