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Plum Acquisition Corp III to acquire Tactical Resources

PUBLIC · PLMKMay 22, 2025

Acquiring Company

PLUM ACQUISITION CORP. IV

Acquired Company

Tactical Resources

San FranciscoBritish ColumbiaFinancial ServicesArtificial IntelligenceManufacturingMiningMineral

Description

Tactical Resources Corp. has entered into a business combination agreement with Plum Acquisition Corp III, expected to close in the second half of 2025. Upon completion, Tactical Resources will be listed on Nasdaq. This merger indicates a significant step towards enhancing rare earth supply chains in the United States.

Quick answer

PLUM ACQUISITION CORP. IV is acquiring Tactical Resources, announced May 22, 2025. PLUM ACQUISITION CORP. IV is based in San Francisco, California, United States.

How much did PLUM ACQUISITION CORP. IV pay for Tactical Resources?
The deal value was not disclosed.
What does PLUM ACQUISITION CORP. IV do?
Plum Acquisition Corp. IV is a special purpose acquisition company (SPAC).
Where are PLUM ACQUISITION CORP. IV and Tactical Resources based?
PLUM ACQUISITION CORP. IV is based in San Francisco, California, United States. Tactical Resources is based in British Columbia, Canada.

Source: Fundz verified event record.

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Company Information

Company

PLUM ACQUISITION CORP. IV

Location

San Francisco, California, United States

About

Plum Acquisition Corp. IV is a special purpose acquisition company (SPAC). The company is focused on identifying and merging with a target business in a variety of sectors. SPACs are formed to raise capital through an initial public offering (IPO) to acquire an existing company. They provide investors the opportunity to invest in private equity deals.

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Frequently asked

Who acquired Tactical Resources?

Tactical Resources was acquired by PLUM ACQUISITION CORP. IV, based in San Francisco. The deal was reported on May 22, 2025. Plum Acquisition Corp. IV is a special purpose acquisition company (SPAC). The company is focused on identifying and merging with a target business in a variety of sectors. PLUM ACQUISITION CORP. IV is publicly traded (PLMK) and operates in Financial Services.

When did PLUM ACQUISITION CORP. IV acquire Tactical Resources?

PLUM ACQUISITION CORP. IV's acquisition of Tactical Resources was reported on May 22, 2025. Tactical Resources Corp. has entered into a business combination agreement with Plum Acquisition Corp III, expected to close in the second half of 2025. Upon completion, Tactical Resources will be listed on Nasdaq. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tactical Resources do?

Tactical Resources Corp. is a U.S.-focused rare earth elements development company. The company is dedicated to developing critical national resources in the United States. It possesses existing mined materials and established infrastructure. It is privately held, operating in Manufacturing, and is based in British Columbia.

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