Glazer Capital LLC Cuts Stake in Plum Acquisition Corp. I (NASDAQ:PLMI)

Glazer Capital LLC lessened its stake in shares of Plum Acquisition Corp. I (NASDAQ:PLMI) by 1.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 337,223 shares of the company’s stock after selling 5,313 shares during the period. Glazer Capital LLC owned about 3.00% of Plum Acquisition Corp. I worth $3,773,000 as of its most recent SEC filing.

Separately, Berkley W R Corp increased its position in Plum Acquisition Corp. I by 176.4% in the first quarter. Berkley W R Corp now owns 445,607 shares of the company’s stock worth $4,942,000 after buying an additional 284,381 shares during the last quarter. Hedge funds and other institutional investors own 25.88% of the company’s stock.

Plum Acquisition Corp. I Stock Down 25.0 %

Shares of NASDAQ PLMI opened at $9.00 on Tuesday. Plum Acquisition Corp. I has a one year low of $9.00 and a one year high of $12.05. The business’s fifty day moving average price is $10.22 and its 200-day moving average price is $10.67.

Plum Acquisition Corp. I Profile

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.