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Proem Acquisition Corp. I (PAACU) holder reports 4.98M founder shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Insider Proem SPAC Partners I LLC
Role 10% Owner
Type Security Shares Price Value
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 4,983,333 shares (Direct)
Footnotes (1)
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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Proem SPAC Partners I LLC

(Last) (First) (Middle)
C/O PROEM ACQUISITION CORP I
3860 W. NORTHWEST HWY, SUITE 470

(Street)
DALLAS TX 75220

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/11/2026
3. Issuer Name and Ticker or Trading Symbol
Proem Acquisition Corp. I [ PAAC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares 4,983,333(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the founder shares issued to the Reporting Person in connection with the Company's initial public offering ("IPO") and includes 650,000 ordinary shares, par value $0.0001 (the "Ordinary Shares") that are subject to forfeiture to the extent the underwriters of the IPO exercise their over-allotment option.
Proem SPAC Partners I LLC By: /s/ Imran Khan Name: Imran Khan Title: Managing Member 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Proem SPAC Partners I LLC report in this Form 3 for PAACU?

Proem SPAC Partners I LLC reports initial beneficial ownership of 4,983,333 ordinary shares of Proem Acquisition Corp. I. These are founder shares issued in connection with the company’s IPO and reflect existing holdings rather than a new market purchase or sale.

How many Proem Acquisition Corp. I shares are subject to possible forfeiture?

The filing states that 650,000 ordinary shares held by Proem SPAC Partners I LLC are subject to forfeiture. This forfeiture could occur to the extent the IPO underwriters exercise their over-allotment option, potentially reducing the number of founder shares retained.

Is the Proem SPAC Partners I LLC Form 3 for PAACU a buy or sell transaction?

The Form 3 does not report a buy or sell; it discloses existing founder shares owned by Proem SPAC Partners I LLC. The transaction code is categorized as a holding, indicating initial reporting of beneficial ownership, not an open-market trade.

Why are founder shares mentioned in the Proem Acquisition Corp. I Form 3?

Founder shares are mentioned because the 4,983,333 ordinary shares reported are founder shares issued to Proem SPAC Partners I LLC in connection with the IPO. This clarifies the origin of the stake and links it to the company’s formation and listing process.

Who is the reporting person in the Proem Acquisition Corp. I (PAACU) Form 3?

The reporting person is Proem SPAC Partners I LLC, identified as a ten percent owner of Proem Acquisition Corp. I. It reports direct ownership of the ordinary shares, with no director or officer role indicated in the ownership data provided.

What is the significance of the ten percent owner status in this PAACU filing?

Proem SPAC Partners I LLC is identified as a ten percent owner, which triggers Section 16 reporting obligations. This status requires public disclosure of its initial holdings on Form 3, and future changes in ownership will generally be reported on subsequent Forms 4 or 5.