John Wu discloses indirect stake in Proem Acquisition Corp. I (PAACU)
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Proem Acquisition Corp. I director John Wu has filed an initial ownership report showing an indirect stake in the company. The Form 3 indicates he holds indirect beneficial ownership of 10,000 ordinary shares as of the reported date. These shares represent founder shares received as part of his compensation for serving as a director, held through his membership interests in the company’s sponsor, Proem SPAC Partners I LLC. The filing does not report any recent purchase or sale activity, only Mr. Wu’s existing indirect holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wu John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | ORDINARY SHARE | -- | -- | -- |
Holdings After Transaction:
ORDINARY SHARE — 10,000 shares (Indirect, See footnote)
Footnotes (1)
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FAQ
What does John Wu’s Form 3 filing show for Proem Acquisition Corp. I (PAACU)?
John Wu’s Form 3 shows he has indirect beneficial ownership of 10,000 ordinary shares of Proem Acquisition Corp. I. The filing is an initial ownership report, not a record of a new trade or change in his holdings.
Is John Wu’s Form 3 for Proem Acquisition Corp. I a buy or sell transaction?
John Wu’s Form 3 is not a buy or sell transaction. It is an initial ownership statement that simply reports his existing indirect beneficial ownership of 10,000 ordinary shares, without indicating any recent purchase or sale activity.