Item 2.03 Creation of a Direct Financial Obligation or an Obligation under

an Off-Balance Sheet Arrangement of a Registrant.

On July 11, 2022, Plum Acquisition Corp. I (the "Company") issued an unsecured promissory note (the "Note") in the principal amount of $500,000 to Ursula Burns (the "Payee"). The Note does not bear interest and is repayable in full upon consummation of the Company's initial business combination (a "Business Combination"). Up to fifty percent (50%) of the principal of the Note may be drawn down from time to time at the Company's option prior to August 25, 2022 and any or all of the remaining undrawn principal of the Note may be drawn down from time to time at the Company's option after August 25, 2022, in each case in increments of not less than $50,000. If the Company does not complete a Business Combination, the Note shall not be repaid and all amounts owed under it will be forgiven. Upon the consummation of a Business Combination, the Payee shall have the option, but not the obligation, to convert the principal balance of the Note, in whole or in part, into private placement warrants (as defined in that certain Warrant Agreement, dated March 18, 2021, by and between the Company and Continental Stock Transfer & Trust Company), at a price of $1.50 per private placement warrant. The Note is subject to customary events of default, the occurrence of which automatically trigger the unpaid principal balance of the Note and all other sums payable with regard to the Note becoming immediately due and payable.

The Note was issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

The Note is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The disclosure set forth in this Item 2.03 is intended to be a summary only and is qualified in its entirety by reference to the Note.

Item 9.01 Financial Statements and Exhibits.





  (d) Exhibits.



10.1      Promissory Note, dated July 11, 2022, issued by Plum Acquisition Corp. I
        to Ursula Burns.

104     Cover Page Interactive Data File (embedded within the Inline XBRL
        document).

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