Plum Acquisition Corp. I Files 8-K: Material Agreement, Officer Changes
Ticker: VEEAW · Form: 8-K · Filed: Sep 12, 2024 · CIK: 1840317
| Field | Detail |
|---|---|
| Company | Plum Acquisition Corp. I (VEEAW) |
| Form Type | 8-K |
| Filed Date | Sep 12, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $11.50, $5, $4.0 million, $2.0 million, $250,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, management-change, corporate-governance
Related Tickers: PLMI
TL;DR
Plum Acquisition Corp. I signed a big deal and changed some execs/directors. Big moves happening.
AI Summary
Plum Acquisition Corp. I announced on September 11, 2024, the entry into a material definitive agreement. The company also reported the departure of directors or certain officers, the election of directors, and the appointment of certain officers, along with compensatory arrangements for these officers. The filing also includes financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate actions, including a new material agreement and changes in leadership, which could impact the company's strategic direction and operational stability.
Risk Assessment
Risk Level: medium — The filing details material definitive agreements and changes in corporate officers and directors, which can introduce uncertainty and potential strategic shifts.
Key Players & Entities
- Plum Acquisition Corp. I (company) — Filer of the 8-K report
- September 11, 2024 (date) — Date of the earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Plum Acquisition Corp. I?
The filing states that Plum Acquisition Corp. I entered into a material definitive agreement, but the specific details of this agreement are not provided in the summary information.
Who are the directors or officers that have departed from Plum Acquisition Corp. I?
The filing indicates the departure of directors or certain officers, but their specific names are not listed in the provided summary.
Who has been elected as a director or appointed as an officer of Plum Acquisition Corp. I?
The filing mentions the election of directors and appointment of certain officers, but their identities are not specified in the summary.
What are the details of the compensatory arrangements for the newly appointed officers?
The filing notes that there are compensatory arrangements for certain officers, but the specifics of these arrangements are not detailed in the provided summary.
What is the SIC code for Plum Acquisition Corp. I?
The Standard Industrial Classification (SIC) code for Plum Acquisition Corp. I is 7373, which corresponds to SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN.
Filing Stats: 1,949 words · 8 min read · ~6 pages · Grade level 13.4 · Accepted 2024-09-11 21:53:01
Key Financial Figures
- $11.50 — Ordinary Share at an exercise price of $11.50 per share PLMIW The Nasdaq Stock Ma
- $5 — romissory and other notes at a price of $5 per share and a waiver of the net tangi
- $4.0 million — Closing the parties will raise at least $4.0 million in additional financing, comprised of a
- $2.0 million — tional financing, comprised of at least $2.0 million that will be available to the combined
- $250,000 — standing principal balance in excess of $250,000 will be converted into Class A Common S
Filing Documents
- ea0213893-8k425_plumacq1.htm (8-K) — 64KB
- ea021389301ex10-1_plumacq1.htm (EX-10.1) — 25KB
- ea021389301ex10-2_plumacq1.htm (EX-10.2) — 15KB
- ea021389301ex10-3_plumacq1.htm (EX-10.3) — 19KB
- ea021389301ex10-4_plumacq1.htm (EX-10.4) — 22KB
- ea021389301ex10-5_plumacq1.htm (EX-10.5) — 15KB
- ea021389301ex99-1_plumacq1.htm (EX-99.1) — 290KB
- 0001213900-24-077860.txt ( ) — 738KB
- plmi-20240911.xsd (EX-101.SCH) — 4KB
- plmi-20240911_def.xml (EX-101.DEF) — 27KB
- plmi-20240911_lab.xml (EX-101.LAB) — 37KB
- plmi-20240911_pre.xml (EX-101.PRE) — 25KB
- ea0213893-8k425_plumacq1_htm.xml (XML) — 7KB
02 Departure of Directors or Certain Officers; Election of
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 11, 2024, the Board of Directors of the Company elected Helder Antunes to fill the previously disclosed vacancy on the Company's board of directors to take effect upon the consummation of the Business Combination. Mr. Antunes is an entrepreneur, technologist, and executive with over 30 years of experience in Silicon Valley and around the world. Currently he serves as CEO of Crowdkeep, an Internet of Things (IoT) company specializing in asset, people, and condition tracking across multiple industries. Mr. Antunes previously served as a Cisco executive for over 20 years, crucial in leading corporate innovation and in the development of many of Cisco's many security products, such as IoS imbedded security, Cisco Virtual Office (CVO), and Dynamic Multipoint VPN, as well as leading projects like Cisco Connected Car, founding the OpenFog Consortium, and developing the reference architecture for all things IoT. A renowned expert in data security, Internet of Things (IoT), fog computing, and disruptive innovation, Mr. Antunes speaks at numerous conferences and symposiums around the world every year and has presented to the U.S. Congress, and the parliaments of countries like Norway and Portugal on the topics of technology and innovation. Mr. Antunes has also served as an advisor to the Government of Portugal and the Regional Government of the Azores, counseling on the topics of stimulating high tech development, fostering investment environments, and promoting science & technology education. 1 Item 9.01 Financial Statements and Exhibits (b) Pro forma financial information The pro forma condensed combined financial information of the Company as of June 30, 2024, and for the year ended December 31, 2023 and six months ended June 30, 2024 is attached as Exhibit 99.1 to this Report and is incorporated
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: September 11, 2024 By: /s/ Kanishka Roy Name: Kanishka Roy Title: Co-Chief Executive Officer and President 3