{"url_path":"/sec/plmk/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2030482/0001213900-26-057797-index.html","accession_number":"0001213900-26-057797","cik":"0002030482","ticker":"PLMK","issuer_name":"Plum Acquisition Corp, IV","edgar_url":"https://www.sec.gov/Archives/edgar/data/2030482/0001213900-26-057797-index.html","primary_entity_key":"0002030482","primary_entity_name":"Plum Acquisition Corp, IV"},"word_count":328,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds.\n\n  \n\nOn January 16, 2025, we consummated the initial\npublic offering of 17,250,000 units. The units were sold at an offering price of $10.00 per unit, generating gross proceeds of $172,500,000.\nCohen & Company Capital Markets acted as lead book-running manager, Seaport Global Securities acted as joint book runner and\nBenjamin Securities, Inc. acted as co-manager, of the initial public offering. The securities in the offering were registered under the\nSecurities Act on a registration statement on Form S-1 (File No. 333-281144). The SEC declared the registration statement effective on\nJanuary 14, 2025.\n\n \n\nSimultaneously with the closing of the initial\npublic offering, we consummated the sale of an aggregate of 672,875 private placement units at a price of $10.00 per private placement\nunit, generating gross proceeds of $6,728,750. Each private placement unit has an offering price of $10.00 and consists of one Class A\nordinary share and one-half of one redeemable public warrant. Each whole public warrant entitles the holder to purchase one Class A\nordinary share at a price of $11.50 per share. The issuance was made pursuant to the exemption from registration contained in Section\n4(a)(2) of the Securities Act.\n\n \n\n26\n\n \n\n \n\nThe private placement warrants are identical\nto the warrants underlying the units sold in the initial public offering, except that the private placement warrants are not transferable,\nassignable or salable until after the completion of a business combination, subject to certain limited exceptions.\n\n \n\nOn January 16, 2025, the underwriters exercised\ntheir over-allotment option in full as part of the closing of the initial public offering. As such, the 750,000 founder shares are no\nlonger subject to forfeiture.\n\n \n\nWe paid a total of $10,932,289, consisting of\n$3,450,000 of cash underwriting fee, $6,900,000 of deferred underwriting fee, and $582,289 of other offering costs.\n\n \n\nFor a description of the use of the proceeds\ngenerated in our initial public offering, see Part I, Item 2 of this Quarterly Report."}