Here are the 10-Q quarterly reports from Plum Acq Corp III A (PLMJF) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PLMJF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PLMJF filings page.
Plum Acquisition Corp. III reported Q1 2026 net income of $4.4 million, mainly from a $4.6 million non‑cash gain on warrant liabilities. Core operations remain minimal, with general and administrative expenses of $0.24 million versus $0.53 million a year earlier.
The SPAC held $497,828 in its trust account and only $438 of cash outside the trust as of March 31, 2026, against a working capital deficit of $6.2 million and related‑party promissory notes totaling $2.16 million. Extensive redemptions have reduced Class A shares subject to redemption to 42,486, and the company must complete its business combination by July 30, 2026 or liquidate, leading management to highlight substantial doubt about its ability to continue as a going concern.
Plum Acquisition Corp. III reported a Q3 2025 net loss of $275,968, narrowing from the prior year. Results reflect minimal operating activity typical of a SPAC, with interest income of $6,868 and a $238,541 gain from warrant revaluation.
Redemptions continued to shrink the trust: investments held in the Trust Account were $490,623 at September 30, 2025, down from $25,630,285 at year‑end, tied to Class A shares subject to redemption declining to 42,486. Cash outside the trust was $107,345, warrant liabilities were $2,071,199, and promissory notes due to the sponsor totaled $2,024,867. The company reported a working capital deficit of $4,777,567 and disclosed substantial doubt about its ability to continue as a going concern.
The SPAC extended its deadline to complete a business combination to July 30, 2026 and continues to pursue its merger with Tactical Resources Corp., with amendments allowing a reverse split (up to 25‑for‑1), extending the agreement end date to July 30, 2026, and locking up 80%–85% of consideration shares for six months post‑close. Shares trade on OTC Pink Current; as of October 27, 2025, 907,486 Class A and 7,062,500 Class B shares were outstanding.