- CEO
- Josef Meir Valdman
- Full Time Employees
- 4
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 6060 N. Central Express Way Dallas TX United States of America 75204
- IPO Date
- May 13, 2025
- Business
- Perimeter Acquisition Corp. I (PMTRU) is a blank check company incorporated in the Cayman Islands and focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting companies in the defense and national security sectors in the U.S. or countries allied with the U.S.; it also evaluates opportunities in technology at the convergence of defense, technology, and national security. The company offers no current products or services beyond its special purpose acquisition structure, consisting of units comprising one Class A ordinary share and one-half of one redeemable warrant, with shares and warrants commencing separate trading on or about June 20, 2025. Headquartered at 6060 N. Central Expressway, Suite 500, Dallas, Texas, Perimeter Acquisition Corp. I was founded in 2025 and is led by Executive Chairman Jordan Blashek of America's Frontier Fund, CEO Josef Valdman of Slate Hill Partners, and Chief Investment Officer Todd Lemkin, formerly of Canyon Capital Advisors, with a board including Vice Admiral Sean Pybus (retired), Scott Letier, Jack Selby, Scott Faris, and Rich Berthy. In recent developments, the company completed an upsized initial public offering of 24.15 million units at $10.00 each in May 2025, raising $241.5 million with Citigroup as sole book-running manager, up from an initial target of $150 million; it priced the IPO at $210 million on May 12, 2025, after increasing from 17.5 million units, and has generated no revenues to date as it searches for a target. The sponsor entity is managed by its leadership team, positioning it to drive value creation post-combination in high-growth areas critical to American industrial strength, defense, and national security.