Form 8-K
8-K — Plum Acquisition Corp. IV
Accession: 0001213900-26-105485
Filed: 2026-10-01
Period: 2026-10-01
CIK: 0002030482
SIC: 4911 (ELECTRIC SERVICES)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — ea0307325-8k425_plum4.htm (Primary)
EX-99.1 — PRESS RELEASE, DATED OCTOBER 1, 2026 (ea030732501ex99-1.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — CURRENT REPORT
8-K (Primary)
Filename: ea0307325-8k425_plum4.htm · Sequence: 1
false
0002030482
0002030482
2026-10-01
2026-10-01
0002030482
PLMK:UnitsEachConsistingOfOneClassOrdinaryShareParValue0.0001PerShareAndOnehalfOfOneRedeemableWarrantMember
2026-10-01
2026-10-01
0002030482
PLMK:ClassOrdinarySharesParValue0.0001PerShareIncludedAsPartOfUnitsMember
2026-10-01
2026-10-01
0002030482
PLMK:WarrantsIncludedAsPartOfUnitsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50Member
2026-10-01
2026-10-01
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 1, 2026
PLUM ACQUISITION CORP. IV
(Exact
name of registrant as specified in its charter)
Cayman Islands
001-42472
98-1795710
(State
or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S.
Employer
Identification Number)
2021 Fillmore St. #2089
San Francisco, California
94115
(Address
of principal executive offices)
(Zip
Code)
Registrant’s
telephone number, including area code: (929)
529-7125
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under
any of the following provisions:
☒
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Units,
each consisting of one Class A ordinary share, par value $0.0001 per share, and one-half of one redeemable warrant
PLMKU
Nasdaq
Global Market
Class
A ordinary shares, par value $0.0001 per share, included as part of the units
PLMK
Nasdaq
Global Market
Warrants
included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
PLMKW
Nasdaq
Global Market
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2
of the Securities Exchange Act of 1934.
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01. Regulation FD Disclosure.
On
October 1, 2026, Plum Acquisition Corp. IV (“Plum IV”) and Controlled Thermal Resources Holdings Inc. (“CTR”)
issued a joint press release announcing that, in connection with the parties’ previously announced business combination, CTR had
entered into a series of agreements with certain strategic investors that are expected to materially strengthen CTR’s capital structure.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (“Current Report”).
The
information in this Item 7.01, including Exhibit 99.1, is furnished and shall not be deemed “filed” for purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liabilities under that section,
and shall not be deemed to be incorporated by reference into the filings of Plum IV under the Securities Act of 1933, as amended, or
the Exchange Act, regardless of any general incorporation language in such filings.
Additional
Information and Where to Find It
In
connection with the transactions contemplated by the business combination agreement (“Proposed Transactions”), Plum IV and
CTR intend to file with the U.S. Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 (as may
be amended, the “Registration Statement”), which will include a preliminary proxy statement of Plum IV as well as a preliminary
prospectus relating to the offer of securities to be issued to the stockholders of CTR (the “Proxy Statement/Prospectus”).
After the Registration Statement is declared effective, a definitive proxy statement and other relevant documents will be mailed to shareholders
of Plum IV as of the record date to be established for voting on the Proposed Transactions and other matters as described in the Proxy
Statement/Prospectus. Plum IV will also file other documents regarding the Proposed Transactions with the SEC. This Current Report does
not contain all of the information that should be considered concerning the Proposed Transactions and is not intended to form the basis
of any investment decision or any other decision in respect of the Proposed Transactions. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION,
SHAREHOLDERS OF PLUM IV AND OTHER INTERESTED PARTIES ARE URGED TO READ, WHEN AVAILABLE, THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, AND
AMENDMENTS THERETO, AND THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE
SEC IN CONNECTION WITH PLUM IV’S SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING OF ITS SHAREHOLDERS TO BE HELD TO
APPROVE THE PROPOSED TRANSACTIONS AND OTHER MATTERS AS DESCRIBED IN THE PROXY STATEMENT/PROSPECTUS BECAUSE THESE DOCUMENTS WILL CONTAIN
IMPORTANT INFORMATION ABOUT PLUM IV, CTR AND THE PROPOSED TRANSACTIONS. Investors and security holders will also be able to obtain copies
of the Registration Statement and the Proxy Statement/Prospectus and all other documents filed or to be filed with the SEC by Plum IV,
without charge, once available, on the SEC’s website at www.sec.gov or by directing a request to: Plum Acquisition Corp. IV, 2021
Fillmore St., #2089, San Francisco, California 94115, Attention: Kanishka Roy, or by email at plumir@icrinc.com.
