Plum Acquisition I Shares & Warrants May Now Trade Separately

Plum Acquisition

Plum Acquisition Corp. I shares and warrants may be traded separately starting today, the SPAC said.

Units not separated will continue to trade on the Nasdaq under PLMIU, and the Class A ordinary shares and warrants that are separated will trade under PLMI and PLMIW, respectively. 

Plum raised $300 million in a March IPO. The SPAC said it intends to pursue opportunities with internet and software companies that leverage platform models in enterprise software, SMB software and infrastructure, or disruptive marketplace models in verticals where the Plum team has extensive expertise, such as business automation, health and wellbeing, and finance- and insurance-related tech. Read more.

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