Proem Acquisition Corp I (PAACU) opens separate trading for shares and warrants

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Proem Acquisition Corp I is allowing holders of its units to begin separately trading the underlying ordinary shares and warrants, starting on or about April 6, 2026. Each unit consists of one ordinary share and one-half of one redeemable warrant, and each whole warrant allows the purchase of one ordinary share at $11.50 per share, subject to adjustment.

Units will continue to trade on Nasdaq under the symbol PAACU, while separated ordinary shares and warrants will trade under PAAC and PAACW, respectively. Holders must have their brokers contact Continental Stock Transfer & Trust Company to complete the separation.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Warrant exercise price: $11.50 per share Separate trading start date: April 6, 2026 Unit composition: 1 share + 0.5 warrant +1 more

4 metrics

Warrant exercise price $11.50 per share Each whole redeemable warrant to buy one ordinary share

Separate trading start date April 6, 2026 Date from which ordinary shares and warrants may trade separately

Unit composition 1 share + 0.5 warrant Each unit includes one ordinary share and one-half of one redeemable warrant

S-1 effectiveness date February 11, 2026 Form S-1 registration statement declared effective

Key Terms

redeemable warrant, initial public offering, registration statement on Form S-1, blank check company, +1 more

5 terms

redeemable warrant financial

"one-half of one redeemable warrant, with each whole warrant entitling"

A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.

initial public offering financial

"holders of the units sold in the Company’s initial public offering may elect"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

registration statement on Form S-1 regulatory

"A registration statement on Form S-1 (333-292217) relating to these securities"

A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.

blank check company financial

"Proem Acquisition Corp I is a blank check company incorporated as a Cayman Islands exempted company"

A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.

forward-looking statements regulatory

"This press release includes forward-looking statements that involve risks and uncertainties."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Understanding 8-K Material Events →

04/02/2026 - 08:01 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

April 2, 2026

Date of Report (Date of earliest event reported)

Proem Acquisition Corp I

(Exact name of Registrant as specified in its charter)

Cayman Islands		001-43123		N/A
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

3860 W. Northwest Hwy, Suite 470,

Dallas, TX

75220

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (214) 706-9344

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Units, each consisting of one ordinary share and one-half of one redeemable warrant	PAACU	The Nasdaq Stock Market LLC
ordinary shares, par value $0.0001 per share	PAAC	The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one ordinary share	PAACW	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On April 2, 2026, Proem Acquisition Corp I (the “Company”) announced that, on or about April 6, 2026, the holders of the Company’s units (the “Units”) may elect to separately trade the ordinary shares and warrants included in the Units. Each 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. Any Units not separated will continue to trade on the Nasdaq Global Market (“Nasdaq”) under the symbol “PAACU.” Any underlying ordinary shares and warrants that are separated will trade on Nasdaq under the symbols “PAAC” and “PAACW,” respectively. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the holders’ Units into ordinary shares and warrants.

A copy of the press release issued by the Company announcing the separate trading of the securities underlying the Units is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.		Description
99.1		Press Release dated April 2, 2025
104		The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: April 2, 2026

	Proem Acquisition Corp I

	By:	/s/ Imran Khan
	Name:	Imran Khan
	Title:	Chief Executive Officer

Exhibit 99.1

Proem Acquisition Corp I

Announces the Separate Trading of its Ordinary Shares and Warrants

Commencing April 6, 2026

Dallas, Texas, United States, April 02, 2026 (GLOBE NEWSWIRE) -- Proem Acquisition Corp I (the “Company”), today announced that, commencing on April 6, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s ordinary shares and warrants included in the units.

No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The ordinary shares and warrants that are separated will trade on The Nasdaq Global Market under the symbols “PAAC” and “PAACW,” respectively. Those units not separated will continue to trade on The Nasdaq Global Market under the symbol “PAACU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and warrants.

The offering of the units was made only by means of a prospectus. Copies of the prospectus may be obtained from Clear Street LLC, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, by email at ecm@clearstreet.io. A registration statement on Form S-1 (333-292217) relating to these securities has been filed with the Securities and Exchange Commission (“SEC”) and was declared effective on February 11, 2026. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Proem Acquisition Corp I

Proem Acquisition Corp I is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with the Company. The Company’s management team is led by Imran Khan, the Chief Executive Officer and Chairman of the Board, and Greg Pearson, the Chief Financial Officer. In addition, the Board includes John Wu, David Eckstein, Amarnath Thombre, and Andrey Kazakov.

Cautionary Note Concerning Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the registration statement and the prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.

Contacts:

Greg Pearson

Chief Financial Officer

(214) 706-9344

Source: View Original Filing on SEC EDGAR

FAQ

What did Proem Acquisition Corp I (PAACU) announce in this 8-K?

Proem Acquisition Corp I announced that holders of its units can begin separately trading the underlying ordinary shares and warrants starting April 6, 2026. Units continue under PAACU, while separated shares and warrants trade under PAAC and PAACW on Nasdaq.

How are Proem Acquisition Corp I (PAACU) units structured?

Each Proem Acquisition Corp I unit consists of one ordinary share and one-half of one redeemable warrant. Every whole warrant entitles its holder to purchase one ordinary share at $11.50 per share, subject to adjustment, once the units are separated and trading individually.

When can PAACU unit holders start separate trading of shares and warrants?

Separate trading of Proem Acquisition Corp I’s ordinary shares and warrants is set to commence on or about April 6, 2026. From that date, investors may elect to split units, with ordinary shares trading as PAAC and warrants as PAACW on Nasdaq.

What trading symbols apply to Proem Acquisition Corp I’s securities?

Units of Proem Acquisition Corp I trade on Nasdaq under PAACU. After separation, ordinary shares will trade under PAAC and whole warrants under PAACW, while any units not split by holders will continue to trade using the PAACU ticker symbol.

How can PAACU unit holders separate their ordinary shares and warrants?

Holders must ask their brokers to contact Continental Stock Transfer & Trust Company, the company’s transfer agent, to separate units. Once processed, the ordinary shares and whole warrants will trade independently under PAAC and PAACW on The Nasdaq Global Market.

What is the exercise price of Proem Acquisition Corp I warrants?

Each whole redeemable warrant of Proem Acquisition Corp I entitles the holder to buy one ordinary share at $11.50 per share. This exercise price may be subject to adjustment under the warrant terms described in the company’s registration statement and prospectus.

Filing Exhibits & Attachments

5 documents

Press Releases

EX-99.1 PRESS RELEASE DATED APRIL 2, 2025 7.0 KB

Proem Acquisition Corp I (PAACU) opens separate trading for shares and warrants

Rhea-AI Filing Summary

Positive