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.
Proem Acquisition Corp I, a Cayman Islands-based blank check company, completed its initial public offering of 13,000,000 units at $10.00 per unit, raising gross proceeds of $130,000,000. Each unit includes one ordinary share and one-half of a redeemable warrant exercisable at $11.50 per share.
The company also sold 292,500 private units to its sponsor for $2,925,000, and deposited $130,000,000 into a trust account for the benefit of public shareholders. An additional $862,184 of cash and working capital of $944,420 remain outside the trust to fund operating costs while it seeks a business combination within 24 months.
Proem Acquisition Corp. I director Kazakov Andrey filed an initial ownership report showing an indirect interest in 25,000 ordinary shares. These shares are not held directly; they arise from his membership interests in the company’s sponsor, Proem SPAC Partners I LLC, as compensation for his director services.
Proem Acquisition Corp I ownership update: a Schedule 13G filed on behalf of Linden Capital L.P. and related entities reports beneficial ownership as of February 17, 2026. Linden Advisors and Siu Min (Joe) Wong each may be deemed beneficial owners of 1,000,000 Shares, representing approximately 7.5% of the class. Linden Capital and Linden GP LLC may be deemed beneficial owners of 959,894 Shares, representing approximately 7.2% of the class. The reported holdings consist of 959,894 Shares held by Linden Capital and 40,106 Shares held by one or more Managed Accounts. Voting and dispositive power is reported as shared for these amounts.
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.
Proem Acquisition Corp. I filed an initial ownership report for Chief Financial Officer Greg Pearson. This Form 3 establishes his status as a reporting insider under SEC rules. The data shown lists no buy, sell, acquisition, or disposition transactions, only his reporting relationship to the company.
Proem Acquisition Corp I, a Cayman Islands-based blank check company, completed its initial public offering of 13,000,000 units at $10.00 per unit, raising $130,000,000 in gross proceeds. Each unit includes one ordinary share and half of a redeemable warrant exercisable at $11.50 per share.
The company also sold 292,500 private units to its sponsor for $2,925,000 and issued 97,500 representative shares to Clear Street in private placements. About $130,000,000, including $4,550,000 of deferred underwriting commissions, was placed in a trust account for the benefit of public shareholders, to be used for a business combination or redemptions within 24 months of the IPO closing. Proem appointed four independent directors, constituted its audit and compensation committees, and adopted amended and restated governing documents in connection with going public.