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Balance Sheets Overview

Current Ratio
1046.67%
Quick Ratio
1046.67%
Debt to Asset Ratio
3.49%
Unit: Dollar
Assets Breakdown
    • Assets held in trust account
    • Cash
    • Short-term prepaid insurance
    • Others
Liabilities Breakdown
    • Ordinary shares subject to possi...
    • Deferred underwriting fee payabl...
    • Accumulated deficit
    • Others

Balance Sheets
2026-06-30
2026-03-31
2025-12-31
Deferred offering costs
0 -120,414
Cash
636,353 744,218 -
Prepaid expenses
39,085 61,765 13,888
Short-term prepaid insurance
270,000 270,000 -
Total current assets
945,438 1,075,983 13,888
Long-term prepaid insurance
149,516 217,016 -
Assets held in trust account
131,709,599 130,546,763 -
Total assets
132,804,553 131,839,762 134,302
Accrued expenses
--14,880
Accounts payable and accrued expenses
15,328 38,460 -
Accrued offering costs
75,000 75,000 32,373
Promissory note - related party
--117,531
Total current liabilities
90,328 113,460 164,784
Deferred underwriting fee payable
4,550,000 4,550,000 -
Total liabilities
4,640,328 4,663,460 164,784
Ordinary shares subject to possible redemption, 0.0001 par value 13,000,000 and 0 shares at redemption value of 10.13 and 0 per share at june 30, 2026 and december 31, 2025, respectively
131,709,599 130,546,763 -
Ordinary shares, 0.0001 par value 200,000,000 shares authorized 4,723,333 and 4,983,333 shares issued and outstanding (excluding 13,000,000 and 0 shares subject to possible redemption) at june 30, 2026 and december 31, 2025, respectively
472 472 498
Additional paid-in capital
--24,502
Accumulated deficit
-3,545,846 -3,370,933 -55,482
Total shareholders deficit
-3,545,374 -3,370,461 -30,482
Total liabilities, ordinary shares subject to possible redemption and shareholders deficit
132,804,553 131,839,762 134,302
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$636,353 Short-term prepaidinsurance$270,000 Prepaid expenses$39,085 Assets held in trustaccount$131,709,599 Total current assets$945,438 Long-term prepaidinsurance$149,516 Total assets$132,804,553 Accumulated deficit-$3,545,846 Total liabilities,ordinary shares subject...$132,804,553 Total shareholdersdeficit-$3,545,374 Ordinary shares, 0.0001par value...$472 Ordinary shares subjectto possible...$131,709,599 Total liabilities$4,640,328 Deferred underwritingfee payable$4,550,000 Total currentliabilities$90,328 Accrued offering costs$75,000 Accounts payable andaccrued expenses$15,328

Proem Acquisition Corp. I (PAACU)

Proem Acquisition Corp. I (PAACU)