SecProbe.io

August 27, 2024
Kanishka Roy
Chief Executive Officer
Plum Acquisition Corp. IV
2021 Fillmore St. #2089
San Francisco, CA 94115
Re:Plum Acquisition Corp. IV
Registration Statement on Form S-1
Filed July 31, 2024
File No. 333-281144
Dear Kanishka Roy:
            We have reviewed your registration statement and have the following comments.
            Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response.
            After reviewing any amendment to your registration statement and the information you
provide in response to this letter, we may have additional comments.
Registration Statement on Form S-1
Cover Page
1.Please revise the disclosure regarding dilution relating to the founder shares to also
disclose whether the anti-dilution adjustment to the founder shares in connection with the
initial business combination may result in material dilution of purchasers' equity interests.
See Item 1602(a)(3) of Regulation S-K.
2.When discussing the amount of Sponsor compensation received or to be received, as
required by Item 1602(a)(3) of Regulation S-K, please include the repayment of loans and
the compensation to be paid to affiliates of your Sponsor, including your CEO.
Summary
Management Members, page 3
Please revise this section to clearly identify any SPAC business combinations in which
your management team has participated. In addition, for each SPAC involving members
of your management team, clearly disclose any extensions and redemption levels in 3.

August 27, 2024
Page 2
connection with any extension and/or business combination. For those SPACs that have
completed a de-SPAC transaction, disclose the current trading prices. Please also describe
the current status of Plum Acquisition Corp. III.
4.Where you disclose conflicts of interest throughout the filing, as applicable, please also
disclose that the executive officers of Plum Acquisition Corp. III and Plum Acquisition
Corp. IV are identical and that Plum Acquisition Corp. III has not yet entered into a
definitive agreement with a target for a business combination. Therefore,
there appears to be a material conflict of interest in seeking potential targets. In your
revisions, please describe how your executive officers plan to allocate business
combination opportunities between Plum Acquisition Corp. III and Plum Acquisition
Corp. IV.
Our Sponsor, page 4
5.Please revise the table here and on page 94 disclosing the nature and amount of
compensation received or to be received to include the anti-dilution adjustment of the
founder shares. See Items 1602(b)(6) of Regulation S-K. Also describe the extent to
which this compensation and securities issuance, as well as the private placement
warrants which may be exercised on a cashless basis, may result in a material dilution of
the purchasers’ equity interests. See Items 1602(b)(6) and 1603(a)(6) of Regulation S-K.
6.Please revise the disclosure on page 5 to also disclose the lock-up agreement with the
underwriter, as discussed on page 166. See Item 1603(a)(9) of Regulation S-K.
7.When available, based on the indications of interest by the sponsor non-managing
members to invest in the sponsor, please revise to disclose the persons who may have
direct and indirect material interests in the sponsor, as well as the nature and amount of
their interests. See Item 1603(a)(7) of Regulation S-K.
Our Business Strategy, page 6
8.Please revise this section to clarify, if true, that your ability to identify and evaluate a
target company may be impacted by competition among other SPACs pursuing business
combination transaction candidates. Please also clarify that this competition may impact
the attractiveness of the acquisition terms that you will be able to negotiate with potential
targets.
Initial Business Combination, page 8
9.Please disclose your plans if you do not consummate a de-SPAC transaction within 24
months, including whether you expect to extend the time period and whether there are any
limitations on the number of extensions, including the number of times. Also disclose the
consequences to the sponsor of not completing an extension of this time period. See Item
1602(b)(4) of Regulation S-K.
10.Please state the basis for your statement on page 10 that you do not believe that the
fiduciary or contractual duties of your officers or directors will materially affect your
ability to complete a business combination.
We note your references in this section to potentially pursuing additional financing in
connection with your initial business combination. Please revise here and elsewhere, as 11.

