FINANCIAL STATEMENTS AND SUPPLEMENTAL DATA
−Removed: information required by this Item is included in this Annual Report as set forth in the “Index to Consolidated Financial Statements”
−Removed: which appears on page F-1 of this Annual Report, after the signature pages of this Annual Report, and is incorporated by reference herein.
+Added: The information required by this Item is included in this Annual Report
+Added: as set forth in the “Index to Consolidated Financial Statements” which appears on page F-1 of this Annual Report, following
+Added: Exhibits, Financial Statements and Schedules and prior to the signature pages of this Annual Report, and is incorporated by reference
CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
−Removed: September 19, 2024, the Board dismissed Marcum LLP (“Marcum”), the Company’s independent registered public accounting
−Removed: Marcum’s report on Plum’s financial statements as of December 31, 2023 and 2022 contained an explanatory paragraph
−Removed: relating to going concern, but otherwise did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified
−Removed: as to uncertainty, audit scope or accounting principles.
−Removed: required by Rules 13a-15 and 15d-15 under the Exchange Act, Plum’s Chief Executive Officer and Chief Financial Officer carried
−Removed: out an evaluation of the effectiveness of the design and operation of Plum’s disclosure controls and procedures as of June 30,
−Removed: Based upon their evaluation, Plum’s Chief Executive Officer and Chief Financial Officer concluded that Plum’s disclosure
−Removed: controls and procedures were not effective as of June 30, 2024 due to the material weakness in Plum’s internal controls over accounting
−Removed: and reporting complex financial instruments including the accounting for Plum’s subscription agreements and other service provider
−Removed: or investor agreements, proper classification of warrants as liabilities and redeemable Class A ordinary shares as temporary equity and
−Removed: prepaid expenses between current and non-current, misclassification of the trust account between current and long term assets, misclassification
−Removed: of redeemed shares between current liabilities and temporary equity and under accrual of liabilities.
+Added: On September 19, 2024, the Board dismissed Marcum LLP (“ Marcum ”),
+Added: the Company’s former independent registered public accounting firm.
+Added: Marcum’s report on Plum’s financial statements as
+Added: of December 31, 2023 and 2022 contained an explanatory paragraph relating to going concern, but otherwise did not contain any adverse
+Added: opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.
+Added: As required by Rules 13a-15 and 15d-15 under the Exchange Act, Plum’s
+Added: Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of the design and operation of Plum’s
+Added: disclosure controls and procedures as of June 30, 2024.
+Added: Based upon their evaluation, Plum’s Chief Executive Officer and Chief Financial
+Added: Officer concluded that Plum’s disclosure controls and procedures were not effective as of June 30, 2024 due to the material weakness
+Added: in Plum’s internal controls over accounting and reporting complex financial instruments including the accounting for Plum’s
+Added: subscription agreements and other service provider or investor agreements, proper classification of warrants as liabilities and redeemable
+Added: Class A ordinary shares of Plum (prior to the Closing of the Business Combination) as temporary equity and prepaid expenses between current
+Added: and non-current, misclassification of the trust account between current and long term assets, misclassification of redeemed shares between
+Added: current liabilities and temporary equity and under accrual of liabilities.
Marcum’s engagement by the Company, and through the date of dismissal, there were no:
3 unchanged sentences
its report or (ii) reportable events as defined in Item 304(a)(1)(v) of Regulation S-K, other than as described above.
−Removed: September 19, 2024 the Board approved the engagement of PKF O’Connor Davies, LLP (“PKF”) as the Company’s independent
−Removed: registered public accounting firm to audit the Company’s consolidated financial statements for the year ending December 31, 2024,
+Added: September 19, 2024 the Board approved the engagement of PKF O’Connor Davies, LLP (“ PKF ”) as the Company’s
+Added: independent registered public accounting firm to audit the Company’s consolidated financial statements for the year ending December
31, 2024, effective immediately.
−Removed: The Board ratified the dismissal of Marcum and the engagement of PKF on September 19, 2024, and the change became
−Removed: effective on September 19, 2024.
+Added: The Board ratified the dismissal of Marcum and the engagement of PKF on September 19, 2024, and the
+Added: change became effective on September 19, 2024.
the fiscal years ended December 31, 2023 and December 31, 2022, and the subsequent interim period through the date of PKF’s engagement,
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.