While we may pursue an initial business combination opportunity in any industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and operate a business or businesses that can benefit from our management team’s established global relationships, sector expertise and active management and operating experience.

We will seek to identify businesses with distinct machine learning (ML), artificial intelligence (AI) and other deep technology advantages to create new markets and disrupt existing ones. We especially like vertical-industry solutions that have created large competitive moats, and are more easily able to cross-sell captive customer bases as a result of their proven domain expertise. We intend to focus on investment opportunities with sustainable and predictable top-line growth, recurring revenue dynamics, network effects or aggregator dynamics, compelling unit economics, and brand. We expect to align investors with a visionary management team to support long-term value creation.

Kanishka Roy is our CEO and chairman of the board. He is a technology and finance veteran with more than 25 years of experience as a technology investment banker, public company executive and growth investor. Mr. Roy is a co-founder and the managing partner of Plum Partners, a late-stage investment company. He is also the CEO and chairman of two other SPACs under the Plum name – Plum Acquisition Corp. I and Plum Acquisition Corp. III – both SPACs traded on the NASDAQ. From 2010 to 2019, Mr. Roy was the global head of tech M&A origination at Morgan Stanley. During  his career, he has participated in over $100 billion  of M&A transactions. From 2019 to 2020, he was the global CFO of SmartNews, a private multibillion-dollar AI unicorn with over 20 million monthly average users. Mr. Roy started his career as a software engineer at two software startups (both later acquired by larger public companies). He also worked in executive strategy roles at IBM. 

Steven Handwerker is our CFO and a director. Mr. Handwerker has more than 15 years of experience investing in and covering the financial services and FinTech industries. He has previously served as the Chief Financial Officer of two Nasdaq listed special purpose acquisition companies. Since March 2024, Mr. Handwerker has been the Chief Financial Officer of Plum Acquisition Corp. III. Mr. Handwerker also serves as a Financial Consultant to Events.com, a software company building a comprehensive event management platform. Mr. Handwerker was the Chief Financial Officer of FinServ Acquisition Corp. II from 2021 until 2023. From 2019 to 2021, Mr. Handwerker served as a consultant and Head of Business Development for FinServ Acquisition Corp. I, and was involved in all aspects of its business and operations. From 2013 to 2017, he was an Analyst at Citadel’s equity long/short hedge fund platform, covering companies within the financial services and FinTech sectors. Prior to Citadel, Mr. Handwerker was an Investment Banking Analyst in Barclays’ Financial Institutions Group from 2010 to 2013.

(Note: Plum Acquisition Corp. IV filed an S-1/A dated Dec. 13, 2024, in which it cut its SPAC IPO’s size to 15.0 million units – down from 20.0 million units – and kept the price at $10.00 per unit – to raise $150.0 million. Background: Plum Acquisition Corp. IV filed an S-1/A dated Nov. 4, 2024, in which it added Seaport Global as a joint book-runner to work with Cohen & Company as the lead joint book-runner.)

(Note: Plum Acquisition Corp. IV filed its S-1 for its SPAC IPO on July 31, 2024, and disclosed the terms: 20.0 million units at $10.00 each to raise $200.0 million. Each  unit consists of one Class A ordinary share and one-half of one redeemable warrant.)