Plum Acquisition Corp. IV Class A Ordinary Shares (PLMK)

Anjai Gandhi, a director at Plum Acquisition Corp, IV (PLMK), reported the conversion of 25,000 Class B ordinary shares into 25,000 Class A ordinary shares on July 9, 2026. These shares are held indirectly through the Anjai M. Gandhi 2014 Revocable Trust. Following this conversion, the trust now holds 25,000 Class A ordinary shares and zero Class B shares.

Plum Acquisition Corp, IV director Avanish Sahai reported the conversion of 25,000 Class B ordinary shares into 25,000 Class A ordinary shares on July 9, 2026. These shares were held indirectly through the Karnavy Sahai Trust. This conversion was at the holder's election, and Class B shares have no expiration date, converting at a ratio of no less than one-to-one following the initial business combination or earlier at the holder's option.

Plum Acquisition IV director Allan Chou converted 25,000 Class B ordinary shares into an equal number of Class A ordinary shares on July 9, 2026, at a stated price of $0.0000 per share. This conversion is a standard process, where Class B shares automatically convert to Class A shares after an initial business combination or at the holder's option. Following this transaction, Chou directly holds 25,000 Class A shares and 0 Class B shares from this specific block.

Plum Acquisition Corp. IV (PLMK) has furnished an updated investor presentation, dated August 19, 2026, concerning its proposed business combination with Controlled Thermal Resources Holdings Inc. This new presentation replaces an earlier version from March 9, 2026. The company intends to file a Registration Statement on Form S-4 to facilitate a shareholder vote on the merger, cautioning investors about forward-looking statements and associated risks.

Short interest in Plum Acquisition Corp. IV (NASDAQ:PLMK) significantly decreased by 35.8% to 5,414 shares by July 31st. The company's stock traded flat at $10.57, within its 12-month range, and reported quarterly earnings of $0.02 per share. Despite increased institutional ownership from some hedge funds, analyst sentiment remains negative, with an average "Sell" rating.