Paloma Acquisition Corp I(NASDAQ) PALO

Paloma Acquisition Corp I helps private companies join the stock market. It searches for a business to buy or merge with. This makes it easier for companies to become public.

The Search for a Partner

• Business Combinations: Identifying a target entity for a merger, share exchange, or asset acquisition.
• Trust Account Management: Holding proceeds from the initial public offering in U.S. Treasury Bills to fund a future deal.
• Due Diligence Activities: Researching and negotiating with potential target businesses for an eventual combination.

Milestones Since Launch

• Consummated an initial public offering of 15,000,000 units on Feb. 20, 2026.
• Sold 500,000 private placement units to its sponsor and underwriters in Feb. 2026.
• Executed a partial over-allotment option for 1,450,000 additional units on Feb. 25, 2026.

Building the Foundation

Paloma identifies target businesses that can benefit from its management team's expertise. It uses interest income from its trust account to help cover the costs of being a public company.

A Look at the Numbers

• Net income was $1,250,877 for the three months ended June 30, 2026.
• Marketable securities held in the trust account totaled $166,594,389 as of June 30, 2026.
• Interest income from the trust account reached $2,094,389 for the six months ended June 30, 2026.
• Operating costs were $486,006 for the six-month period ended June 30, 2026.
• Cash available outside the trust account was $1,126,887 as of June 30, 2026.

Bottom Line

Paloma functions as a blank check company with no current commercial operations. It uses its capital and management expertise to identify a viable private company for a future business combination.