Plum Acquisition Corp, IV
Business
Plum Acquisition Corp, IV is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It offers capital markets access through units comprised of Class A ordinary shares and public warrants, and conducts private placement and sponsor arrangements in connection with its public offering. Its activities are organized around identifying and completing an initial business combination, with governance, trust account oversight and shareholder redemption mechanisms. It targets prospective acquisitions across industries and geographic regions without limitation and distributes securities through public offerings, private placements and trust-account-backed transactions.
Summary from filing dated 2025-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation and general and administrative costs | 1 | |
| Loss from operations | −1 | |
| Interest earned on marketable securities held in Trust Account | 7 | |
| Interest earned on operating account | 12,869 | |
| Total other income | 7 | |
| Net income (loss) | 6 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-05-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 296,249 | 3,864 | — | |
| Prepaid expenses | 96,976 | — | — | |
| Total current assets | 393,225 | 3,864 | — | |
| Long-term prepaid expenses | 3,542 | — | — | |
| Deferred offering costs | — | 438,352 | — | |
| Investments held in Trust Account | 181 | — | — | |
| Total Assets | 182 | 442,216 | — | |
| Accrued expenses | 138,935 | 42,445 | — | |
| Due to officer | — | 12,374 | — | |
| Accrued offering costs | 75,000 | 304,904 | — | |
| Total current liabilities | 463,935 | 509,196 | — | |
| Deferred underwriting fee | 7 | — | — | |
| Total Liabilities | 7 | 509,196 | — | |
| Commitments and Contingencies (Note 6) | — | — | — | |
| Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at December 31, 2025 and 2024 | — | — | — | |
| Additional paid-in capital | — | 24,425 | — | |
| Accumulated deficit | −7 | −91,980 | — | |
| Total Shareholders Deficit | −7 | −66,980 | — | |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders Deficit | 182 | 442,216 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Payment of expenses through promissory note-related party | — | |
| Payment of formation and operating costs through promissory note related party | 8,550 | |
| Compensation expense | 36,750 | |
| Prepaid expenses | 11,724 | |
| Due from Sponsor | 1,295 | |
| Long-term prepaid expenses | −3,542 | |
| Due to officer | −12,374 | |
| Accounts payable and accrued expenses | 96,490 | |
| Net cash used in operating activities | −869,506 | |
| Investment of cash into Trust Account | −174 | |
| Net cash used in investing activities | −174 | |
| Proceeds from sale of founder shares | — | |
| Proceeds from sale of Units, net of underwriting discounts paid | 169 | |
| Proceeds from sale of private placements units | 7 | |
| Proceeds from promissory note - related party | 250,000 | |
| Repayment of promissory note - related party | −285,318 | |
| Payment of offering costs | −356,541 | |
| Net cash provided by financing activities | 175 | |
| Net Change in Cash | 292,385 | |
| Deferred offering costs paid through promissory note related party | 17,300 | |
| Deferred underwriting fee payable | 7 | |
| Deferred offering costs included in accrued offering costs | — |