Plum Acquisition Corp. IV Prices IPO at $10 per Unit

MT Newswires Live
01-15

Plum Acquisition Corp. IV said late Tuesday it has priced an initial public offering of 15 million units at $10 per unit.

The units are expected to be listed for trading on Nasdaq under the ticker symbol "PLMKU" beginning Wednesday, the blank-check company said.

Each unit consists of one ordinary share and one-half of a redeemable warrant, with each whole warrant entitling the holder to purchase an ordinary share for $11.50, the company said.

Once the securities begin separate trading, the ordinary shares and warrants are due to be listed under the symbols "PLMK" and "PLMKW," respectively.

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