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.
Proficient Alpha Acquisition Corp. is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on July 27, 2018 and is headquartered in New York, NY.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.