Paloma Acquisition Corp I Announces Pricing of \$150 Million Initial Public Offering

Date: February 18, 2026

Location: New York, NY

Key Highlights from the Announcement

• IPO Size and Structure: Paloma Acquisition Corp I, a newly formed blank check company, has announced the pricing of its initial public offering (IPO) at \$150 million. This will involve the offering of 15,000,000 units at a price of \$10.00 per unit.
• Unit Composition: Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant allows the holder to purchase one Class A ordinary share at a price of \$11.50 per share, subject to adjustments.
• Listing Details: The units will commence trading on the Nasdaq Global Market under the ticker symbol “PALOU” starting February 19, 2026. After the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed under the symbols “PALO” and “PALOW“, respectively.
• Closing Date: The offering is expected to close on February 20, 2026, subject to customary closing conditions.
• Over-Allotment Option: The underwriters, led by Jefferies LLC as sole book-running manager, have a 45-day option to purchase up to an additional 2,250,000 units to cover over-allotments at the IPO price.

Business Focus and Strategy

• While Paloma Acquisition Corp I is open to pursuing a business combination in any sector, the management team intends to capitalize on their expertise in identifying, acquiring, and operating businesses within the minerals sector, with a particular focus on gold and silver opportunities in the United States.

Important Information for Shareholders

• Risk Factors: The company has emphasized that there is no assurance the IPO will be completed as described, or at all. Furthermore, there is no guarantee that a business combination will ultimately occur.
• Shareholder Value Implications: The successful completion of the IPO and any subsequent acquisition in the gold and silver sector could significantly affect share value, making this event potentially price sensitive. Investors should closely monitor developments, especially regarding the company’s future business combination targets.
• Legal Notices: The securities will not be sold nor offers accepted in any state or jurisdiction where such actions would be unlawful before proper registration or qualification under applicable securities laws.

Investor Action Items

• Prospectus copies are available from Jefferies LLC, Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, via phone at 877-821-7388 or email at [email protected].
• Further details and risk factors are available in the company’s registration statement and preliminary prospectus, filed with the U.S. Securities and Exchange Commission at www.sec.gov.
• For direct inquiries, contact Anna Nahajski-Staples at [email protected].

Forward-Looking Statements and Caution

This press release contains forward-looking statements, particularly regarding the proposed IPO and the use of proceeds. Many factors, including those outside the company’s control and detailed in the risk factors section of the SEC filings, may affect actual outcomes. The company undertakes no obligation to update these statements, except as required by law.

Disclaimer: This article is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy any securities. Investors should refer to official filings and consult their financial advisors before making investment decisions. The completion of the IPO and any business combination is subject to risks and uncertainties.

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