Paloma Acquisition I ^{Filed Terms, Nasdaq: PALOU}

We are a newly organized blank check company incorporated as a Cayman Islands exempted company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination target in any industry or geographic region, we intend to focus on a target in industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business, focusing primarily on businesses with gold and silver assets in North America. We intend to focus on combining with a business with a strong market position and a clear path to long-term value creation. Our focus will include, but not be limited to, companies operating or developing assets in precious metal sectors, including but not limited to gold and silver in the United States. We believe these sectors offer attractive fundamentals, including recurring revenue models, high barriers to entry, and favorable macroeconomic tailwinds.