Form 4 • Statement of Changes in Beneficial Ownership
Type
Neutral
Net shares
+292,500
% of shares
6.75%
Amount (USD)
$0
Insider confidence score
85.0 out of 100
Positive
Negative
Security
Ordinary Shares
Action
Buy
Date
2026-02-13
Code
P
Net shares
+292,500.0
Acquired/Disposed
Acquired
Shares Owned Before
4,333,333.0
Shares Owned After
4,625,833.0
Security
Warrants to purchase Ordinary Shares
Action
Buy
Date
2026-02-13
Code
P
Net shares
+146,250.0
Acquired/Disposed
Acquired
Shares Owned Before
323.0
Shares Owned After
146,573.0
1. Proem SPAC Partners I LLC, the Issuer's sponsor (the "Sponsor"), purchased 4,983,333 ordinary shares for $25,000. Among which, 650,000 ordinary shares are subject to forfeited depending on the extent to which the underwriters' over-allotment option is exercised.
2. Reflects the 292,500 private units owned by the Sponsor. Each private unit consists of one ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Placement Units Purchase Agreement, dated February 11, 2026, by and between the Sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $2,925,000.
3. The warrants included in the private units will become exercisable on the later of (i) the completion of the Issuer's initial business combination, or (ii) February 11, 2027 (12 months after the Issuer's registration statement has been declared effective by the Securities and Exchange Commission), and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.