---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-019201"
form_type: "8-K"
ticker: "PALO"
cik: "0002101562"
company_name: "PALOMA ACQUISITION CORP I"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:56:32.881679+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Paloma Acquisition Corp I completes $150M IPO; units trade on Nasdaq

## Summary
- IPO of 15M units at $10/unit for gross proceeds of $150M; units (PALOU) began trading Feb. 19, 2026.
- Each unit consists of one Class A ordinary share and one-half warrant (exercise price $11.50).
- Simultaneous private placement of 500K units at $10/unit to sponsor and Jefferies raised $5M.
- Net proceeds of $150M placed in trust; SPAC has 24 months to complete initial business combination.
- Management to focus on minerals sector (gold and silver) in the U.S. for a business combination.

## SEC filing metadata
- accession: 0001104659-26-019201
- form_type: 8-K
- ticker: PALO
- cik: 0002101562
- company_name: PALOMA ACQUISITION CORP I
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2101562/000110465926019201/0001104659-26-019201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2101562/000110465926019201/tm2533428d16_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-019201
- JSON: https://secwatch.observer/filing/0001104659-26-019201.json
- Plain text: https://secwatch.observer/filing/0001104659-26-019201.txt

## Source-grounded claims
- claim_id: 68b25f48340b0ff54a310e63e417db9049b93c34
  claim: PALOMA ACQUISITION CORP I: Amended and restated memorandum and articles of association effective on February 18, 2026 in connection with IPO (effective 2026-02-18).
  evidence_excerpt: On February 18, 2026, in connection with the IPO, the Company filed its amended and restated memorandum and articles of association (the “ Amended and Restated Memorandum and Articles of Association ”) with the Cayman Islands Registrar of Companies, which was effective on February 18, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2101562/000110465926019201/0001104659-26-019201-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.