Linden Advisors 13F: New $9.9M Stake in PAAC
Linden Advisors has initiated a new position in Proem Acquisition Corp I, picking up 1,000,000 shares valued at approximately $9.94 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Linden Advisors opened a new position of 1,000,000 shares in Proem Acquisition Corp I ($PAAC), according to a 13F filing with the SEC dated May 15, 2026. It reported 1,000,000 shares worth $9.94 million at the end of the quarter.
Since the filing, $PAAC is up 0.0% after 1 week, up 0.6% after 1 month and up 1.0% to date (from the $9.91 close on May 15, 2026).
PAAC
Proem Acquisition Corp I
Key Points
- Linden Advisors opened a new position in Proem Acquisition Corp I, acquiring 1,000,000 shares.
- The newly reported stake carries an estimated value of about $9.94 million based on recent market pricing.
- The filing reflects portfolio holdings as of the reporting period and may not represent current positioning.
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Linden Advisors Establishes Position in Proem Acquisition Corp I
Linden Advisors has opened a brand new position in Proem Acquisition Corp I, acquiring 1,000,000 shares of the company. According to a Form 13F filing submitted to the U.S. Securities and Exchange Commission, the newly initiated stake was valued at approximately $9.94 million at the time of the report. Because 13F filings look backward at holdings from the close of a specific quarter, this position might not reflect the fund's current holdings today.
Proem Acquisition Corp I Stock Performance
Shares of Proem Acquisition Corp I traded around $9.94 on Sunday, sitting near the middle of its 52-week range of $9.83 to $10.15. The stock's current price tracks closely with its 200-day moving average of $9.95, while sitting just below its 50-day moving average of $10.01. The company carries a market capitalization of $178.65 million.
About Proem Acquisition Corp I
Proem Acquisition Corp I operates as a blank check company based in Dallas, Texas. Formed in 2025, the firm does not have active commercial operations yet. Instead, its primary focus is on completing a merger, asset acquisition, stock purchase, or similar business combination with one or more operating businesses.
Looking Ahead at Fund Disclosures
Investors tracking institutional fund activity should keep in mind that quarterly 13F disclosures offer only a snapshot in time. These regulatory reports do not capture intraday trading or more recent shifts in portfolio strategy. Future filings from Linden Advisors will show whether the fund continues to build out its holdings in the financial services sector.
Related Filing Alerts
Source: Linden Advisors's 13F filing on $PAAC (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Linden Advisors 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts