Ropes & Gray Advises on $172.5 Million IPO for SPAC Plum IV

In The News
January 16, 2025

Ropes & Gray represented the underwriters in special purpose acquisition company Plum Acquisition Corp. IV’s $172.5 million IPO, which included the full exercise of the underwriters’ over-allotment option. The units will be listed on Nasdaq under the symbols “PLMK” and “PLMKW,” respectively. The company announced the pricing in a Jan. 14 press release and closed on Jan. 16.

Plum IV was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The team includes capital markets partner Christopher Capuzzi and tax partner Dan Zuckerman.