secwatch.observer — SEC 8-K summary
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Issuer:     PALOMA ACQUISITION CORP I (PALO)
CIK:        0002101562
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001104659-26-021704
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2101562/000110465926021704/0001104659-26-021704-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2101562/000110465926021704/tm267405d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-021704

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