secwatch.observer — SEC 8-K summary
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Issuer:     Proem Acquisition Corp. I (PAAC)
CIK:        0002087446
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001213900-26-016812
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Proem Acquisition Corp I closes $130M IPO; trades on Nasdaq under PAACU
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- 13,000,000 units sold at $10.00 each, gross proceeds $130M.
- Each unit: one ordinary share and one-half warrant (exercise price $11.50).
- Private placement: 292,500 private units to sponsor for $2.925M; 97,500 representative shares to Clear Street.
- Four independent directors appointed: John Wu, David Eckstein, Amarnath Thombre, Andrey Kazakov.
- Trust account funded with $130M; 24-month window for initial business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2087446/000121390026016812/0001213900-26-016812-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2087446/000121390026016812/ea0277151-8k_proem1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-016812

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer