03:56 AM EST, 01/15/2025 (MT Newswires) -- Plum Acquisition Corp. IV ( PLMKU ) 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.