Here are the 10-Q quarterly reports from Proem Acquisition Corp I Units (PAACU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PAACU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PAACU filings page.
Proem Acquisition Corp I, a Cayman Islands-based special purpose acquisition company, reported its first post-IPO quarter for the period ended June 30, 2026. Total assets were $132.8 million, including $131.7 million of investments held in a Trust Account funded by the February 2026 IPO of 13,000,000 units for $130.0 million and a private placement of 292,500 units for $2.9 million.
For the three and six months ended June 30, 2026, the company recorded net income of $987,923 and $1,427,522, driven primarily by interest income on Trust investments of $1,162,836 and $1,709,599, partially offset by general and administrative expenses of $174,913 and $403,377. Ordinary shares subject to possible redemption totaled 13,000,000 at a redemption value of $10.13 per share.
Outside the Trust, Proem held $636,353 in cash and working capital of $855,110. Management discloses that its projected future liquidity position and the requirement to liquidate if no business combination is completed within the defined timeframe raise substantial doubt about the company’s ability to continue as a going concern. As of August 11, 2026, there were 17,723,333 ordinary shares issued and outstanding, including those underlying units.