Welcome to our dedicated page for PROEM ACQUISITION I SEC filings (Ticker: PAACU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Proem Acquisition Corp I filings document the issuer's SPAC structure, offering registration, Nasdaq-listed securities, and material-event disclosures. The record includes Form S-1 registration materials and Form 8-K reports covering definitive agreements, IPO-related events, and the terms of units consisting of ordinary shares and redeemable warrants.
The company's filings also identify its Cayman Islands organization, emerging growth company status, ordinary share and warrant securities, governance framework, capital structure, shareholder mechanics, and risk disclosures associated with a blank-check company formed to pursue a business combination.
Polar Asset Management Partners Inc. reported beneficial ownership of 1,200,000 Class A ordinary shares of Proem Acquisition Corp I, representing 6.5% of the class. The filing states these shares are held through Polar's advisory relationship with Polar Multi-Strategy Master Fund and that the Reporting Person "may be deemed to beneficially own" shares convertible from units.
Polar Asset Management Partners Inc. reported beneficial ownership of 1,200,000 Class A ordinary shares of Proem Acquisition Corp I, representing 6.5% of the class. The filing states these shares are held through Polar's advisory relationship with Polar Multi-Strategy Master Fund and that the Reporting Person "may be deemed to beneficially own" shares convertible from units.
Proem Acquisition Corp I ownership filing: Aristeia Capital, L.L.C. reports beneficial ownership of 1,040,000 Units, representing 5.66% of the class. The filing states the percentage is calculated using 18,373,333 shares outstanding as of March 25, 2026.
The Units consist of one ordinary share and one-half of one redeemable warrant (CUSIP G7341A129). The filing shows Aristeia has sole voting and dispositive power over the 1,040,000 Units. The signature block names Andrew B. David as COO of Aristeia Capital, L.L.C.
Proem Acquisition Corp I ownership filing: Aristeia Capital, L.L.C. reports beneficial ownership of 1,040,000 Units, representing 5.66% of the class. The filing states the percentage is calculated using 18,373,333 shares outstanding as of March 25, 2026.
The Units consist of one ordinary share and one-half of one redeemable warrant (CUSIP G7341A129). The filing shows Aristeia has sole voting and dispositive power over the 1,040,000 Units. The signature block names Andrew B. David as COO of Aristeia Capital, L.L.C.
ProEm Acquisition Corp. I shareholders filing: magnetar-affiliated entities and David J. Snyderman report shared beneficial ownership of 1,000,000 Class A ordinary shares as of March 31, 2026, representing approximately 5.44% of outstanding shares. The filing attributes holdings to multiple Magnetar funds with detailed per‑fund allocations and shows 18,373,333 shares outstanding per the issuer's Form 10-K.
ProEm Acquisition Corp. I shareholders filing: magnetar-affiliated entities and David J. Snyderman report shared beneficial ownership of 1,000,000 Class A ordinary shares as of March 31, 2026, representing approximately 5.44% of outstanding shares. The filing attributes holdings to multiple Magnetar funds with detailed per‑fund allocations and shows 18,373,333 shares outstanding per the issuer's Form 10-K.
Proem Acquisition Corp I, a Cayman Islands-based blank check company, filed its annual report describing its SPAC structure and recent financing. On February 13, 2026 it completed an initial public offering of 13,000,000 units at $10.00 each, raising gross proceeds of $130,000,000.
The company also sold 292,500 private units to its sponsor for $2,925,000 and issued 97,500 representative shares to the underwriters, depositing $130,000,000 (including $4,550,000 of deferred underwriting commissions) into a trust account. Proem is targeting high-growth, technology-driven businesses in areas such as AI, blockchain, SaaS, data infrastructure, and cybersecurity, and has up to 24 months from the IPO closing to complete an initial business combination.
Proem SPAC Partners I LLC, the sponsor of Proem Acquisition Corp. I, reported ownership of 292,500 private units, each consisting of one ordinary share and one-half of one redeemable warrant. These private units were purchased for $2,925,000, or $10.00 per unit, under a Private Placement Units Purchase Agreement dated February 11, 2026.
The filing shows 292,500 ordinary shares and 146,250 related warrants, with 4,625,833 ordinary shares held after the reported transactions. Each whole warrant allows the holder to buy one ordinary share at $11.50 per share, becoming exercisable after the initial business combination or on February 11, 2027, and expiring five years after that business combination.
Proem SPAC Partners I LLC, the sponsor of Proem Acquisition Corp. I, purchased 4,983,333 ordinary shares for $25,000, with 650,000 shares subject to forfeiture depending on underwriters’ over-allotment exercise. The sponsor also bought 292,500 private units at $10.00 per unit for an aggregate $2,925,000.
Each private unit consists of one ordinary share and one-half of one redeemable warrant, giving 292,500 ordinary shares and 146,250 whole warrants. Each warrant allows purchase of one ordinary share at $11.50 per share. The warrants become exercisable after completion of the initial business combination or on February 11, 2027, and expire five years after that business combination or earlier upon redemption or liquidation.
Imran Khan, the issuer’s Chief Executive Officer and a 10% owner, is the managing member of the sponsor and has voting and dispositive power over the sponsor’s shares, but disclaims beneficial ownership beyond any pecuniary interest.
Proem SPAC Partners I LLC, an affiliate of Proem Acquisition Corp. I, reported its initial beneficial ownership of the company’s ordinary shares. The filing shows direct ownership of 4,983,333 ordinary shares.
The position represents founder shares issued in connection with the company’s initial public offering and includes 650,000 ordinary shares that may be forfeited if the IPO underwriters exercise their over-allotment option. This Form 3 is a disclosure of existing holdings rather than a new market transaction.
Proem SPAC Partners I LLC and Imran Khan report significant ownership in Proem Acquisition Corp. I. The sponsor beneficially owns 4,625,833 ordinary shares, made up of 4,333,333 founder shares and 292,500 shares from private placement units, representing 26.1% of 17,723,333 ordinary shares outstanding.
The issuer completed an IPO of 13,000,000 units at $10.00 per unit for total proceeds of $130,000,000, while the sponsor bought 292,500 private placement units at $10.00 per unit for $2,925,000. The sponsor and insiders are subject to lock-up and transfer restrictions and have agreed to vote their shares in favor of any proposed business combination.
Proem Acquisition Corp. I director David Eckstein filed an initial Form 3 disclosing an indirect holding of 25,000 ordinary shares. These shares represent founder shares he receives indirectly through his membership interests in the company’s sponsor, Proem SPAC Partners I LLC, rather than shares he holds directly.
This filing is an initial statement of beneficial ownership and does not report a new open-market purchase or sale. Instead, it documents the equity interest Mr. Eckstein receives as compensation for his services as a director.
Millennium Management LLC and related parties reported beneficial ownership of 752,500 ordinary shares (4.1%) of Proem Acquisition Corp I as of 02/12/2026. The filing states the reporting persons acquired beneficial ownership of more than 5% on 02/12/2026 and thereafter ceased to be beneficial owners of more than 5% by the date of this filing. The shares are shown with shared voting and shared dispositive power of 752,500 attributed across Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander. A Joint Filing Agreement dated 02/19/2026 is attached.