Here are the 10-Q quarterly reports from Plum Acquisition Corp. IV Unit (PLMKU) 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 PLMKU 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 PLMKU filings page.
Plum Acquisition Corp. IV is a SPAC that has not yet begun operating activities and is focused on completing a business combination. As of June 30, 2026, it held $184.4 million in a Trust Account and reported total assets of $184.8 million.
For the six months ended June 30, 2026, Plum IV recorded net income of $1.8 million, driven by $3.1 million of interest on Trust investments, partially offset by $1.4 million of general and administrative expenses. A working capital deficit of $1.4 million and a deadline to complete a deal by January 16, 2027 led management to state substantial doubt about its ability to continue as a going concern.
The company entered into a Business Combination Agreement with Controlled Thermal Resources Holdings Inc. and later amended it, reducing the implied valuation from $4.5 billion to $3.15 billion and cutting potential earnout shares from 100 million to 70 million, while extending the outside closing date to April 30, 2027. In July 2026, shareholders approved an extension of the combination deadline and redeemed 13,540,384 public shares for about $145 million, leaving approximately $39.7 million in the Trust Account and significantly reducing the public float.
Plum Acquisition Corp. IV reported net income of $1.2 million for the quarter ended March 31, 2026, driven almost entirely by $1.45 million of interest on investments held in its Trust Account, while general and administrative expenses were $252,715. The SPAC held $182.7 million in U.S. Treasury securities in the Trust Account and only $93,512 of cash for working capital, resulting in a working capital deficit of $318,003. Management disclosed substantial doubt about the company’s ability to continue as a going concern because it must complete a business combination by July 16, 2026 or liquidate. During the quarter the company signed a Business Combination Agreement to merge with Controlled Thermal Resources Holdings Inc., with Plum redomiciling from the Cayman Islands to Delaware before closing and all Class B founder shares converting into common stock at the merger’s effective time.