Paloma Acquisition Corp I (Nasdaq: PALO) said holders may separately trade Class A ordinary shares and warrants starting April 13, 2026. Separated shares will trade as PALO and warrants as PALOW; unseparated units remain PALOU.
The company targets business combinations chiefly in mining and precious metals and named its leadership team and transfer agent for separation requests.
Paloma Acquisition Corp I (NASDAQ: PALOU) closed its initial public offering on February 20, 2026, selling 15,000,000 units at $10.00 per unit for total gross proceeds of $150 million. Each unit includes one Class A ordinary share and one-half warrant; whole warrants exercise at $11.50 per share. Units began trading on Nasdaq under PALOU on February 19, 2026, and once separated the shares and warrants are expected to list as PALO and PALOW.
Jefferies acted as sole book-running manager and a registration statement became effective February 18, 2026.
Paloma Acquisition Corp I (NASDAQ:PALOU) priced an initial public offering of 15,000,000 units at $10.00 per unit for gross proceeds of $150,000,000. Units begin trading on the Nasdaq Global Market under PALOU on February 19, 2026, and the offering is expected to close February 20, 2026.
Each unit comprises one Class A ordinary share and one-half of a redeemable warrant; whole warrants exercise at $11.50. The company targets acquisitions in the minerals sector focused on U.S. gold and silver. Jefferies LLC is sole book-running manager; underwriters have a 45-day option to buy 2,250,000 additional units.