Participants
in the Solicitation
Plum
IV, CTR and their respective directors and executive officers may be deemed participants under SEC rules in the solicitation of proxies
from Plum IV’s shareholders in connection with the Proposed Transactions. A list of the names of such directors and executive officers,
and information regarding their interests in the Proposed Transactions and their ownership of Plum IV’s securities is, or will
be, contained in Plum IV’s filings with the SEC. Additional information regarding the interests of the persons who may, under SEC
rules, be deemed participants in the solicitation of proxies from Plum IV’s shareholders in connection with the Proposed Transactions,
including the names and interests of CTR’s directors and executive officers, will be set forth in the Proxy Statement/Prospectus,
which is expected to be filed by Plum IV and CTR with the SEC. Investors and security holders may obtain free copies of these documents
as described above.
1
No
Offer or Solicitation
This
Current Report is for informational purposes only and is not a proxy statement or solicitation of a proxy, consent or authorization with
respect to any securities or in respect of the Proposed Transactions and shall not constitute an offer to sell or exchange, or a solicitation
of an offer to buy or exchange the securities of Plum IV or CTR, or any commodity or instrument or related derivative, nor shall there
be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, sale or exchange would be unlawful
prior to registration or qualification under the securities laws of any such state or jurisdiction. This Current Report is not, and under
no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the securities described herein in the
United States or any other jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements
of the Securities Act or an exemption therefrom. Investors should consult with their counsel as to the applicable requirements for a
purchaser to avail itself of any exemption under the Securities Act.
Forward-Looking
Statements
This
Current Report contains certain forward-looking statements within the meaning of the U.S. federal securities laws with respect to the
Proposed Transactions and the parties thereto. All statements contained in this Current Report other than statements of historical fact,
including, without limitation, statements regarding the Proposed Transactions between Plum IV and CTR and the planned PIPE in connection
with the Proposed Transactions; the anticipated benefits and timing of the Proposed Transactions; expected trading of the combined company’s
securities on the Nasdaq; the building of CTR’s flagship Hell’s Kitchen Project; the anticipated benefits and timing of CTR’s
flagship Hell’s Kitchen Project, the combined company’s future financial performance; the ability of the combined company
to execute its business strategy, its market opportunity and positioning; and other statements regarding management’s intentions,
beliefs, or expectations with respect to the combined company’s future performance, are forward-looking statements.
Forward-looking
statements are often identified by the use of words such as “anticipate,” “believe,” “continue,”
“could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “should,” “will,” “would,”
and similar expressions, but the absence of these words does not mean that a statement is not forward-looking.
These
forward-looking statements are based on the current expectations and assumptions of Plum IV and CTR and are subject to risks and uncertainties
that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Such risks and
uncertainties include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to
the termination of the business combination agreement; (2) the outcome of any legal proceedings that may be instituted against the parties
following the announcement of the Proposed Transactions and any definitive agreements with respect thereto; (3) the inability to complete
the Proposed Transactions, including due to failure to obtain approval of the shareholders of Plum IV and CTR or other conditions to
closing and the inability to complete the planned PIPE; (4) the risk that the Proposed Transactions may not be completed by Plum IV’s
business combination deadline; (5) the inability to maintain the listing of Plum IV’s securities or to obtain or maintain the listing
of the combined company’s securities on the Nasdaq, the New York Stock Exchange, or another national securities exchange following
the Proposed Transactions; (6) the risk that the Proposed Transactions disrupts CTR’s current plans, business relationships, performance,
operations and business generally as a result of the announcement and consummation of the Proposed Transactions; (7) the risk that the
price of the combined company’s securities may be volatile due to a variety of factors, including changes in laws, regulations,
technologies, natural disasters, geopolitical tensions, and macro-economic and social environments affecting its business; (8) the ability
to recognize the anticipated benefits of the Proposed Transactions, which may be affected by, among other things, competition, the ability
of the combined company to grow and manage growth profitably and retain its key employees; (9) costs related to the Proposed Transactions;
(10) changes in applicable laws or regulations; (11) risks related to CTR’s business, including fluctuations in demand and prices
for lithium and other critical minerals, competition within the industry, the risks inherent in development projects and exploration
activities, potential delays or cost overruns in capital expenditures, the ability to secure necessary raw materials, compliance with
regulatory requirements, environmental and safety obligations, economic and market conditions, and political or geopolitical developments;
and (12) other risks detailed from time to time in Plum IV’s filings with the SEC, including the Registration Statement and related
documents filed or to be filed in connection with the Proposed Transactions.
