Plum Acquisition Corp. I Files 8-K
Ticker: VEEAW · Form: 8-K · Filed: Jun 21, 2024 · CIK: 1840317
| Field | Detail |
|---|---|
| Company | Plum Acquisition Corp. I (VEEAW) |
| Form Type | 8-K |
| Filed Date | Jun 21, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $11.50, $100,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, corporate-action, filing
Related Tickers: PLMI
TL;DR
Plum Acquisition Corp. I (PLMI) filed an 8-K, likely related to corporate actions or a business combination.
AI Summary
Plum Acquisition Corp. I filed an 8-K on June 21, 2024, reporting events as of June 14, 2024. The filing indicates amendments to articles of incorporation or bylaws, submission of matters to a vote of security holders, and financial statements and exhibits. Plum Acquisition Corp. I is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands.
Why It Matters
This 8-K filing signals that Plum Acquisition Corp. I is undergoing corporate changes and potentially moving towards a business combination or other significant corporate actions.
Risk Assessment
Risk Level: medium — SPAC filings can indicate significant corporate events, including potential mergers or acquisitions, which carry inherent risks and uncertainties.
Key Numbers
- 20240614 — Event Date (Earliest event reported in the 8-K)
- 20240621 — Filing Date (Date the 8-K was filed with the SEC)
Key Players & Entities
- Plum Acquisition Corp. I (company) — Registrant
- 0001840317 (company) — Central Index Key
- PLMI (company) — Ticker Symbol
FAQ
What specific amendments were made to Plum Acquisition Corp. I's articles of incorporation or bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in this summary section of the 8-K.
What matters were submitted to a vote of security holders?
The filing states that matters were submitted to a vote, but the nature of these matters is not detailed in the provided text.
What financial statements and exhibits are included with this filing?
The filing mentions the inclusion of financial statements and exhibits, but their specific content is not detailed here.
What is the exercise price for the warrants included as part of the units?
The exercise price for the warrants is $11.50 per share.
What is the primary business of Plum Acquisition Corp. I?
Plum Acquisition Corp. I is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands, with its principal business address in San Francisco, CA.
Filing Stats: 1,074 words · 4 min read · ~4 pages · Grade level 14.2 · Accepted 2024-06-21 16:30:25
Key Financial Figures
- $11.50 — Ordinary Share at an exercise price of $11.50 per share PLMIW The Nasdaq Stock Ma
- $100,000 — Company (less taxes payable and up to US$100,000 of interest to pay dissolution expenses
Filing Documents
- ea0208072-8k425_plum1.htm (8-K) — 41KB
- ea020807201ex3-1_plum1.htm (EX-3.1) — 6KB
- ex3-1_001.jpg (GRAPHIC) — 23KB
- 0001213900-24-054801.txt ( ) — 308KB
- plmi-20240614.xsd (EX-101.SCH) — 4KB
- plmi-20240614_def.xml (EX-101.DEF) — 27KB
- plmi-20240614_lab.xml (EX-101.LAB) — 37KB
- plmi-20240614_pre.xml (EX-101.PRE) — 25KB
- ea0208072-8k425_plum1_htm.xml (XML) — 7KB
03 Amendments to Articles of Incorporation or Bylaws; Change
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year On June 14, 2024, Plum held its extraordinary general meeting of shareholders (the " Meeting "). As approved by its shareholders at the Meeting Plum filed the Amended and Restated Memorandum and Articles of Association (the " A&R Charter ") on June 18, 2024, which extended the date by which Plum has to consummate a business combination to September 14, 2024. The foregoing description is qualified in its entirety by reference to the A&R Charter, a copy of which is attached as Exhibit 3.1 and is incorporated by reference herein.
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. As of the close of business on April 25, 2024, the record date for the Meeting, there were 11,236,002 Class A ordinary shares (" Class A Ordinary Shares ") outstanding, each of which was entitled to one vote with respect to the Extension Proposal and the Adjournment Proposal, and there were no Class B ordinary shares outstanding. A total of 10,007,957 Class A Ordinary Shares, representing 89.07% of the total Class A Ordinary Shares entitled to vote at the Meeting, were present in person or by proxy, constituting a quorum. The proposals listed below are described in more detail in Plum's proxy results at the Meeting is set forth below: Proposal No. 1 – Extension Proposal : Our shareholders ratified, as a special resolution, that Article 49.7 of Plum's Amended and Restated Memorandum and Articles of Association be deleted in its entirety and replaced with the following new Article 49.7: "In the event that the Company does not consummate a Business Combination upon the date which is the later of (i) 18 December 2024 and (ii) such later date as may be approved by the Members in accordance with the Articles (in any case, such date being referred to as the "Termination Date"), the Company shall (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-Share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company (less taxes payable and up to US$100,000 of interest to pay dissolution expenses), divided by the number of the then Public Shares in issue, which redemption will completely extinguish public Members' rights
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1 Amendment to Amended and Restated Memorandum and Articles of Association, dated June 18, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
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 hereunto duly authorized. PLUM ACQUISITION CORP. I Dated: June 21, 2024 By: /s/ Kanishka Roy Name: Kanishka Roy Title: Co-Chief Executive Officer and President 3