Question 1

What is Plum Acquisition Corp. III (PLMJF)?

Accepted Answer

Plum Acquisition Corp. III is a special purpose acquisition company incorporated in British Columbia, Canada and registered with the SEC under CIK 0001845550. It completed its initial public offering in Jul 2021, raising $278M in gross proceeds and listing on OTC. Class A shares trade under the ticker PLMJF on OTC. The vehicle is sponsored by Alpha Partners Technology Merger through Alpha Partners Technology Merger Sponsor LLC. The mandate targets technology, financial services, consumer. Definitive business-combination agreement signed, closing pending.

Question 2

How much does Plum Acquisition Corp. III hold in trust?

Accepted Answer

Approximately $497,828, or about $10.00 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

Question 3

When must Plum Acquisition Corp. III complete a merger?

Accepted Answer

By Jul 30, 2026, after 5 shareholder-approved extensions. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.

Question 4

What happens if Plum Acquisition Corp. III does not find a target in time?

Accepted Answer

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Question 5

Can I redeem shares in Plum Acquisition Corp. III, and at what price?

Accepted Answer

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $10.00 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

Question 6

What tickers does Plum Acquisition Corp. III trade under?

Accepted Answer

Class A shares trade as PLMJF on OTC. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Question 7

Is the trust value the same as the share price for Plum Acquisition Corp. III?

Accepted Answer

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

Question 8

How much dilution do Plum Acquisition Corp. III's founder shares and warrants create?

Accepted Answer

Each unit also carried one-third of one warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Question 9

Who sponsors Plum Acquisition Corp. III, and what is their track record?

Accepted Answer

Alpha Partners Technology Merger Sponsor LLC is the sponsor entity, part of the Alpha Partners Technology Merger franchise. This is the only vehicle we have attributed to that sponsor.

Question 10

Which banks underwrote the Plum Acquisition Corp. III IPO?

Accepted Answer

Citigroup, Morgan Stanley, William Blair. Citigroup and Morgan Stanley were credited as book-running managers on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Question 11

Is Plum Acquisition Corp. III tradeable, and where?

Accepted Answer

Our market-data provider returns no quote for PLMJF. That is normal for a vehicle that has not begun trading, has been delisted after a wind-up, or is too thinly traded to carry a two-sided market. The absence of a quote is shown as "not quoted" rather than as a zero.

Question 12

Is Plum Acquisition Corp. III a good investment?

Accepted Answer

That is not a question this site answers. Plum Acquisition Corp. III is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Question 13

Where does this Plum Acquisition Corp. III data come from?

Accepted Answer

Filings Plum Acquisition Corp. III submitted to the SEC under CIK 0001845550: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

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Plum Acquisition Corp. III: questions answered