# Plum III Merger Corp. (TREO) — merger/spac_merger [pending]
Source: SEC API (secapi.ai) · situation sit_809ba220aa3c2e93577c · retrieved 2026-08-11T15:54:33.863Z

## Overview
Tactical Resources is a mineral exploration and development company focused on U.S.-made rare earth elements used in semiconductors, electric vehicles, advanced robotics, and national defense, with development of its Peak Project in Hudspeth County, Texas.

Tactical Resources Corp. and Plum Acquisition Corp. III entered into a Business Combination Agreement dated August 22, 2024 (as amended December 10, 2024, January 28, 2025, and August 22, 2025) to effect a merger. Pursuant to the agreement, Plum will domesticate from the Cayman Islands to British Columbia, then amalgamate with Plum III Merger Corp. (Pubco), with Pubco surviving. Immediately thereafter, Tactical will amalgamate with Plum III Amalco Corp., with Tactical surviving as a wholly-owned subsidiary of Pubco. Following the closing, Tactical shareholders will receive approximately 4.45396581 New PubCo Common Shares for each Tactical Share (the "Exchange Ratio"), with 37% of shares subject to a six-month transfer restriction and 63% freely tradeable. The resulting issuer, renamed Tactical Resources Corp., is expected to close on July 28, 2026, and will trade on the Nasdaq Capital Market under ticker symbol "TREO".

## Terms
- Counterparty: Tactical Resources Corp. · Consideration: stock · Price/share: $4.45396581

## Key dates
- Announced 2026-07-23 · Expected close 2026-07-28

## Timeline
- 2026-07-23 · 425 (0001213900-26-081009): 425 - Plum III Merger Corp. — *Tactical Resources is a mineral exploration and development company focused on U.S.-made rare earth elements used in semiconductors, electric vehicles, advanced robotics, and national defense, with development of its Peak Project in Hudspeth County, Texas.* Tactical Resources Corp. and Plum Acquisition Corp. III entered into a Business Combination Agreement dated August 22, 2024 (as amended December 10, 2024, January 28, 2025, and August 22, 2025) to effect a merger. Pursuant to the agreement, Plum will domesticate from the Cayman Islands to British Columbia, then amalgamate with Plum III Merger Corp. (Pubco), with Pubco surviving. Immediately thereafter, Tactical will amalgamate with Plum III Amalco Corp., with Tactical surviving as a wholly-owned subsidiary of Pubco. Following the closing, Tactical shareholders will receive approximately 4.45396581 New PubCo Common Shares for each Tactical Share (the "Exchange Ratio"), with 37% of shares subject to a six-month transfer restriction and 63% freely tradeable. The resulting issuer, renamed Tactical Resources Corp., is expected to close on July 28, 2026, and will trade on the Nasdaq Capital Market under ticker symbol "TREO".
  https://www.sec.gov/Archives/edgar/data/2041208/0001213900-26-081009.txt

## Citations
- 0001213900-26-081009 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026081009