Plum Acquisition Corp, IV’s Quiet Period Set To Expire on February 24th (NASDAQ:PLMKU)

Plum Acquisition Corp, IV’s (NASDAQ:PLMKU) quiet period will expire on Monday, February 24th. Plum Acquisition Corp, IV had issued 15,000,000 shares in its initial public offering on January 15th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During Plum Acquisition Corp, IV’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Plum Acquisition Corp, IV Stock Up 0.1 %

Shares of PLMKU opened at $10.06 on Monday. Plum Acquisition Corp, IV has a 12-month low of $10.02 and a 12-month high of $10.74.

Plum Acquisition Corp, IV Company Profile

We are a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.