Plum Acquisition Corp I
PLMI

$10.34

6.86%

Market Cap: $116M

About: Plum Acquisition Corp I is a blank check company.

Employees: 4

Information Technology Computer Integrated Systems Design

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

16.97% less ownership

Funds ownership: 28.78% [Q1] → 11.81% (-16.97%) [Q2]

53% less funds holding

Funds holding: 17 [Q1] → 8 (-9) [Q2]

65% less capital invested

Capital invested by funds: $32.1M [Q1] → $11.3M (-$20.8M) [Q2]

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 9

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Research analyst outlook

We haven’t received any recent analyst ratings for PLMI.

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Financial journalist opinion

Veea to Become Publicly Traded Company via proposed Business Combination with Plum Acquisition Corp. I

NEW YORK, NY and SAN FRANCISCO, CA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Veea Inc. (“Veea” or the “Company”), a digital transformation company, and Plum Acquisition Corp. I (“Plum”, and together, the “Parties”) (Nasdaq: PLMI), a Cayman Islands exempted company formed as a special purpose acquisition company by Ursula Burns, Kanishka Roy and Mike Dinsdale, today announced their entry into a definitive business combination agreement (the “Business Combination Agreement”) related to a proposed merger (such merger and related transactions, including the issuance by Plum of securities in connection therewith, collectively, the “Business Combination”) expected to result in Veea becoming a publicly traded company (referred to herein as the “Combined Company” ) whose business, after the closing (the “Closing”), assuming the occurrence thereof, will be the continued business of Veea. Following are certain highlights regarding the proposed Business Combination and the Parties' expectations regarding the business of the Combined Company after the Closing:

Veea to Become Publicly Traded Company via proposed Business Combination with Plum Acquisition Corp. I

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