Alpha Partners Technology Merger (NASDAQ:APTMU) Enters into Amendment with Plum Acquisition Corp. III

Plum Acquisition Corp. III, a Cayman Islands exempted company, and Tactical Resources Corp., a corporation formed under the Laws of the Province of British Columbia, have recently entered into an amendment to the Business Combination Agreement. The agreement was initially dated as of August 22, 2024. The Amendment, made effective on December 10, 2024, holds significant implications for the future operations and listings involving the corporate entities involved.

The Amendment outlines several key provisions, including Plum’s application for a listing of its publicly-traded securities with OTC Markets Group (OTC Markets). This move is contingent on the delisting of Plum securities from Nasdaq on January 27, 2025. Additionally, Plum will be preparing and filing a proxy statement with the U.S. Securities and Exchange Commission (SEC) to modify the Articles of Association. These modifications aim to extend the deadline for Plum to finalize an initial business combination and remove the net tangible asset requirement.

Furthermore, the Amendment emphasizes Plum’s commitment to comply with all relevant rules and regulations of Nasdaq or OTC Markets, ensure continuous qualification for trading on OTC Markets, delist securities post-company amalgamation, and extend the agreement deadline in certain shareholder-approved scenarios.

A copy of the Amendment has been included as Exhibit 2.1 in the current Report on Form 8-K. Shareholders and interested parties are encouraged to review the Registration Statement on Form F-4, which provides detailed information on the Business Combination. It is essential to consider all related filings with the SEC and the Canadian Securities Administrators to comprehend the full scope of the forthcoming changes.

While the Amendment seeks to streamline processes and extend deadlines for strategic initiatives, investors are advised to exercise diligence and consult all official documentation regarding the business transaction. Forward-looking statements accompanying the Amendment underscore the importance of assessing risks and uncertainties associated with the Business Combination.

Investors and stakeholders are urged to stay updated on developments as the amalgamation progresses, with a focus on understanding the evolving landscape and potential impacts on Plum Acquisition Corp. III and Tactical Resources Corp.

This information is essential for forming informed decisions and predictions regarding the outcome of the Business Combination. Careful consideration of the risks and opportunities involved is crucial for strategic planning and investment decisions moving forward.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Alpha Partners Technology Merger’s 8K filing here.

About Alpha Partners Technology Merger

Alpha Partners Technology Merger Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.