Plum Acquisition Corp III (PLMJ)

$PLMJ About to announce a very attractive acquisition.

$PLMJ $USREF Please don’t buy, as I am looking to buy more as cheap as possible. I am up to 44k shares.

$USREF I bought more today. I am up to 14,250, which will convert to almost 14k+ shares of $PLMJ @ $10 a share.

$PLMJ - Plum Acquisition Corp. III - 10Q - Updated Risk Factors New risk: Potential Nasdaq delisting of Plum's securities if the Business Combination isn't completed by January 27, 2025, risking liquidity, trading, and compliance challenges. #Risk https://d-risk.ai/PLMJ/10-Q/2024-12-20

$PLMJ SPAC merging with "Tactical resources". Current spac market cap 110M. Pro forma = SPAC shareholders 4.8% SPAC sponsor 12.8% Existing co 80.5% Capital advisors 1.95% At $10, The proposed business combination with Plum Acquisition Corp. III implies a pro forma enterprise value of $589 million. I dont understand why they are taking an OTC stock with $7M market cap other than to drain the pockets of retail investors. They could have uplisted themselves instead of SPACing. Then it would be a good trade for us retailers, but SPACs are straight doodoo for retail. Plum 1 took the company $VEEA public. It is now $2 stock.

$PLMJ So this is surely going to go up with the hype of china rare earth blockage. I hate SPACs though, and they are never structured to benefit retail investors.

$PLMJ Rare earth

$PLMJ something cooking

Besides having an excellent technical rating, $PLMJ also presents a decent setup pattern. https://www.chartmill.com/stock/quote/APTM/technical-analysis?key=88794b77-8846-4066-b7a9-eea802777cca&utm_source=SETUP&utm_medium=stocktwits&utm_campaign=TA&utm_content=APTM