The Company is sponsored by Plum Partners, LLC (the “Sponsor”) and led by Executive Chairwoman Ursula Burns, Chief Executive Officer Clay Whitehead, President Kanishka Roy, and Chief Financial and Chief Operating Officer Mike Dinsdale. While the Company may pursue an initial business combination target in any industry, it currently intends to pursue opportunities with internet and software companies that leverage platform models in enterprise software, SMB software and infrastructure, or disruptive marketplace models in verticals where the Plum team has extensive expertise, such as business automation, health and wellbeing, and finance- and insurance-related tech.
Company profile
Ticker
PLMI, PLMIW, PLMIU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
PLMI stock data
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
14 Nov 22
UPLOAD
Letter from SEC
13 Sep 22
CORRESP
Correspondence with SEC
12 Sep 22
UPLOAD
Letter from SEC
23 Aug 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
8-K
Entry into a Material Definitive Agreement
14 Jul 22
10-Q
2022 Q1
Quarterly report
16 May 22
8-K
Plum Acquisition Corp. I Announces Receipt of NASDAQ Continued Listing Standard Notice
25 Apr 22
10-K
2021 FY
Annual report
21 Apr 22
Latest ownership filings
SC 13G/A
MILLENNIUM MANAGEMENT LLC
27 Jan 23
SC 13G
MILLENNIUM MANAGEMENT LLC
6 Apr 22
SC 13G
Plum Partners, LLC
14 Feb 22
SC 13G
Polar Asset Management Partners Inc.
10 Feb 22
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
7 Feb 22
4
Kanishka Roy
3 May 21
4
Mike John Dinsdale
3 May 21
4
URSULA M BURNS
3 May 21
4
Clay Whitehead
3 May 21
4
Change in insider ownership
3 May 21
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| Change in cash | ||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 108.86 k | 108.86 k | 108.86 k | 108.86 k | 108.86 k | 108.86 k |
| Cash burn (monthly) | (no burn) | 21.61 k | 211.02 k | 350.76 k | 558.29 k | 478.72 k |
| Cash used (since last report) | n/a | 91.24 k | 890.84 k | 1.48 mm | 2.36 mm | 2.02 mm |
| Cash remaining | n/a | 17.62 k | -781.98 k | -1.37 mm | -2.25 mm | -1.91 mm |
| Runway (months of cash) | n/a | 0.8 | -3.7 | -3.9 | -4.0 | -4.0 |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 70 |
| Opened positions | 35 |
| Closed positions | 10 |
| Increased positions | 30 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 282.58 mm |
| Total shares | 43.12 mm |
| Total puts | 0.00 |
| Total calls | 8.60 k |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Plum Partners | 14.24 mm | $0.00 |
| Glazer Capital | 3.13 mm | $30.99 mm |
| Millennium Management | 2.23 mm | $22.11 mm |
| Polar Asset Management Partners | 2.00 mm | $19.82 mm |
| Magnetar Financial | 1.48 mm | $14.63 mm |
| Integrated Core Strategies | 1.42 mm | $0.00 |
| Periscope Capital | 1.40 mm | $13.92 mm |
| Saba Capital Management | 1.13 mm | $11.18 mm |
| BNP Paribas Arbitrage | 1.08 mm | $21.07 mm |
| HBK Investments L P | 1.08 mm | $10.68 mm |