PMTR

Perimeter Acquisition Corp. I operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is headquartered in Palo Alto, California. Perimeter Acquisition Corp. I raised $200 million in its initial public offering, with units priced at $10.00 each. The SPAC is sponsored by Perimeter Capital Partners and led by experienced technology and business professionals focused on identifying target companies in the technology and technology-enabled sectors. The company's management team brings expertise from enterprise software, fintech, cybersecurity, and digital infrastructure industries. Perimeter Acquisition Corp. I has an 18-month initial business combination period from the closing of its IPO, with possible extensions, to complete a transaction. The company targets businesses with enterprise values between $500 million and $2 billion that demonstrate strong growth potential, scalable business models, and defensible market positions. As a blank-check company, Perimeter Acquisition Corp. I generates no operating revenues until it successfully completes a business combination with a private operating company, which would then become publicly traded through the merger.