Clear Street LLC Acquires 104,062 Shares of Plum Acquisition Corp. I (NASDAQ:PLMI)

Clear Street LLC raised its stake in shares of Plum Acquisition Corp. I (NASDAQ:PLMI) by 7,236.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,500 shares of the company’s stock after buying an additional 104,062 shares during the quarter. Plum Acquisition Corp. I comprises approximately 0.0% of Clear Street LLC’s holdings, making the stock its 21st largest position. Clear Street LLC owned about 0.94% of Plum Acquisition Corp. I worth $1,108,000 as of its most recent SEC filing.

Separately, Glazer Capital LLC boosted its holdings in shares of Plum Acquisition Corp. I by 58.6% during the 4th quarter. Glazer Capital LLC now owns 408,337 shares of the company’s stock valued at $4,430,000 after purchasing an additional 150,881 shares during the last quarter. Hedge funds and other institutional investors own 25.88% of the company’s stock.

Plum Acquisition Corp. I Stock Down 25.0 %

Shares of PLMI stock opened at $9.00 on Thursday. Plum Acquisition Corp. I has a 12-month low of $9.00 and a 12-month high of $12.05. The stock’s 50-day moving average price is $10.28 and its 200-day moving average price is $10.73.

Plum Acquisition Corp. I Profile

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.