Plum Acquisition Corp. III

Plum Acquisition Corp. III filed pro forma condensed combined financial statements for Tactical Resources Corp. as of April 30, 2026. These statements reflect the unaudited pro forma impact of the previously disclosed Asset Purchase Agreement and Business Combination among Plum, Tactical, and Plum III Merger Corp. The financials are presented for illustrative purposes only and are not indicative of the actual financial position or results that will be achieved upon the closing of the Business Combination.

Plum Acquisition Corp. III (PLMJF) reported a net income of $4,396,696 for the three months ended March 31, 2026, a substantial turnaround from a net loss in the prior year, primarily due to a significant gain on warrant liabilities. Despite this, the company faces severe liquidity challenges with only $438 in cash outside its trust account and a working capital deficit of over $6 million. The company's securities were delisted from Nasdaq and now trade on the OTC Markets, though efforts are underway to relist the combined entity's shares on Nasdaq as a condition for its ongoing business combination with Tactical Resources Corp., for which the deadline has been extended to July 30, 2026.

Plum III Merger Corp. (PubCo), on behalf of Tactical Resources Corp., entered an Asset Purchase Agreement on April 7, 2026, to acquire approximately 1.5 million tons of processed tailings from Sierra Blanca Quarry, LLC. In exchange, PubCo will issue about 3,000,000 shares of its common stock to the seller. The transaction's closing is contingent upon the completion of the previously announced business combination involving Plum Acquisition Corp. III, Tactical, and PubCo.