Plum Acquisition Corp. IV functions as a Special Purpose Acquisition Company (SPAC). Its foundational purpose is to achieve an acquisition or corporate ...
Plum Acquisition Corp. IV (NASDAQ: PLMK) is a blank check company, incorporated as a Cayman Islands exempted company on June 10, 2024. It is part of the Plum Partners platform, co-founded by Ursula Burns, Kanishka Roy, and Mike Dinsdale, who previously launched Plum Acquisition Corp. I in March 2021. The ...Plum Acquisition Corp. IV (NASDAQ: PLMK) is a blank check company, incorporated as a Cayman Islands exempted company on June 10, 2024. It is part of the Plum Partners platform, co-founded by Ursula Burns, Kanishka Roy, and Mike Dinsdale, who previously launched Plum Acquisition Corp. I in March 2021. The company's primary purpose is to identify and complete a business combination with one or more target companies, with a focus on technology, media, and telecommunications sectors, as well as sustainability and energy transition. As of the latest data, the company has no significant operations and zero full-time employees, as it is in the pre-business combination stage. Its CEO and Chairman is Kanishka Roy, who is also a co-founder and Managing Partner of Plum Partners. The company completed its initial public offering on January 14, 2025, selling 15,000,000 units at $10.00 per unit, raising $150 million. In 2025, it announced a definitive agreement to acquire Controlled Thermal Resources (CTR), a renewable energy company focused on lithium extraction and geothermal power, in a business combination valued at approximately $4.7 billion. The transaction is expected to provide CTR with capital to accelerate development of its Hell's Kitchen lithium and power project in California. Financially, PLMK has a market capitalization of approximately $256 million, with a book value per share of $9.49. The company's financial metrics show minimal operating activity, with no revenue, but positive net income per share of $0.328 due to interest income on trust funds. The company is headquartered at #2089 in San Francisco, CA, and can be contacted at +1 415 844 9400. As a SPAC, the company's future value creation depends on the successful completion of the CTR acquisition and subsequent operational performance. Key personnel include Kanishka Roy as Chairman and CEO, with advisors such as Ursula Burns, former CEO of Xerox, and Hume Kyle, who has been appointed to the board. The company aims to establish itself as a leading SPAC platform, focusing on high-growth, sustainability-oriented businesses.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$0
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Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$6.1M
+6579596.6%
-51.9%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
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Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
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Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
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Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-869506
-5221.3%
-38.1%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
0.1%
+100.1%
-6849.3%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
0.85x
+11069.5%
-50.0%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.