secwatch.observer — SEC 8-K summary
======================================

Issuer:     Proem Acquisition Corp. I (PAAC)
CIK:        0002087446
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001213900-26-018851
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Proem Acquisition Corp I closes $130M IPO and private placement on Feb 13, 2026
-------------------------------------------------------------------------------

- Sold 13M units at $10.00 each, gross proceeds $130M.
- Private placement of 292,500 units to sponsor at $10.00/unit, gross $2.925M.
- $130M deposited into trust account, $862k cash outside.
- Audited balance sheet shows $131.4M total assets, $130M redeemable shares.
- Has 24 months to complete initial business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2087446/000121390026018851/0001213900-26-018851-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2087446/000121390026018851/ea0277445-8k_proem1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-018851

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