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Plum Acquisition I Stock Price, News & Analysis

PLMI NASDAQ

Company Description

Plum Acquisition Corp. I (symbol: PLMI) is a premier Special Purpose Acquisition Company (SPAC) focused on collaborating with operating businesses to unlock their full potential. Based on a strategic, operator-driven platform, Plum leverages its specialized expertise to cater to partner companies with a goal of maximizing their success in the public markets.

Comprised of a highly experienced team of 48 global members, Plum has collectively generated over $420 billion in enterprise value and boosted revenues by $130 billion through their operational roles. This impressive track record underscores their proficiency and dedication in creating substantial value for their partners.

Plum offers an innovative 'Accelerating Through the Bell' playbook, which supports companies in ten strategic areas, including diversity, equity, and inclusion (DEI), direct introductions to Fortune-500 CEOs, and fostering international growth. This comprehensive support system is designed to ensure their partner companies can navigate the complexities of public market success with ease.

Financially, Plum Acquisition Corp. I boasts highly favorable warrant coverage at a ratio of 1/5 and is backed by elite long-term, fundamental investors. This strong financial foundation provides a robust backing for their partner companies, further enhancing their potential for growth and success.

As a blank check company, Plum Acquisition Corp. I was formed with the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Their innovative and collaborative approach sets them apart in the SPAC landscape, making them a valuable partner for businesses looking to thrive in the public sphere.

Stock Performance

$—
0.00%
0.00
Last updated:
7.64 %
Performance 1 year
$125.6M
Market Cap
11.2M
Shares outstanding

SEC Filings

No SEC filings available for Plum Acquisition I.

Financial Highlights

$0
Revenue (TTM)
$3,225,787
Net Income (TTM)
-$178,871
Operating Cash Flow
0.03
Current Ratio
-$789,241
Operating Income
Diluted EPS (TTM)

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Frequently Asked Questions

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.

What is the revenue (TTM) of Plum Acquisition I (PLMI) stock?

The trailing twelve months (TTM) revenue of Plum Acquisition I (PLMI) is $0.

What is the net income of Plum Acquisition I (PLMI)?

The trailing twelve months (TTM) net income of Plum Acquisition I (PLMI) is $3,225,787.

What is the operating cash flow of Plum Acquisition I (PLMI)?

The operating cash flow of Plum Acquisition I (PLMI) is -$178,871.

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

The current ratio of Plum Acquisition I (PLMI) is 0.03, indicating the company's ability to pay short-term obligations.

What is the operating income of Plum Acquisition I (PLMI)?

The operating income of Plum Acquisition I (PLMI) is -$789,241.

What is Plum Acquisition Corp. I?

Plum Acquisition Corp. I is a Special Purpose Acquisition Company (SPAC) focused on partnering with operating businesses to enhance their public market success.

What does Plum Acquisition Corp. I specialize in?

Plum specializes in maximizing public market success for partner companies through their 'Accelerating Through the Bell' playbook, which includes support in areas like DEI, CEO introductions, and international growth.

How experienced is the Plum Acquisition Corp. I team?

The team at Plum comprises 48 global members with a collective track record of creating over $420 billion in enterprise value and increasing revenues by $130 billion.

What financial backing does Plum Acquisition Corp. I have?

Plum boasts highly favorable warrant coverage at a ratio of 1/5 and is supported by elite long-term, fundamental investors.

What is the 'Accelerating Through the Bell' playbook?

It is a strategic support system offered by Plum, aiding companies in ten areas such as DEI, CEO introductions, and international growth to ensure their public market success.

What type of company is Plum Acquisition Corp. I?

Plum Acquisition Corp. I is a blank check company formed to effect mergers, stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses.

How does Plum Acquisition Corp. I create value for its partner companies?

Plum leverages the extensive experience and strategic expertise of its team to provide comprehensive support and guidance, ensuring that partner companies can achieve significant growth and success in the public markets.

Who backs Plum Acquisition Corp. I?

Plum is backed by elite long-term, fundamental investors, providing a strong financial foundation for their partner companies.

What is the significance of Plum's favorable warrant coverage?

Plum's favorable warrant coverage at a ratio of 1/5 indicates a strong financial structure and benefits for their partner companies in the public markets.

What industries does Plum Acquisition Corp. I target?

While Plum does not limit itself to specific industries, it aims to partner with high-potential businesses that can benefit from its operator-driven platform and strategic support.