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Plum Acquisition Corp. I (PLMIU)

Price chart

Return from IPO

Last SPACs News

IPO Profile

About company

Former Xerox CEO Ursula Burns, who was the first African American woman to lead an S&P 500 company, is one of the four co-founders of Plum, a new blank-check company incorporated in the Cayman Islands. In the prospectus, Plum’s co-founders say: “We seek to partner with a scaled, high-quality company that leverages platform models in the enterprise software, SMB software and infrastructure, or disruptive marketplace models in verticals where they have extensive expertise, such as business automation, health and wellbeing, fintech and insuretech. They will seek to identify businesses with distinct Machine Learning and AI-driven advantages to create new markets and disrupt existing ones to drive outsized market share and investor returns.” Plum’s co-founders also say: “We seek to establish ourselves as the first-stop SPAC platform for high-quality companies in the U.S. and Europe.” (SPAC is an acronym for special-purpose acquisition company, also known as a blank-check company.)Ursula Burns became the chairman and CEO of VEON Ltd., a multinational telecom company, in December 2018. As Plum’s executive chairwoman, she is joined by the company’s three other co-founders in these roles:*Clay Whitehead, CEO and a director of Plum, is the founder of Pomegranate Ventures, a venture capital firm that invests in private high-growth tech companies in the cloud, enterprise and consumer sectors. Recent investments include Digital Ocean and Lemonade. He also co-founded and led Presence Learning, a telehealth platform for special education and mental health therapy services for children and teens, from 2009 through 2018.*Kanishka Roy, president and a Plum director, is the former global head of tech M&A origination for Morgan Stanley.*Mike Dinsdale, CFO, COO and a Plum director, who “has defined the ‘modern unicorn’ CFO for over 20 years,” according to the prospectus. He previously was the CFO for Gusto, DoorDash and DocuSign.
Blank Checks
Clay Whitehead Mike Dinsdale
Employees Founded
0 2020


Address: 2021 Fillmore St. #2089 San Francisco, California 94115

Telephone: (415) 683-6773

Web page:

IPO information

First Trade Date 3/16/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
Share prices ($)

Shares & Volumes

Shares Initial (MM) 30
Shares Revised (MM) 30
Expected offer amount (MM) $300
Realized offer amount(MM) $300

Financial Data (last reporting year)

Market Cap (MM) $375.0
Revenues (MM) $0
Net Income (Loss) (MM) $0


What do you think will happen with the PLMIU share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

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