Proem Acquisition Corp. I (PAACW) Stock: Why It's Down Today
Updated Oct 20, 2026, 4:00 PM ET · closing price
- Closed at $0.47, -6.91% vs the prior close of $0.50.
- Volume 11.40K shares, 4.0x its 50-day average (heavy).
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
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PAACW slides 6.9% to $0.47 on 4.0x normal volume. Closed at $0.47, -6.91% vs the prior close of $0.50. Day range $0.47–$0.54, opened at $0.54.
PAACW daily analysis — what happened
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Newest first; older days stay archived below.
Oct 20, 2026 — PAACW slides 6.9% to $0.47 on 4.0x normal volume
- Closed at $0.47, -6.91% vs the prior close of $0.50. Day range $0.47–$0.54, opened at $0.54.
- Volume was 11.40K shares, 4.0x its 50-day average of 2.83K — unusually heavy trading.
- 52-week range $0.47–$0.54; today's close sits at 0% of that range, 12.1% below the 52-week high.
PAACW bull case vs bear case (from the data)
- Insiders made 8 open-market purchases in the last 12 months.
- High volatility: average daily move of 6.9% over 20 sessions.
- Thin trading (under $2M a day on average) can mean wide bid/ask spreads.
PAACW latest news & SEC filings
Every SEC filing by or about PAACW in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Sep 28, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 1.01 — Signed a material agreement.
- Item 3.02 — Sold unregistered shares.
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Aug 11, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Net income: $987.92K
Things to know before you trade PAACW
- How much it moves: over the last 20 sessions the average daily move was 6.91% (largest 6.9%). That is a volatile stock.
- Liquidity: about 7.12K shares (≈$3.35K) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $0.47 vs a range of $0.47–$0.54 (0% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 8 open-market buys, 0 sales; latest: Imran Khan bought 292,500 shares on Feb 13, 2026.
- Latest filings: 8-K Sep 28, 2026; 10-Q Aug 11, 2026; 10-Q May 15, 2026.
- Listing: Nasdaq · industry: Blank Checks.
PAACW market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 20, 2026 | 0.54 | 0.54 | 0.47 | 0.47 | 11.40K |
| Oct 16, 2026 | 0.47 | 0.50 | 0.50 | 0.50 | 2.83K |
About Proem Acquisition Corp. I
Proem Acquisition Corp. I (PAACW) is listed on the Nasdaq and classified by the SEC under “Blank Checks”. Its business address is in DALLAS, TX. State of incorporation: Cayman Islands. Fiscal year ends December 31. SEC CIK 2087446.
PAACW board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| David Eckstein | Director | Feb 24, 2026 |
| Andrey Kazakov | Director | Feb 19, 2026 |
| Imran Khan | Chief Executive Officer | Mar 4, 2026 |
| Amarnath Thombre | Director | Feb 17, 2026 |
| John Wu | Director | Feb 18, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Imran Khan | Chief Executive Officer | Mar 4, 2026 |
| Greg Pearson | Chief Financial Officer | Feb 17, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Feb 13, 2026 | Imran Khan | Buy | 292,500 | — |
| Feb 13, 2026 | Imran Khan | Buy | 292,500 | — |
| Feb 13, 2026 | Imran Khan | Buy | 292,500 | — |
| Feb 13, 2026 | Imran Khan | Buy | 292,500 | — |
| Feb 13, 2026 | Spac Partners I Llc Proem | Buy | 292,500 | — |
| Feb 13, 2026 | Spac Partners I Llc Proem | Buy | 292,500 | — |
| Feb 13, 2026 | Spac Partners I Llc Proem | Buy | 292,500 | — |
| Feb 13, 2026 | Spac Partners I Llc Proem | Buy | 292,500 | — |
PAACW financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| No annual XBRL figures available (foreign filers often report on Form 20-F). | ||||
Latest balance sheet: total assets $132.80M, total liabilities $4.64M, cash $— (as of Jun 30, 2026).
PAACW earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| No 8-K earnings releases in recent filings. | ||
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 20, 2026, 4:00 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.