- CEO
- Josef Meir Valdman
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 6060 N. Central Express Way Dallas TX United States of America 75204
- IPO Date
- Jun 20, 2025
- Business
- Perimeter Acquisition Corp. I is a blank check company incorporated in the Cayman Islands and formed in 2025 to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting the defense, national security, aerospace, space, government services, and critical technology sectors in the U.S. and allied countries. The company offers redeemable warrants (PMTRW) exercisable at $11.50 per ordinary share, which trade separately from its ordinary shares (PMTR) and units (PMTRU) on the Nasdaq Global Market following the separation of units commencing June 20, 2025. Headquartered at 6060 N. Central Express Way, Suite 500, Dallas, Texas 75204, Perimeter Acquisition Corp. I is led by Executive Chairman Jordan Blashek, CEO Josef Valdman, and a board with expertise in national security, public markets, and industrials.
In May 2025, the company completed an upsized initial public offering of 24.15 million units at $10.00 each, raising gross proceeds of $241.5 million underwritten by Citigroup, with units beginning trading on May 13, 2025, and an over-allotment option exercised. As of Q3 2025, it holds approximately $245.37 million in trust assets, generating interest income amid no operational revenue, while disclosing going concern risks tied to completing a business combination within 24 months of IPO closing. No business combination target has been announced or consummated as of late 2025.