PLTN SEC filings, in plain English
Everything Plutonian Acquisition Corp. has filed with the SEC that we hold — 40 filings, newest first, 3 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2023-11-15trust $58.8M → $35.6M -39%deadline 2024-02-15 → 2024-08-15
trust account, combination deadline, going-concern doubt +22 moved · 3 with no prior record of ours
- Trust account
- $58.8M$35.6M
- Combination deadline
- 2024-02-152024-08-15
- Going-concern doubt
- stated · unchanged
- Mandate language
- we intend to focus our search for a target business on compa… · unchanged
- Redeemable shares
- 5.75Mnot matched in this filing
SpacBrain reads this as $23,150,503 left the trust between the two filings.
The clause “Prepaid expenses 83,902 89,472 Total Current Assets 115,355 515,324 Investments held in Trust Account 35,627,550 34,959,697 Total Assets $ 35,742,905 $ 35,475,021 Liabilities, Temporary Equity, and Stockholders’ Deficit Current”…
SpacBrain reads this as 182 days later than the previous record.
The clause “Concern,” management has determined that if the Company is unable to complete a Business Combination by August 15, 2024 (unless the Company extends the time to complete a Business Combination), then the Company will cease all operations”…
The clause …“condition and the date for liquidation and subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern for a period of 12 months from the issuance date of these financial statements.”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2023-04-14deadline 2023-08-15 → 2024-08-15
combination deadline, trust account, going-concern doubt +21 moved · 4 with no prior record of ours
- Combination deadline
- 2023-08-152024-08-15
- Trust account
- $58.8M · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- we intend to focus our search for a target business on compa… · unchanged
- Redeemable shares
- 5.75M · unchanged
SpacBrain reads this as 366 days later than the previous record.
The clause …“extend the period of time to consummate a business combination one time to August 15, 2024, subject to the Sponsor or its affiliates or designees depositing additional funds into the trust account as set out below. Pursuant to the”…
The clause “2) Significant Other Unobservable Inputs (Level 3) Assets Marketable securities held in Trust account $ 58,778,053 $ 58,778,053 $ — $ — Note 9 — Income Taxes The Company’s net deferred tax assets are as follows: December 31, 2023 2022”…
The clause …“of liquidating. The date for liquidation and subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern for a period of 12 months from the issuance date of these financial statements.”…
The clause …“1,761,125 shares issued and outstanding (excluding 3,239,642 shares and 5,750,000 shares subject to possible redemption at December 31, 2023 and 2022, respectively) 176 176 Additional paid-in capital — 3,500,598 Retained earnings”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Plutonian Acquisition Corp. issued merger materials for a special meeting at 10:00 a.m. Eastern time on April 30, 2024, held virtually, on the business combination agreed October 9, 2023 and structured as an Initial Merger followed by a SPAC Merger. The registration covers 6,003,454 PubCo Ordinary Shares issuable one-for-one for outstanding SPAC Common Stock assuming no redemptions, of which 3,239,642 go to public stockholders. Proposal No. 5 deletes Article SIXTH D of the charter, the $5,000,001 net tangible assets Redemption Limitation. Why it matters: Removing the Redemption Limitation lets the combination close no matter how many public shares are redeemed, so the 3,239,642 shares earmarked for public holders is a ceiling that shrinks with every redemption while the sponsor's block stays fixed. Deleting the provision by charter amendment at the same meeting that approves the deal means holders cannot approve the transaction while preserving the floor — the two items travel together.
What changed: Plutonian Acquisition Corp. set a virtual annual meeting for March 25, 2024 at 11 a.m. ET, conducted by audio conference call, record date February 27, 2024, to vote on a director proposal, an auditor proposal and an adjournment proposal. The meeting is being held to satisfy Nasdaq Listing Rule 5620(a), requiring an annual meeting for the election of directors within 12 months of the fiscal year ended December 31, 2023. Why it matters: No trust, extension or redemption decision is on this ballot; it is a Nasdaq compliance meeting for director elections and auditor ratification, so public holders gain no redemption opportunity here. The relevant context is the extension history it recites: the deadline has already been pushed from August 15, 2023 to as late as August 15, 2024, 21 months after the IPO closing, without a completed deal. Abstentions count as votes against the proposals, which raises the effective approval threshold on a low-turnout retail register.
mandate language, combination deadlinenothing moved · 2 with no prior record of ours
- Mandate language
- not previously extractedwe intend to focus our search for a target business on compa…
- Combination deadline
- 2024-08-15not matched in this filing
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2023-08-18trust $60.1M → $58.8M -2%deadline 2023-11-15 → 2024-02-15
trust account, combination deadline, going-concern doubt +22 moved · 3 with no prior record of ours
- Trust account
- $60.1M$58.8M
- Combination deadline
- 2023-11-152024-02-15
- Going-concern doubt
- stated · unchanged
- Mandate language
- we intend to focus our search for a target business on compa… · unchanged
- Redeemable shares
- 5.75M · unchanged
SpacBrain reads this as $1,324,654 left the trust between the two filings.