The
foregoing list of risk factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties
described in the “Risk Factors” section of Plum IV’s Annual Report on Form 10-K filed with the SEC on March 31, 2026,
subsequent Quarterly Reports on Form 10-Q and the Registration Statement and Proxy Statement/Prospectus that will be filed by Plum IV
and CTR, and other documents filed by Plum IV from time to time with the SEC, as well as the list of risk factors included herein. These
filings identify and address other important risks and uncertainties that could cause actual results to differ materially from those
contained in the forward-looking statements. Additional risks and uncertainties not currently known or that are currently deemed immaterial
may also cause actual results to differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned
not to put undue reliance on forward-looking statements, and none of the parties or any of their representatives assumes any obligation
and do not intend to update or revise these forward-looking statements, each of which is made only as of the date of this Current Report.
2
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
No.
Description
99.1
Press Release, dated October 1, 2026.
104
Cover Page Interactive
Data File (embedded within the Inline XBRL document)
3
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: October 1, 2026
PLUM ACQUISITION CORP. IV
By:
/s/ Kanishka
Roy
Name:
Kanishka Roy
Title:
Chief Executive Officer
4
EX-99.1 — PRESS RELEASE, DATED OCTOBER 1, 2026
EX-99.1
Filename: ea030732501ex99-1.htm · Sequence: 2
Exhibit 99.1
Controlled Thermal Resources and Plum Acquisition
Corp. IV Announce Strengthened Capital Structure to Advance Hell’s Kitchen Geothermal Power and Critical Minerals Project
● Approximately $205 Million of Existing Convertible Debt Expected to Convert to Equity at Close of the
Proposed Business Combination, with an Additional Approximately $40 Million Expected to Convert into a New Planned PIPE
● Simplified Capital Structure Expected to Support Financing of CTR’s Power-First Development Strategy
Ahead of Proposed Nasdaq Listing
● CTR plans to develop approximately 650 MW of renewable baseload geothermal generation for potential of
co-location of AI data centers
IMPERIAL, Calif. and SAN FRANCISCO, Oct. 01,
2026 (GLOBE NEWSWIRE) -- Controlled Thermal Resources Holdings Inc. (“CTR” or the “Company”), developer of one
of America’s largest and most advanced geothermal power and critical minerals projects, and Plum Acquisition Corp. IV (Nasdaq: PLMK)
(“Plum IV”), a publicly traded special purpose acquisition company, today announced a series of agreements between CTR and certain
strategic investors that are expected to materially strengthen CTR’s capital structure in connection with their previously announced
proposed business combination.
The agreements follow CTR and Plum IV’s
previously announced proposed business combination. Upon closing of the proposed business combination and related transactions (“Proposed
Transactions”), the combined company is expected to operate as Controlled Thermal Resources and is expected to be listed on the
Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “CTRH”. The Proposed Transactions are expected to close
in the fourth quarter of 2026, subject to shareholder approval, regulatory approvals, and other customary closing conditions.
A Simplified Capital Structure Ahead of Proposed
Listing
CTR expects to retire the majority of its outstanding
convertible debt obligations through a combination of conversion to equity and participation in the PIPE financing upon the closing of
the Proposed Transactions. The Company’s outstanding convertible notes, expected to total approximately $245 million at closing, are currently
held by strategic investors. Based on the recently signed agreements, at closing approximately $205 million is expected to convert to
equity and approximately $40 million is expected to convert into the new planned PIPE structure.
