For the quarter ending 2026-03-31, PAACW has $131,839,762 in assets. $4,663,460 in debts.
| Balance Sheets | 2026-03-31 | |||
|---|---|---|---|---|
| Cash | 744,218 | |||
| Prepaid expenses | 61,765 | |||
| Short term prepaid insurance | 270,000 | |||
| Total current assets | 1,075,983 | |||
| Long term prepaid insurance | 217,016 | |||
| Investments held in trust account | 130,546,763 | |||
| Total assets | 131,839,762 | |||
| Accounts payable and accrued expenses | 38,460 | |||
| Accrued offering costs | 75,000 | |||
| Total current liabilities | 113,460 | |||
| Deferred underwriting fee payable | 4,550,000 | |||
| Total liabilities | 4,663,460 | |||
| Ordinary shares subject to possible redemption, 0.0001 par value 13,000,000 and no shares at redemption value of 10.04 and 0 per share at march 31, 2026 and december 31, 2025, respectively | 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 no shares subject to possible redemption) at march 31, 2026 and december 31, 2025, respectively | 472 | |||
| Accumulated deficit | -3,370,933 | |||
| Total shareholders deficit | -3,370,461 | |||
| Total liabilities, ordinary shares subject to possible redemption and shareholders deficit | 131,839,762 | |||
Proem Acquisition Corp. I (PAACW)
Proem Acquisition Corp. I (PAACW)