Proem SPAC Partners I LLC bought PAAC
February 13, 2026 · Form 4 insider transaction
Proem SPAC Partners I LLC bought 292,500 shares of Proem Acquisition Corp I, a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 19 days after the transaction.
Footnotes
Reflects the 292,500 private units owned by the Sponsor. Each private unit consists of one ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Placement Units Purchase Agreement, dated February 11, 2026, by and between the Sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $2,925,000.; Proem SPAC Partners I LLC, the Issuer's sponsor (the "Sponsor"), purchased 4,983,333 ordinary shares for $25,000. Among which, 650,000 ordinary shares are subject to forfeited depending on the extent to which the underwriters' over-allotment option is exercised.