Proem Acquisition Corp. I, trading its warrants under the ticker PAACW, is a blank-check company formed to identify and complete a business combination with a target in the financial services or technology sector. Sponsored by Proem Capital, the vehicle went public and has been conducting its search for a qualifying acquisition target. The company filed its annual report on Form 10-K with the SEC on March 26, 2026, reflecting its continued status as an active special purpose acquisition company. As of the filing date, no definitive business combination agreement had been publicly announced. Visit SpacDesk and sign up for full data, including deal timelines, SEC filing history, and sponsor profiles for Proem Acquisition Corp. I and hundreds of other active SPACs.