Upon completion of the Proposed Transactions,
CTR expects to emerge with a simplified capital structure, enhanced balance sheet strength and improved credit profile. The Company believes
the restructuring will provide greater flexibility to raise additional equity, attract new strategic capital and advance project financing
for Stage 1 of the Hell’s Kitchen development.
Executive Commentary
“This is an important step in our plan to
deliver on the resource of the Salton Sea, including power production and critical minerals in one place,” said Rod Colwell, Chief
Executive Officer of CTR. “Converting this debt to equity ahead of listing strengthens our capital structure and provides greater
flexibility to complete project financing for Stage 1, building on the significant capital already invested, full-scale production wells
in place, advanced permitting and key long-lead equipment already staged for construction.”
“CTR has reached an important point in
its development, with a proven resource, advanced permitting, equipment already staged and a defined capital plan for Stage
1,” said Kanishka Roy, Chief Executive Officer of Plum IV. “ The steps announced today simplify CTR’s balance
sheet ahead of the proposed listing, providing enhanced financial flexibility as the Company advances one of the country’s
most significant geothermal power and critical minerals developments.”
Advancing a Power-First Development Strategy
CTR is developing an integrated power and critical
minerals business from a single resource, sequenced to build first Stage 1 Power. Stage 1 Power is a planned 50 MW geothermal facility
designed to generate and sell clean, 24/7 baseload power with potential of co-location of AI data centers, and to establish the wells,
brine flow and shared infrastructure on which Stage 1 Lithium will operate. CTR expects Stage 1 Power to achieve commercial operation
in 2028, followed by Stage 1 Lithium, with planned annual battery grade capacity of 25,000 metric tons, targeted for commercial operation
in 2030.
CTR has made substantial progress preparing Hell’s
Kitchen, with approximately $310 million invested in development to date, advanced permitting in place, and key long-lead equipment built
and staged for construction. The project is located on a proven Salton Sea geothermal resource that has supported power generation for
more than 40 years, with Hell’s Kitchen representing the northern extension of that resource area.
In total, CTR plans to develop approximately 650
MW of renewable baseload geothermal generation. The approximately 4,000-acre site is also positioned to support power sales to the grid
and potential co-location of AI data centers and advanced manufacturing customers. The same resource supports recovery of battery-grade
lithium and other critical minerals, which CTR expects to provide additional long-term value creation opportunities.
An updated investor presentation is available
in the Investors section of the Controlled Thermal Resources website.
About CTR
CTR is advancing geothermal baseload energy, battery-grade
lithium chemicals, and critical minerals production at its Hell’s Kitchen project in southern California. CTR’s leadership
team has successfully developed and managed geothermal power plant operations in California’s Salton Sea region for 30+ years. CTR’s
mission is to strengthen U.S. energy security and supply chain resilience by providing strategic resources essential to technology, manufacturing,
and defense. For more information, visit www.cthermal.com.
About Plum Acquisition Corp. IV
Plum Acquisition Corp. IV (Nasdaq: PLMK) is a
publicly traded special purpose acquisition company led by an experienced team with a track record of sourcing and executing complex public-market
transactions. Plum IV aims to identify companies positioned to deliver long-term value through technological advancements, disruptive
business models, and secular long-term trends. For more information, visit https://plumpartners.com.
