Tactical Resources to list on Nasdaq through Plum Acquisition III pact
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 23 2024
0mins
Source: SeekingAlpha
Business Combination Agreement: Tactical Resources and Plum Acquisition III have agreed to a business combination that values Tactical Resources at $589 million, with existing shareholders expected to own approximately 82% of the new entity post-completion.
Funding and Future Plans: The transaction proceeds will support Tactical Resources' growth strategy, including financing operations at the Peak Project and advancing future production activities, with completion anticipated in Q4 2024.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
