Paloma Acquisition Corp I closes IPO of 15M units at $10, raises $164.5M trust

PALOMA ACQUISITION CORP I

IPO of 15,000,000 units at $10.00 each generated $150M gross proceeds.
Underwriters partially exercised over-allotment: 1,450,000 additional units for $14.5M.
Private placement of 500,000 units to sponsor & underwriters (+29K additional) raised $5.29M.
Total trust account balance of $164.5M as of Feb 25, 2026.
Audited balance sheet shows $1.57M cash, $1.26M working capital, $4.74M shareholders' deficit.

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