Crossingbridge Advisors LLC Makes New $556,000 Investment in Plum Acquisition Corp. III (NASDAQ:PLMJ)

Crossingbridge Advisors LLC purchased a new position in shares of Plum Acquisition Corp. III (NASDAQ:PLMJ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 50,000 shares of the company’s stock, valued at approximately $556,000. Crossingbridge Advisors LLC owned 0.49% of Plum Acquisition Corp. III as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Walleye Trading LLC bought a new position in shares of Plum Acquisition Corp. III in the third quarter valued at approximately $280,000. Tidal Investments LLC bought a new position in shares of Plum Acquisition Corp. III in the third quarter valued at approximately $396,000. Warberg Asset Management LLC bought a new position in shares of Plum Acquisition Corp. III in the fourth quarter valued at approximately $475,000. Walleye Capital LLC bought a new position in shares of Plum Acquisition Corp. III in the third quarter valued at approximately $538,000. Finally, Virtu Financial LLC bought a new position in shares of Plum Acquisition Corp. III in the third quarter valued at approximately $865,000. Institutional investors own 82.20% of the company’s stock.

Plum Acquisition Corp. III Trading Down 6.9 %

NASDAQ:PLMJ opened at $11.08 on Monday. Plum Acquisition Corp. III has a 1 year low of $10.50 and a 1 year high of $13.10. The firm has a 50 day moving average of $11.19 and a 200-day moving average of $11.03.

About Plum Acquisition Corp. III

Plum Acquisition Corp. III does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Alpha Partners Technology Merger Corp.