August 27, 2024
Page 3
appropriate, to describe how additional financings may impact unaffiliated security
holders. See Item 1602(b)(5) of Regulation S-K.
Permitted purchases and other transactions with respect to our securities, page 25
12.We note your disclosure on page 25 that to the extent that any public shares are purchased
by the Sponsor, your directors, officers, advisors or any of their affiliates, such purchases
will be in compliance with all of the requirements set forth in Tender Offers and
Schedules Compliance and Disclosure Interpretations Question 166.01 promulgated by
the SEC, including that such public shares will not be voted. Please reconcile with the
disclosure on page 127 and elsewhere stating that in the event that you submit your initial
business combination to public shareholders for a vote, your initial shareholders,
directors, and officers have agreed to vote any founder shares and any public shares held
by them in favor of your initial business combination. Alternatively, please advise.
Conflicts of Interest, page 33
13.Under Conflicts of Interest, please revise to clearly disclose the nominal price paid for the
securities by your Sponsor and the associated conflict(s) of interest in determining
whether to pursue a de-SPAC transaction. In addition, please add disclosure of the
conflicts of interest relating to the compensation, repayment of loans, and reimbursements
of expenses that will be paid to officers and directors affiliated with the sponsor upon
completion of a de-SPAC transaction. Please also disclose the potential conflicts of
interest due to the potential payment of advisory fees as referenced on page 32 and
elsewhere. Lastly, please disclose the potential conflicts of interest arising from the ability
to complete a de-SPAC transaction with an entity affiliated with your sponsor, officers or
directors. See Item 1602(b)(7) of Regulation S-K. Please similarly revise the Conflicts of
Interest subsection beginning on page 125.
14.Please revise to discuss the potential conflicts of interest if you decide to pursue a
business combination with a company that is affiliated with the non-managing investors,
as discussed on page 127.
Risk Factors
We may not be able to complete an initial business combination since such initial business
combination may be subject..., page 43
15.Please revise to disclose whether your sponsor is, is controlled by, has any members who
are, or has substantial ties with, a non-U.S. person.
Dilution, page 82
16.You state that the dilution calculation does not reflect any dilution associated with the sale
and exercise of warrants, which would cause the actual dilution to the public shareholders
to be higher, particularly where a cashless exercise is utilized. Please support your basis,
citing authoritative literature, for not considering the impact of the public warrants in the
dilution table.
We refer you to your tabular presentation of dilution at quartile intervals on the outside
cover page and on pages 82 and 83. Such tabular presentation appears to assume your
maximum redemption threshold is the entire amount of shares to be sold to public 17.

August 27, 2024
Page 4
shareholders as part of this offering. We further note your disclosure on the outside cover
page that you may not redeem your public shares in an amount that would cause your net
tangible assets, after payment of the deferred underwriting commissions, to be less than
$5,000,001. Please tell us how you considered this anticipated redemption restriction in
your determination of your maximum redemption threshold for your dilution presentation.
Please refer to Item 1602 of Regulation S-K.
Officer and Director Compensation, page 122
18.Please revise to discuss the founder shares that each of the the independent directors will
receive for their service as a director, as referenced elsewhere in the prospectus.
Plum Acquisition Corp. IV
Notes to Financial Statements
Note 2- Summary of Significant Accounting Policies
Warrant Instruments, page F-12
19.We note your disclosure that the public and private placement warrants meet the criteria
for equity treatment. Please provide us your analysis under ASC 815-40 to support your
accounting treatment for these warrants. As part of your analysis, please specifically
address the following sections of your warrant agreement filed as exhibit 4.4:
•the "Newly Issued Price" and the redemption trigger price in section 4.4 and
•the tender offer provision in section 4.5.
            We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
            Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
            Please contact Sasha Parikh at 202-551-3627 or Lynn Dicker at 202-551-3616 if you
have questions regarding comments on the financial statements and related matters. Please
contact Jimmy McNamara at 202-551-7349 or Alan Campbell at 202-551-4224 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Life Sciences
cc:Jason Simon