Duane Morris Advised Controlled Thermal Resources in Signing its Merger Agreement to Take the U.S. Critical Minerals and Energy Company Public

Duane Morris Advised Controlled Thermal Resources in Signing its Merger Agreement to Take the U.S. Critical Minerals and Energy Company Public

Duane Morris LLP advised Controlled Thermal Resources Holdings Inc., an emerging leader in U.S. critical minerals and clean geothermal energy development, in its definitive business combination agreement with Plum Acquisition Corp. IV (Nasdaq: PLMK), a publicly traded special purpose acquisition company. When the transaction closes (expected in the second half of 2026), Controlled Thermal Resources will become a U.S. publicly traded company listed on the Nasdaq Stock Market under the ticker symbol “CTRH.”

The team of lawyers representing Controlled Thermal Resources was led by Andy Tucker (Partner, Washington, D.C.) and Rebekah D. McCorvey (Partner, Atlanta). Michelle Ngo (Senior Associate, Philadelphia) and Leticia Pavlak (Associate, Atlanta), Laura González Alemán (Associate, Washington, D.C.) and Hallie Baggaley (Associate, Philadelphia) along with Katherine Martinez-Fuentes (Law Clerk, New York) spearhead the corporate effort. The transaction is supported by Christopher D. Durham (Partner), John A. Reade (Partner), Matthew C. Mousley (Partner), Stephen DiBonaventura (Partner) and Hope P. Krebs (Partner, Philadelphia), Joel N. Ephross (Partner/ Houston), Katherine Celeste Speegle (Partner, New York) and Alicyn Craig (Partner, Northern New Jersey), as well as Alison C. Morris (Senior Associate, Philadelphia) and Ariel Seidner (Senior Associate, Washington, D.C).

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