Plum Acquisition Corp. IV $PLMK

What the company doesAI summary of filing

Plum Acquisition Corp. IV is a blank check company incorporated in the Cayman Islands formed to effect a merger, share exchange, asset acquisition, or similar business combination with one or more operating businesses, without limitation to a particular industry or geographic region. On January 16, 2025, the company completed an initial public offering of 17.25 million units at $10.00 per unit, generating gross proceeds of $172.5 million, together with a concurrent private placement generating $6.7 million. On March 8, 2026, the company entered into a business combination agreement with Controlled Thermal Resources Holdings Inc., which is subject to shareholder and customary closing approvals. The company has no current revenue and is a pre-revenue stage entity seeking to identify and complete an initial business combination by July 16, 2026. [10-K 2026-03-31]