California lithium company to go public in $4.7 billion SPAC deal

Plum Acquisition. IV

09/03/2026 12:05

March 9 (Reuters) - California lithium company Controlled Thermal Resources will go public in the United States through a $4.7 billion merger with blank-check firm Plum Acquisition Corp IV PLMKU.O, the companies said on Monday.

 (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shinjini Ganguli)

 ((ArasuKannagi.Basil@thomsonreuters.com))