Plum Acquisition Corp, IV 8-K

What Happened

• Plum Acquisition Corp. IV (PLMK) filed an 8-K on July 9, 2026 announcing a shareholder meeting on July 10, 2026 (9:00 a.m. ET) to vote on amending its charter to extend the SPAC Termination Date. The proposal would move the Termination Date from July 16, 2026 to January 16, 2027 and permit the board (if requested by sponsor Plum Partners IV, LLC) to extend the date monthly for up to six additional months after the Articles Extension Date—potentially extending the deadline through July 16, 2027 (a total possible extension of up to 12 months).
• In connection with that Extension Amendment Proposal, public shareholders may elect to redeem their public shares for cash. Based on the Trust Account balance as of July 9, 2026, the preliminary estimated redemption price is approximately $10.6973 per public share.

Key Details

• Shareholder Meeting: July 10, 2026 at 9:00 a.m. ET (Greenberg Traurig, West Palm Beach, FL).
• Trust Account balance (7/9/2026): approximately $184,528,681.34; estimated redemption price: ~$10.6973 per public share.
• Nasdaq closing price (7/9/2026): $10.77 per share; shareholders may redeem or withdraw previously submitted redemptions prior to 9:00 a.m. ET on July 10, 2026.
• Extension mechanics: initial extension to Jan 16, 2027; board can approve up to six additional one‑month extensions (upon sponsor request and five days’ advance notice) to a maximum of July 16, 2027.

Why It Matters

• The vote determines whether the SPAC gets up to a year more to complete a business combination. Shareholders must decide between redeeming for the estimated cash per-share redemption (~$10.6973) or keeping shares to participate in any future combination. The estimated redemption price is slightly below the recent market close, and the filing warns there may be limited liquidity to sell shares in the open market. Shareholders should review the Extension Proxy Statement (filed June 16, 2026) and related SEC filings before voting.