Additional Information and Where to Find It
In connection with the transactions
contemplated by the Business Combination Agreement (“Proposed Transactions”), Plum IV and CTR intend to file with the
SEC a registration statement on Form S-4 (as may be amended, the “Registration Statement”), which will include a
preliminary proxy statement of Plum IV as well as a preliminary prospectus relating to the offer of securities to be issued to the
stockholders of CTR (the “Proxy Statement/Prospectus”). After the Registration Statement is declared effective, a
definitive proxy statement and other relevant documents will be mailed to shareholders of Plum IV as of the record date to be
established for voting on the Proposed Transactions and other matters as described in the Proxy Statement/Prospectus. Plum IV will
also file other documents regarding the Proposed Transactions with the SEC. This press release does not contain all of the
information that should be considered concerning the Proposed Transactions and is not intended to form the basis of any investment
decision or any other decision in respect of the Proposed Transactions. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION,
SHAREHOLDERS OF PLUM IV AND OTHER INTERESTED PARTIES ARE URGED TO READ, WHEN AVAILABLE, THE PRELIMINARY PROXY STATEMENT/PROSPECTUS,
AND AMENDMENTS THERETO, AND THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED
WITH THE SEC IN CONNECTION WITH PLUM IV’S SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING OF ITS SHAREHOLDERS TO
BE HELD TO APPROVE THE PROPOSED TRANSACTIONS AND OTHER MATTERS AS DESCRIBED IN THE PROXY STATEMENT/PROSPECTUS BECAUSE THESE
DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT PLUM IV, CTR AND THE PROPOSED TRANSACTIONS. Investors and security holders will
also be able to obtain copies of the Registration Statement and the Proxy Statement/Prospectus and all other documents filed or to
be filed with the SEC by Plum IV, without charge, once available, on the SEC’s website at www.sec.gov or by directing a
request to: Plum Acquisition Corp. IV, 2021 Fillmore St., #2089, San Francisco, California 94115, Attention: Kanishka Roy, or by
email at plumir@icrinc.com.
Participants in the Solicitation
Plum IV, CTR and their respective directors and
executive officers may be deemed participants under SEC rules in the solicitation of proxies from Plum IV’s shareholders in connection
with the Proposed Transactions. A list of the names of such directors and executive officers, and information regarding their interests
in the Proposed Transactions and their ownership of Plum IV’s securities is, or will be, contained in Plum IV’s filings with
the SEC. Additional information regarding the interests of the persons who may, under SEC rules, be deemed participants in the solicitation
of proxies from Plum IV’s shareholders in connection with the Proposed Transactions, including the names and interests of CTR’s
directors and executive officers, will be set forth in the Proxy Statement/Prospectus, which is expected to be filed by Plum IV and CTR
with the SEC. Investors and security holders may obtain free copies of these documents as described above.
No Offer or Solicitation
This press release is for informational purposes
only and is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of
the Proposed Transactions and shall not constitute an offer to sell or exchange, or a solicitation of an offer to buy or exchange the
securities of Plum IV or CTR, or any commodity or instrument or related derivative, nor shall there be any sale of any such securities
in any state or jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction. This press release is not, and under no circumstances is to be construed
as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction.
No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom.
Investors should consult with their counsel as to the applicable requirements for a purchaser to avail itself of any exemption under the
Securities Act.
2
Forward-Looking Statements
This press release contains certain forward-looking
statements within the meaning of the U.S. federal securities laws with respect to the Proposed Transactions and the parties thereto. All
statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding
the Proposed Transactions between Plum IV and CTR and the planned PIPE in connection with the Proposed Transactions; the anticipated benefits
and timing of the Proposed Transactions; expected trading of the combined company’s securities on the Nasdaq; the building of CTR’s
flagship Hell’s Kitchen Project; the anticipated benefits and timing of CTR’s flagship Hell’s Kitchen Project, the combined
company’s future financial performance; the ability of the combined company to execute its business strategy, its market opportunity
and positioning; and other statements regarding management’s intentions, beliefs, or expectations with respect to the combined company’s
future performance, are forward-looking statements.
Forward-looking statements are often identified
by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,”
“project,” “should,” “will,” “would,” and similar expressions, but the absence of these
words does not mean that a statement is not forward-looking.
