The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 |
|---|---|
| Net income | 439,599 |
| General and administrative costs paid through promissory note related party | 9,880 |
| Interest earned on investments held in trust account | 546,763 |
| Change in fair value of overallotment liability | 121,300 |
| Prepaid expenses | 58,065 |
| Short term prepaid insurance | 270,000 |
| Long term prepaid insurance | 217,016 |
| Accounts payable and accrued expenses | 23,580 |
| Accrued offering costs | -3,906 |
| Net cash used in operating activities | -743,991 |
| Investment of cash into trust account | 130,000,000 |
| Net cash used in investing activities | -130,000,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 129,025,000 |
| Proceeds from sale of private units | 2,925,000 |
| Repayment of promissory note - related party | 152,579 |
| Payment of offering costs | 309,212 |
| Net cash provided by financing activities | 131,488,209 |
| Net change in cash | 744,218 |
| Cash end of period | 744,218 |
Proem Acquisition Corp. I (PAACW)
Proem Acquisition Corp. I (PAACW)