Paloma Acquisition Corp I PALOU

Paloma Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company has not engaged in any operations to date and does not generate any operating revenues. Its activities have been limited to organizational efforts, preparing for its initial public offering, and identifying a target company for a business combination. Paloma Acquisition Corp I was incorporated in the Cayman Islands on August 19, 2025.

Paloma Acquisition Corp I generates no operating revenue. The company derives non-operating income solely from interest earned on marketable securities held in its trust account, which consists of U. S. Treasury Bills with maturities of 185 days or less. As of March 31, 2026, the trust account held $165,133,494 in marketable securities, including approximately $633,494 of interest income. The company intends to use substantially all funds held in the trust account, including interest earned (less any taxes payable), to complete its business combination.

The company operates through the following segments:

• No segments reported: Paloma Acquisition Corp I has not identified or acquired any target business and therefore does not have operational segments. As a blank check company, its activities are limited to seeking a business combination target, and no operational segments exist prior to the completion of such a combination.

Paloma Acquisition Corp I operates in the blank check or special purpose acquisition company (SPAC) industry, which is characterized by entities formed to raise capital through an initial public offering for the purpose of acquiring an existing company. The company faces competition from numerous other SPACs seeking to complete business combinations, particularly those targeting similar industries or geographic regions. Its competitive position depends on the expertise of its management team, the amount of capital available in its trust account, and its ability to identify and execute a successful business combination.

Paloma Acquisition Corp I does not have a customer base, as it has not yet completed a business combination and generates no operating revenue. The company serves no customers in its current form, as it is solely focused on identifying and acquiring a target business. Any future customer base will depend entirely on the nature of the business acquired upon completion of its business combination.