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- N/AMarket Cap
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PLUM ACQN-A (PLMK)
Key Performance
More- Earnings Score: N/A
- Momentum Score: N/A
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
California Lithium Developer To Go Public In $4.7 Billion SPAC Deal
Controlled Thermal Resources (CTR), a California-based lithium and geothermal power developer, is going public through a merger with Plum Acquisition Corp. IV (PLMK) in a $4.7 billion deal. The company will raise $300 million in fresh capital to develop its Hell's Kitchen project in California's Imperial Valley, which combines geothermal power generation with lithium extraction. CTR has secured supply agreements with automakers Stellantis and General Motors for EV battery lithium, with first power expected in 2028 and lithium production around 2029.
03/10/2026, 7:16 AM • Benzinga
Controlled Thermal Resources (CTR) and Plum Acquisition Corp. IV announced a definitive business combination agreement valuing CTR at approximately $4.7 billion enterprise value. The merger will take CTR public on Nasdaq under ticker 'CTRH' and enable the company to advance its Hell's Kitchen Project in California's Imperial Valley, which aims to produce 650 MW of geothermal power and 100,000 metric tons per year of lithium carbonate at full scale. The transaction is expected to close in the second half of 2026.
03/09/2026, 8:00 AM • GlobeNewswire
The Clear Communicator Awards Announces 2025 Winners
The Clear Communicator Awards recognized four HR tech companies for innovative marketing efforts, highlighting achievements in branding, campaigns, and events across different company sizes.
12/15/2025, 7:00 AM • GlobeNewswire
Peers
Statistics
MoreInformation as of 06/02/2026
Company Profile
Plum Acquisition Corp. IV does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in San Francisco, California.
Key Executives
- Steven Handwerker
- Kanishka Roy
Current Ownership Distribution
- Institutions80.4M (90.85%)
- Mutual Funds6.1M (6.86%)
- Insiders2.0M (2.28%)
- Other0 (0.00%)