What Changed
Price Move History
- Daily moves over 5%
- 0 55 sessions, February 12, 2026 to October 7, 2026
- Largest daily move
- +4.8% close of September 28, 2026
- 1-month change
- +1.5% closing prices, August 31, 2026 to October 7, 2026
Company Description
Proem Acquisition Corp I is a blank-check company formed to pursue a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company is organized as a Cayman Islands exempted company and is associated with Nasdaq-listed units under the symbol PAACU.
The issuer's public security structure reflects its SPAC format. Each unit consists of one ordinary share and one-half of one redeemable warrant. The company's ordinary shares trade under PAAC, and its warrants trade under PAACW. Each whole warrant is exercisable for one ordinary share, according to the company's offering-related disclosures.
As a SPAC, Proem Acquisition Corp I does not describe an operating product line, customer base, or revenue-generating commercial business in the manner of an operating company. Its corporate purpose is to identify and complete a business combination. The company's public disclosures therefore center on its offering registration, unit and warrant terms, material agreements, capital structure, governance, shareholder mechanics, and the risks associated with a blank-check issuer.
Proem Acquisition Corp I has identified Dallas, Texas as its principal executive office location in regulatory filings. The company is also classified as an emerging growth company under U.S. securities-law disclosure rules.
Stock Performance
Proem Acquisition I Units (PAACU) closed at $10.30 on October 7, 2026. Over the past month, the price has gained 1.5%.
PAACU Metrics & Rankings
Price returns through October 7, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
Proem Acquisition I Units has 2 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 1 with negative movement. Key topics include acquisition. View all PAACU news →
SEC Filings
Proem Acquisition I Units has filed 6 recent SEC filings, including 3 Form SCHEDULE 13G, 2 Form 8-K, 1 Form 10-Q. The most recent filing was submitted on . SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all PAACU SEC filings →
Financial Highlights
net income was -$55K. The current ratio was 0.08, measuring current assets divided by current liabilities.
Upcoming Events
Business combination closing
Proem Acquisition I Units has 1 upcoming scheduled event. The next event, "Business combination closing", is expected in Q1 2027. Investors can track these dates to stay informed about potential catalysts that may affect the PAACU stock price.
Short Interest History
Short interest in Proem Acquisition I Units (PAACU) currently stands at 5.0 thousand shares, down 3.7% from the previous reporting period. Since February 2026, short interest has decreased by 96.7%.
Days to Cover History
Days to cover for Proem Acquisition I Units (PAACU) currently stands at 1.0 days, down 99.9% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Across the settlements charted above, it has ranged from 1.0 to 1000.0 days.
PAACU Company Profile & Sector Positioning
Proem Acquisition I Units (PAACU) operates in the Shell Companies industry within the broader Financial Services sector and is listed on the NASDAQ.
Investors comparing PAACU often look at related companies in the same sector, including HCM IV Acquisition Corp. Unit (HACQU), Collective Acquisition Corp. II Units (CAIIU), Illumination Acquisition Corp I Units (ILLUU), Averin Capital Acquisition Corp. Units (ACAAU), and Cambridge Acquisition Corp. Unit (CAQUU). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate PAACU's relative position within its industry.