Plum Acquisition Corp. III (OTC: PLMJF) expects 15-day delay to file 10-K

Rhea-AI Filing Summary

Plum Acquisition Corp. III submitted a Form 12b-25 notifying the SEC that its Annual Report on Form 10-K for the year ended December 31, 2025 will be filed late because a pending business combination with Tactical Resources Corp. experienced an unexpected delay. The company expects to use the 15-day extension under Rule 12b-25 to complete required disclosures and file the Annual Report.

Key Figures

SEC File Number: 001-40677 CUSIP: G63290111 Annual report period: Year ended December 31, 2025 +3 more

6 metrics

SEC File Number 001-40677 Form 12b-25 notification header

CUSIP G63290111 Registrant identifier shown on the form

Annual report period Year ended December 31, 2025 Form 10-K reporting period referenced in the notice

Extension period 15-day extension Rule 12b-25 extension expected to be used for filing the Annual Report

Signature date April 1, 2026 Date the Form 12b-25 was signed by the CEO

Contact telephone 929-529-7125 Registrant contact number listed on the form

Key Terms

Form 12b-25, business combination, forward-looking statements

3 terms

Form 12b-25 regulatory

"Notification of Late Filing; Rule 12b-25 extension provision"

Form 12b-25 is a notice a publicly traded company files with the U.S. Securities and Exchange Commission when it cannot deliver a required periodic report (like a quarterly or annual financial report) on time. It explains the reason for the delay and gives the company a short, temporary window to finish the report without being marked as delinquent; investors watch it because late filings can signal accounting, operational, or control issues that may affect a company’s reliability and stock risk, much like a missed homework deadline can raise concerns about a student’s preparedness.

business combination financial

"completing a business combination with Tactical Resources Corp."

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

forward-looking statements regulatory

"This Notification of Late Filing on Form 12b-25 contains forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

	FORM 12b-25	SEC FILE NUMBER
	NOTIFICATION OF LATE FILING	001-40677

(Check One):	☒ Form 10-K	☐ Form 20-F	☐ Form 11-K	☐ Form 10-Q
	☐ Form 10-D	☐ Form N-CEN	☐ Form N-CSR		CUSIP NUMBER
					G63290111

For Period Ended: December 31, 2025

☐ Transition Report on Form 10-K

☐ Transition Report on Form 20-F

☐ Transition Report on Form 11-K

☐ Transition Report on Form 10-Q

For the Transition Period Ended:____________________________

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

PART I -- REGISTRANT INFORMATION

Plum Acquisition Corp. III

Full Name of Registrant

Former Name if Applicable

2021 Fillmore St., #2089

Address of Principal Executive Office (Street and Number)

San Francisco, CA 94115

City, State and Zip Code

PART II -- RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

	(a)	The reason described in reasonable detail in Part III of this Form could not be eliminated without unreasonable effort or expense;
☒	(b)	The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
	(c)	The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III -- NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report portion thereof, could not be filed within the prescribed time period.

Plum Acquisition Corp. III (the “Company”) is in the process of completing a business combination with Tactical Resources Corp. The Company originally anticipated completing the business combination prior to the original filing date of the Form 10-K for the year ended December 31, 2025 (the “Annual Report”). Due to the unexpected delay in closing the business combination, additional time is needed to finalize the required disclosures to be included in the Annual Report. The Company is working diligently to complete the Annual Report and currently expects to file the Annual Report within the fifteen-day extension period provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended.

PART IV -- OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification

Kanishka Roy		929		529-7125
(Name)		(Area Code)		(Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). ☒ Yes ☐ No

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ☐ Yes ☒ No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

Forward-Looking Statements

This Notification of Late Filing on Form 12b-25 (“Form 12b-25”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the expected timing of filing the Form 10-K. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual future events, results or achievements to be materially different from the Company’s expectations and projections expressed or implied by the forward-looking statements. The important factors include, but are not limited to, the finalization of the Company’s financial statements, completion of the Company’s annual closing processes and procedures, as well as the general business, financial and accounting risks and the other important factors discussed under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and the Company’s other filings with the SEC from time to time. These forward-looking statements speak only as of the date of this Form 12b-25 and are based on information available to the Company as of the date of this Form 12b-25, and the Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. 

2

Plum Acquisition Corp. III
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 1, 2026
	By:	/s/ Kanishka Roy
		Kanishka Roy President and Chief Executive Officer

3

FAQ

Why did PLMJF file a Form 12b-25?

PLMJF filed Form 12b-25 because an unexpected delay in closing its business combination with Tactical Resources Corp. requires extra time to finalize disclosures for the Form 10-K for the year ended December 31, 2025. The company expects to file within the 15-day extension period.

How long is the extension PLMJF expects under Rule 12b-25?

PLMJF expects to use the 15-day extension provided under Rule 12b-25 for annual reports. The company stated it currently expects to file the Form 10-K within that 15-calendar-day extension following the prescribed due date.

Does the Form 12b-25 state any financial impact from the delay for PLMJF?

The filing does not disclose any quantified financial impact. It states the delay is to finalize required disclosures related to the business combination; no revenues, expenses, or other financial figures related to the delay are provided in this notice.

Who signed the Form 12b-25 for PLMJF and when?

The Form 12b-25 was signed by Kanishka Roy, President and Chief Executive Officer of Plum Acquisition Corp. III, with the signature dated April 1, 2026, attesting to the notification of late filing.