These forward-looking statements are based on
the current expectations and assumptions of Plum IV and CTR and are subject to risks and uncertainties that could cause actual results
to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are
not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business
Combination Agreement; (2) the outcome of any legal proceedings that may be instituted against the parties following the announcement
of the Proposed Transactions and any definitive agreements with respect thereto; (3) the inability to complete the Proposed Transactions,
including due to failure to obtain approval of the shareholders of Plum IV and CTR or other conditions to closing and the inability to
complete the planned PIPE; (4) the risk that the Proposed Transactions may not be completed by Plum IV’s business combination deadline;
(5) the inability to maintain the listing of Plum IV’s securities or to obtain or maintain the listing of the combined company’s
securities on the Nasdaq, the New York Stock Exchange, or another national securities exchange following the Proposed Transactions; (6)
the risk that the Proposed Transactions disrupts CTR’s current plans, business relationships, performance, operations and business
generally as a result of the announcement and consummation of the Proposed Transactions; (7) the risk that the price of the combined company’s
securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters, geopolitical
tensions, and macro-economic and social environments affecting its business; (8) the ability to recognize the anticipated benefits of
the Proposed Transactions, which may be affected by, among other things, competition, the ability of the combined company to grow and
manage growth profitably and retain its key employees; (9) costs related to the Proposed Transactions; (10) changes in applicable laws
or regulations; (11) risks related to CTR’s business, including fluctuations in demand and prices for lithium and other critical
minerals, competition within the industry, the risks inherent in development projects and exploration activities, potential delays or
cost overruns in capital expenditures, the ability to secure necessary raw materials, compliance with regulatory requirements, environmental
and safety obligations, economic and market conditions, and political or geopolitical developments; and (12) other risks detailed from
time to time in Plum IV’s filings with the SEC, including the Registration Statement and related documents filed or to be filed
in connection with the Proposed Transactions.
The foregoing list of risk factors is not exhaustive.
You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors”
section of Plum IV’s Annual Report on Form 10-K filed with the SEC on March 31, 2026, subsequent Quarterly Reports on Form 10-Q
and the Registration Statement and Proxy Statement/Prospectus that will be filed by Plum IV and CTR, and other documents filed by Plum
IV from time to time with the SEC, as well as the list of risk factors included herein. These filings identify and address other important
risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Additional
risks and uncertainties not currently known or that are currently deemed immaterial may also cause actual results to differ materially
from those expressed or implied by such forward-looking statements. Readers are cautioned not to put undue reliance on forward-looking
statements, and none of the parties or any of their representatives assumes any obligation and do not intend to update or revise these
forward-looking statements, each of which is made only as of the date of this press release.
Contacts
ICR for Investors and Media: ICRCTR@icrinc.com
3
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 8
v3.26.3
Cover
Oct. 01, 2026
Document Type
8-K
Amendment Flag
false
Document Period End Date
Oct. 01, 2026
Entity File Number
001-42472
Entity Registrant Name
PLUM ACQUISITION CORP. IV
Entity Central Index Key
0002030482
Entity Tax Identification Number
98-1795710
Entity Incorporation, State or Country Code
E9
Entity Address, Address Line One
2021 Fillmore St. #2089
Entity Address, City or Town
San Francisco
Entity Address, State or Province
CA
Entity Address, Postal Zip Code
94115
City Area Code
(929)
Local Phone Number
529-7125
Written Communications
true
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
true
Elected Not To Use the Extended Transition Period
false
Units, each consisting of one Class A ordinary share, par value $0.0001 per share, and one-half of one redeemable warrant
Title of 12(b) Security
Units,
each consisting of one Class A ordinary share, par value $0.0001 per share, and one-half of one redeemable warrant
Trading Symbol
PLMKU
Security Exchange Name
NASDAQ
Class A ordinary shares, par value $0.0001 per share, included as part of the units
Title of 12(b) Security
Class
A ordinary shares, par value $0.0001 per share, included as part of the units
Trading Symbol
PLMK
Security Exchange Name
NASDAQ
Warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
Title of 12(b) Security
Warrants
included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
Trading Symbol
PLMKW
Security Exchange Name
NASDAQ
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 7A
-Section B
-Subsection 2
+ Details
Name:
dei_EntityExTransitionPeriod
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=PLMK_UnitsEachConsistingOfOneClassOrdinaryShareParValue0.0001PerShareAndOnehalfOfOneRedeemableWarrantMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=PLMK_ClassOrdinarySharesParValue0.0001PerShareIncludedAsPartOfUnitsMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=PLMK_WarrantsIncludedAsPartOfUnitsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50Member
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type: