Welcome to our dedicated page for Plum Acquisition news (Ticker: PLMJF), a resource for investors and traders seeking the latest updates and insights on Plum Acquisition stock.
Plum Acquisition Corp. III (OTC: PLMJF) generates news primarily through its activities as a special purpose acquisition company pursuing a business combination. Recent disclosures and press releases focus on its proposed transaction with Tactical Resources Corp., a mineral exploration and development company, and the steps required to complete that deal.
News coverage for Plum includes announcements about the effectiveness of a registration statement on Form F-4 filed by Plum III Merger Corp. (Pubco) with the U.S. Securities and Exchange Commission, scheduling of special meetings of Plum stockholders to vote on the proposed Business Combination, and related shareholder communications. These items detail how Plum seeks approval for its domestication, amalgamations, governance changes, and Nasdaq listing-related share issuances.
Investors following PLMJF can also expect updates on amendments to the Business Combination Agreement, such as changes to outside dates for completion, lock-up arrangements for certain shareholders, and other structural terms. Additional news arises from financing arrangements tied to the transaction, including a standby equity purchase agreement and registration rights agreement with YA II PN, Ltd., which outline a standby equity line and pre-paid advances to Pubco.
This news page brings together regulatory announcements, SEC filings referenced in press releases, and transaction-related communications involving Plum, Pubco and Tactical Resources. It is a resource for tracking how shareholder votes, court approvals, stock exchange considerations and financing steps progress over time in connection with the proposed Business Combination.
Tactical Resources (TSX.V:RARE)(OTC:USREF) announced that the Form F-4 Registration Statement for its proposed business combination with Plum Acquisition Corp. III (OTC:PLMJF) was declared effective by the SEC on December 1, 2025. Key shareholder meetings are scheduled: Tactical Resources annual and special meeting on December 16, 2025 and Plum special meeting on December 22, 2025. Upon closing, the combined company is expected to operate as Tactical Resources Corp and list common shares on Nasdaq. The company says it will advance its Peak Project in West Texas, leverage a permitted site with 20+ years operational history, continue metallurgical pilot testing, and deploy recently secured financing to accelerate development.
Tactical Resources (TSXV:RARE)(OTC:USREF) has executed a third amendment to its business combination agreement with Plum Acquisition Corp. III (OTC:PLMJF). The amendment modifies the terms of their previously announced merger that will create a new Nasdaq-listed public company.
Key changes include: 80-85% of shares issued to Tactical Resources shareholders will be subject to a 6-month lock-up period, key securityholders have entered into lock-up agreements, and the completion deadline has been extended to July 30, 2026. The transaction is expected to close in Q4 2025, pending shareholder, regulatory, and court approvals.
The amendment received unanimous approval from the board's disinterested members following recommendation from the Special Committee, supported by Evans & Evans, Inc.'s updated fairness opinion.
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