Proem Acquisition (PAACU) sponsor acquires 292,500 private units and warrants

Rhea-AI Filing Summary

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.

Insider Trade Summary

2 transactions reported

Net Buy 2 txns

Insider Khan Imran

Role Chief Executive Officer

Bought 438,750 shs ($0.00)

Type	Security	Shares	Price	Value
Purchase	Warrants to purchase Ordinary Shares	146,250	$0.00	--
Purchase	Ordinary Shares	292,500	$0.00	--

Holdings After Transaction: Warrants to purchase Ordinary Shares — 146,573 shares (Indirect, See Footnote); Ordinary Shares — 4,625,833 shares (Indirect, See Footnote)

Footnotes (1)

1. Proem SPAC Partners I LLC, the Issuer's sponsor (the "Sponsor"), purchased 4,983,333 ordinary shares for $25,000. Among which, 650,000 ordinary shares are subject to forfeited depending on the extent to which the underwriters' over-allotment option is exercised. Imran Khan is the managing member of the Sponsor and has voting and dispositive power over the shares owned by the Sponsor. Mr. Khan disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly Reflects the 292,500 private units owned by the Sponsor. Each private unit consists of one ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Placement Units Purchase Agreement, dated February 11, 2026, by and between the Sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $2,925,000. The warrants included in the private units will become exercisable on the later of (i) the completion of the Issuer's initial business combination, or (ii) February 11, 2027 (12 months after the Issuer's registration statement has been declared effective by the Securities and Exchange Commission), and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Khan Imran

(Last) (First) (Middle)

C/O PROEM ACQUISITION CORP I

3860 W. NORTHWEST HWY, SUITE 470

(Street)

DALLAS TX 75220

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Proem Acquisition Corp. I [ PAAC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	02/13/2026		P		292,500	A	(2)	4,625,833(1)	I	See Footnote(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants to purchase Ordinary Shares	$11.5	02/13/2026		P		146,250		(3)	(3)	Ordinary Shares	146,250	(2)	146,573	I	See Footnote(1)

Explanation of Responses:

1. Proem SPAC Partners I LLC, the Issuer's sponsor (the "Sponsor"), purchased 4,983,333 ordinary shares for $25,000. Among which, 650,000 ordinary shares are subject to forfeited depending on the extent to which the underwriters' over-allotment option is exercised. Imran Khan is the managing member of the Sponsor and has voting and dispositive power over the shares owned by the Sponsor. Mr. Khan disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly

2. Reflects the 292,500 private units owned by the Sponsor. Each private unit consists of one ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Placement Units Purchase Agreement, dated February 11, 2026, by and between the Sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $2,925,000.

3. The warrants included in the private units will become exercisable on the later of (i) the completion of the Issuer's initial business combination, or (ii) February 11, 2027 (12 months after the Issuer's registration statement has been declared effective by the Securities and Exchange Commission), and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.

	/s/ Imran Khan	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does the Proem Acquisition Corp. I (PAACU) Form 4 report for Imran Khan?

The Form 4 reports indirect purchases by sponsor Proem SPAC Partners I LLC associated with Imran Khan. It shows acquisitions of 4,983,333 ordinary shares for $25,000 and 292,500 private units for $2,925,000, with Khan disclaiming beneficial ownership beyond any pecuniary interest.

How many private units did the Proem Acquisition sponsor buy and at what price?

The sponsor purchased 292,500 private units at $10.00 per unit, totaling $2,925,000. Each private unit includes one ordinary share and one-half of one redeemable warrant, so this purchase represents 292,500 ordinary shares and 146,250 whole warrants linked to Proem Acquisition Corp. I.

What are the key terms of the Proem Acquisition (PAACU) private placement warrants?

Each whole warrant allows the holder to buy one ordinary share at $11.50 per share, subject to adjustment. The warrants become exercisable on the later of completion of the initial business combination or February 11, 2027, and expire five years after that business combination or earlier upon redemption or liquidation.

How many ordinary shares did Proem SPAC Partners I LLC purchase and on what conditions?

The sponsor purchased 4,983,333 ordinary shares for $25,000. Of these, 650,000 shares are subject to forfeiture depending on how much of the underwriters’ over-allotment option is exercised, meaning the final number of retained shares can be reduced if that option is not fully exercised.

What is Imran Khan’s relationship to the Proem Acquisition sponsor and reported securities?

Imran Khan is the managing member of Proem SPAC Partners I LLC, giving him voting and dispositive power over its shares. However, he formally disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest he may have in the sponsor’s holdings.

When were the Proem Acquisition (PAACU) private units purchased and under what agreement?

The 292,500 private units were purchased pursuant to a Private Placement Units Purchase Agreement dated February 11, 2026 between the sponsor and the issuer. The units were acquired at $10.00 per unit, resulting in an aggregate purchase price of $2,925,000 for the sponsor.