Plum Acquisition Corp. I announced a private placement for gross proceeds of $1,500,000 from North Pole Capital Master Fund, a fund managed by Polar Asset Management Partners Inc. on March 16, 2023.

On July 17, 2023, the company announced that amended and restated subscription agreement. An amount that is up to $160,000 may be requested by the sponsor in one or more capital notices before July 31, 2023.