Plum Acquisition Corp. IV said late Tuesday it has priced an initial public offering of 15 million units at $10 per unit.
The units are expected to be listed for trading on Nasdaq under the ticker symbol "PLMKU" beginning Wednesday, the blank-check company said.
Each unit consists of one ordinary share and one-half of a redeemable warrant, with each whole warrant entitling the holder to purchase an ordinary share for $11.50, the company said.
Once the securities begin separate trading, the ordinary shares and warrants are due to be listed under the symbols "PLMK" and "PLMKW," respectively.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.