Plum Acquisition Corp. III Signs Material Definitive Agreement

TL;DR

PLUM signs a big deal, could be an acquisition. Details TBD.

AI Summary

Plum Acquisition Corp. III entered into a Material Definitive Agreement on December 10, 2024. The company, formerly known as Alpha Partners Technology Merger Corp. until February 10, 2021, is a blank check company operating in the Real Estate & Construction sector. The filing does not specify the other party to the agreement or any financial details.

Why It Matters

This filing indicates a significant step for Plum Acquisition Corp. III, potentially signaling a business combination or acquisition, which could impact its future operations and shareholder value.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which is a significant event, but lacks specific details about the transaction, creating uncertainty.

Key Players & Entities

• Plum Acquisition Corp. III (company) — Filer of the 8-K
• Alpha Partners Technology Merger Corp. (company) — Former name of Plum Acquisition Corp. III
• December 10, 2024 (date) — Date of the Material Definitive Agreement
• February 10, 2021 (date) — Date of name change from Alpha Partners Technology Merger Corp.

FAQ

Key Financial Figures

• $0.0001 — ncluded as part of the Units, par value $0.0001 per share PLMJ The Nasdaq Stock Mar
• $11.50 — ordinary share at an exercise price of $11.50 per share PLMJW The Nasdaq Stock Ma
• $5,000,001 — um have net tangible assets of at least $5,000,001 immediately prior to, or upon consummat

Filing Documents

• ea0224336-8k425_plumacqu3.htm (8-K) — 52KB
• ea022433601ex2-1_plumacqu3.htm (EX-2.1) — 38KB
• 0001213900-24-107604.txt ( ) — 331KB
• plmj-20241210.xsd (EX-101.SCH) — 4KB
• plmj-20241210_def.xml (EX-101.DEF) — 27KB
• plmj-20241210_lab.xml (EX-101.LAB) — 37KB
• plmj-20241210_pre.xml (EX-101.PRE) — 26KB
• ea0224336-8k425_plumacqu3_htm.xml (XML) — 8KB

01 Entry into a Material Definitive

Item 1.01 Entry into a Material Definitive Agreement. On December 10, 2024, Plum Acquisition Corp. III, a Cayman Islands exempted company ("Plum"), and Tactical Resources Corp., a corporation formed under the Laws of the Province of British Columbia ("Tactical"), entered into an amendment (the "Amendment") to the Business Combination Agreement, dated as of August 22, 2024 (the "Business Combination Agreement"), by and among Plum, Tactical, Plum III Merger Corp., a corporation formed under the Laws of the Province of British Columbia ("Pubco"), and Plum III Amalco Corp., corporation formed under the Laws of the Province of British Columbia. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Business Combination Agreement. The Amendment, among other things, provides (a) that Plum will apply for and effect a listing of Plum's publicly-traded securities with OTC Markets Group ("OTC Markets"), which listing will take effect no later than ten business days following any delisting of such Plum securities from Nasdaq on January 27, 2025 (the "Nasdaq De-Listing Date"), (b) that Plum shall prepare and file with the U.S. Securities and Exchange Commission ("SEC") a proxy statement for the purpose of amending the Amended and Restated Memorandum and Articles of Association of Plum (the "Articles") to (i) extend the deadline for Plum to consummate an initial business combination from January 30, 2025 to July 30, 2025 (the "Extension Amendment Proposal") and (ii) remove the requirement in Plum's Articles that Plum have net tangible assets of at least $5,000,001 immediately prior to, or upon consummation of, an initial business combination (the "NTA Amendment Proposal" and such requirement, the "NTA Requirement"), (c) that Plum comply with all applicable rules and regulations of Nasdaq or OTC Markets, as applicable, (d) that Plum use commercially reasonable efforts to ensure that Plum's publicly-traded securities continue to be quali

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains certain forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "potential," "predict," "may," "might," "could," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions and each of their respective negative forms. These forward-looking the completion or benefits of the Business Combination or the likelihood or ability of the parties to successfully complete the Business Combination; expectations with respect to future operating and financial results for Pubco, Plum and Tactical; and the expected ownership structure of Pubco. These statements are based on various assumptions, whether or not identified in this report, and on the current expectations of Tactical's and Plum's management, and are not predictions of actual performance or results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied upon as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. 2

Forward-looking statements

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and are subject to inherent risks and uncertainties that may cause Plum's, Pubco's or Tactical's activities or results to differ significantly from those expressed in any forward-looking statement, including: (a) changes in domestic and foreign business, market, financial, political and legal conditions; (b) the likelihood of completion of the Business Combination, including the risk that the Business Combination may not close due to one or more closing conditions set forth in the definitive written agreement providing for the Business Combination not being satisfied or waived on a timely basis or otherwise, or that the required approvals of the shareholders of the parties, or any applicable regulatory approvals, may not be obtained; (c) the risk that the Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of Plum's or Tactical's securities; (d) the outcome of any legal proceedings that may be instituted against the parties, or any of their respective directors or executive officers, following the announcement of the Business Combination; (e) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining applicable regulatory approvals for the Business Combination; (f) failure to realize the anticipated benefits of the Business Combination; (g) the potential inability to consummate any PIPE financing on terms or in amounts satisfactory to the parties; (h) the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive written agreement providing for the Business Combination; (i) the ability of Pubco to meet stock exchange listing standards following the consummation of the Business Combination; (j) t

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 2.1 Amendment No. 1 to the Business Combination Agreement, dated December 10, 2024 by and between Plum Acquisition Corp. III and Tactical Resources Corp. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 4

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. PLUM ACQUISITION CORP. III Date: December 10, 2024 By: /s/ Kanishka Roy Name: Kanishka Roy Title: President and Chief Executive Officer 5

View Full Filing

View this 8-K filing on SEC EDGAR