Paloma Acquisition Enables Separate Trading of Shares and Warrants Starting April 13
Paloma Acquisition Corp I will allow holders to separate its IPO units into Class A ordinary shares and warrants from April 13, 2026. Separated shares will trade under PALO and warrants under PALOW on Nasdaq, while unsplit units remain on PALOU.
1. Trading Separation Details
Starting April 13, 2026, holders of Paloma Acquisition Corp I’s IPO units may elect to split their units into Class A ordinary shares and warrants. Brokers must contact the company’s transfer agent, Efficiency INC., to process the separation.
2. Trading Symbols
Following separation, Class A shares will trade on the Nasdaq Global Market under PALO and warrants under PALOW. Units that remain intact will continue trading under PALOU.
3. Separation Process
Holders should instruct their brokers to coordinate with Efficiency INC., the transfer agent, for unit conversion. Unconverted units retain their original rights and trading symbol.
4. SPAC Focus and Leadership
The company seeks business combinations in mining and precious metals, emphasizing gold, silver, and critical minerals across North America, Australia, and New Zealand. The leadership team includes CEO Anna Nahajski, CFO Peter Preston, and independent directors James Askew, Richard Munson and Effie Simanikas.