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Plum Acquisition Corp. I - PLMI STOCK NEWS

Welcome to our dedicated page for Plum Acquisition I news (Ticker: PLMI), a resource for investors and traders seeking the latest updates and insights on Plum Acquisition I stock.

Plum Acquisition Corp. I (PLMI) is a leading operator-driven SPAC platform focused on accelerating partner companies' public market success. This page provides centralized access to official announcements, strategic developments, and financial updates essential for tracking PLMI's business combinations and market impact.

Investors and analysts will find timely information about merger targets, warrant coverage updates, and partnership milestones. The curated news collection spans key areas including acquisition announcements, leadership changes, and progress reports on PLMI's proprietary 'Accelerating Through the Bell' operational playbook.

All content is verified for accuracy and relevance, featuring press releases on potential business combinations, investor communications, and analyses of PLMI's unique value proposition in the SPAC sector. Regular updates ensure stakeholders stay informed about developments affecting shareholder value and market positioning.

Bookmark this page for streamlined access to PLMI's evolving corporate journey. Check back frequently to monitor how their experienced team leverages $420B+ in collective enterprise value creation to drive partner success in public markets.

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Sakuu Corporation has entered into a definitive merger agreement with Plum Acquisition Corp. I (NASDAQ: PLMI), establishing an enterprise value of approximately $705 million. The transaction will allow Sakuu to become publicly traded, enabling further commercialization of its additive manufacturing technologies for solid-state batteries. The company boasts existing purchase orders exceeding $300 million for 2023-2025 and plans to raise about $100 million in capital. Closing is anticipated in Q3 2023. This merger positions Sakuu to leverage Plum’s leadership as it aims to disrupt the battery manufacturing industry.

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Plum Acquisition Corp. I, formed by Ursula Burns and other tech leaders, announced its IPO of 30 million units priced at $10 each. The units will trade on Nasdaq under the symbol PLMI U starting March 16, 2021. Each unit includes one Class A share and a fifth of a warrant, with each whole warrant entitling purchase at $11.50. The company plans to focus on potential business combinations in internet and software sectors. Goldman Sachs is the sole book-running manager, with a 45-day option for an additional 4.5 million units.

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FAQ

What is the current stock price of Plum Acquisition I (PLMI)?

The current stock price of Plum Acquisition I (PLMI) is $11.18 as of February 7, 2025.

What is the market cap of Plum Acquisition I (PLMI)?

The market cap of Plum Acquisition I (PLMI) is approximately 125.6M.
Plum Acquisition Corp. I

Nasdaq:PLMI

PLMI Rankings

PLMI Stock Data

125.62M
11.24M
71.94%
30.11%
0.01%
Shell Companies
Services-computer Integrated Systems Design
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United States
SAN FRANCISCO,