Proof Acquisition I Corp

Proof Acquisition I Corp

Proof Acquisition I Corp (SOAR) is a special purpose acquisition company (SPAC) listed to raise capital and find a private operating business to merge with. With a market capitalisation of around $12.79M, it is relatively small and may have limited liquidity. SPACs typically hold cash in trust while seeking a target within a defined timeframe; if no deal is completed investors may be able to redeem shares but could still face losses. Key considerations include sponsor terms, potential dilution from founder shares and warrants, the quality and valuation of any announced target, and regulatory or market conditions that affect deal approval. For investors, SOAR represents a speculative, event-driven exposure: returns depend heavily on whether a suitable merger is announced and on the terms of that transaction. This summary is educational only and not personal investment advice. Consider your risk tolerance and consult a financial professional before investing.

Stock Performance Snapshot

Average

Financial Health

Proof Acquisition I Corp is generating decent revenue and cash flow, but overall performance is moderate.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

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SPAC search phase

SOAR is seeking a merger target β€” potential upside depends on the quality and valuation of any announced deal, though outcomes are uncertain.

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Dilution & terms

Founder shares, warrants and PIPE commitments can dilute returns; check deal economics and sponsor incentives before drawing conclusions.

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Event-driven outcomes

Value hinges on a successful combination and market reception; if no deal occurs or terms are poor, investors can face losses.

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Frequently asked questions