The clause “2) Significant Other Unobservable Inputs (Level 3) Assets Marketable securities held in Trust Account $ 58,778,053 $ 58,778,053 $ — $ — Note 9 — Subsequent Events The Company evaluated subsequent events and transactions that occurred”…
SpacBrain reads this as 92 days later than the previous record.
The clause “Concern,” management has determined that if the Company is unable to complete a Business Combination by February 15, 2024 (unless the Company extends the time to complete a Business Combination), then the Company will cease all operations”…
The clause …“of liquidating. The date for liquidation and subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern for a period of 12 months from the issuance date of these financial statements.”…
The clause …“1,761,125 shares issued and outstanding (excluding 3,239,642 shares and 5,750,000 shares subject to possible redemption at September 30, 2023 and December 31, 2022, respectively) 176 176 Additional paid-in capital — 3,500,598”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2023-05-18trust $59.4M → $60.1M +1%deadline 2023-08-15 → 2023-11-15
trust account, combination deadline, going-concern doubt +22 moved · 3 with no prior record of ours
- Trust account
- $59.4M$60.1M
- Combination deadline
- 2023-08-152023-11-15
- Going-concern doubt
- stated · unchanged
- Mandate language
- we intend to focus our search for a target business on compa… · unchanged
- Redeemable shares
- 5.75M · unchanged
SpacBrain reads this as $708,155 was added to the trust between the two filings.
The clause …“Assets 326,345 472,282 Prepaid expenses- non current — 54,982 Investments held in Trust Account 60,102,707 58,778,053 Total Assets $ 60,429,052 $ 59,305,317 Liabilities, Temporary Equity, and Stockholders’ Equity (Deficit) Current”…
SpacBrain reads this as 92 days later than the previous record.
The clause “Concern,” management has determined that if the Company is unable to complete a Business Combination by November 15, 2023 (unless the Company extends the time to complete a Business Combination), then the Company will cease all operations”…
The clause …“of liquidating. The date for liquidation and subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern for a period of 12 months from the issuance date of these financial statements.”…
The clause “5,000,000 shares authorized; 1,761,125 shares issued and outstanding (excluding 5,750,000 shares subject to possible redemption) 176 176 Additional paid-in capital — 3,500,598 Retained earnings (Accumulated Deficit) ( 1,100,773 ) 122,129”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Plutonian Acquisition Corp. set a virtual special meeting for August 8, 2023 at 10:00 a.m. Eastern to extend the deadline up to four times by three months each, from August 15, 2023 to August 15, 2024, with a matching amendment to the November 9, 2022 trust agreement with Continental. Under the existing charter sponsor Plutonian Investments LLC must deposit $189,750, or $0.033033 per public share, per monthly extension; the proxy states the sponsor would like to pay extension fees substantially less than that given market conditions. Why it matters: The company admits the purpose is to let the sponsor pay less than the $189,750 a month its own charter requires, so holders are being asked to accept slower trust accretion in exchange for nothing but time. Combined with management's stated expectation of significant redemptions, the likely outcome is a much smaller trust growing more slowly, held for up to another year while discussions that have produced no signed agreement continue. Redemption at the pro rata trust amount at this vote is the only term of the original bargain still available to holders.
trust account, combination deadline, redeemable shares +3nothing moved · 6 with no prior record of ours
- Trust account
- not previously extracted$59.4M
- Combination deadline
- not previously extracted2023-08-15
- Redeemable shares
- not previously extracted5.75M
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $200Knot matched in this filing
- Mandate language
- we intend to focus our search for a target business on compa… · unchanged
The clause “Assets 272,049 472,282 Prepaid expenses- non current 45,005 54,982 Investments held in Trust Account 59,394,552 58,778,053 Total Assets $ 59,711,606 $ 59,305,317 Liabilities, Temporary Equity, and Stockholders’ Equity Current Liabilities”…
The clause “Concern,” management has determined that if the Company is unable to complete a Business Combination by August 15, 2023 (unless the Company extends the time to complete a Business Combination), then the Company will cease all operations”…
The clause “5,000,000 shares authorized; 1,761,125 shares issued and outstanding (excluding 5,750,000 shares subject to possible redemption) 176 176 Additional paid-in capital 885,250 3,500,598 Retained earnings 419,082 122,129 Total Stockholders’”…
The clause …“of liquidating. The date for liquidation and subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern for a period of 12 months from the issuance date of these financial statements.”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.