A Form 4 filed on November 3, 2026 discloses that Imran Khan, Chief Executive Officer and Director of Proem Acquisition Corp. I (NASDAQ:PAAC), reported an open-market purchase of 2,000 ordinary shares on November 2, 2026 at a price of $10.30 per share.

Key Highlights

  • Reporting person: Imran Khan, serving as Chief Executive Officer, Director, and 10% Owner of Proem Acquisition Corp. I
  • Transaction: Purchase (transaction code P) of 2,000 ordinary shares on November 2, 2026
  • Price paid: $10.30 per share
  • Beneficial ownership following transaction: 4,627,833 ordinary shares held indirectly
  • Purchasing entity: Proem Investments Master Fund LP, an open-market buyer of the shares
  • Beneficial ownership disclaimed: Khan disclaims beneficial ownership of shares held by the Fund except to the extent of his pecuniary interest therein, according to the filing

Proem Acquisition Corp. I: CEO Khan Reports Indirect Open-Market Purchase via Fund

According to the Form 4 filing submitted on November 3, 2026, the shares were purchased in the open market on November 2, 2026 by Proem Investments Master Fund LP, identified in the filing as "the Fund." The filing states that Proem GP LP is the general partner of the Fund and that Proem Advisors LLC is the investment adviser of the Fund. Imran Khan is described as the managing member of each of Proem GP LP and Proem Advisors LLC.

As a result of those management roles, the filing notes that Khan "may be deemed to beneficially own the shares held by the Fund." Following the reported transaction, the total amount of ordinary shares beneficially owned by Khan on an indirect basis is listed as 4,627,833, with the nature of indirect beneficial ownership attributed to his role as described in footnote 1 of the filing. The ownership form is listed as indirect (I).

The filing further states that "Mr. Khan disclaims beneficial ownership of the shares held by the Fund except to the extent of his pecuniary interest therein." No derivative securities transactions were reported in Table II of the filing. The filing was signed by Imran Khan and dated November 3, 2026.

What Was Disclosed

The filing reports an open-market purchase of 2,000 ordinary shares of Proem Acquisition Corp. I at $10.30 per share on November 2, 2026, made through Proem Investments Master Fund LP, with Imran Khan reporting 4,627,833 indirectly held shares following the transaction.