The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 |
|---|---|
| Net loss | -1,043,819 |
| Operating costs applied to prepaid contributed by sponsor through promissory note | 479 |
| Payment of operation costs through promissory note | 13,347 |
| Interest earned on marketable securities held in trust account | 633,494 |
| Compensation expense | 1,451,125 |
| Change in fair value of over-allotment liability | -200 |
| Prepaid expenses | 158,229 |
| Long-term prepaid insurance | 79,963 |
| Accounts payable and accrued expenses | 81,845 |
| Net cash used in operating activities | -368,509 |
| Investment of cash in trust account | 164,500,000 |
| Net cash used in investing activities | -164,500,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 161,210,000 |
| Proceeds from sale of private placement units | 5,290,000 |
| Repayment of promissory note - related party | 116,814 |
| Payment of offering costs | 301,920 |
| Net cash provided by financing activities | 166,081,266 |
| Net change in cash | 1,212,757 |
| Cash - end of period | 1,212,757 |
PALOMA ACQUISITION CORP I (PALOW)
PALOMA ACQUISITION CORP I (PALOW)