Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — Praetorian Acquisition Corp.

Accession: 0001213900-26-112505

Filed: 2026-10-26

Period: 2026-10-20

CIK: 0002093912

SIC: 6770 (BLANK CHECKS)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — ea0309468-8k_praetorian.htm (Primary)

EX-99.1 — PRESS RELEASE, DATED OCTOBER 26, 2026 (ea030946801ex99-1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0309468-8k_praetorian.htm · Sequence: 1

false

0002093912

00-0000000

0002093912

2026-10-20

2026-10-20

0002093912

PTORU:UnitsEachConsistingOfOneClassOrdinaryShareAndOnethirdOfOneRedeemableWarrantMember

2026-10-20

2026-10-20

0002093912

PTORU:ClassOrdinarySharesParValue0.0001PerShareMember

2026-10-20

2026-10-20

0002093912

PTORU:WarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember

2026-10-20

2026-10-20

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

PURSUANT

TO SECTION 13 OR 15(d)

OF

THE SECURITIES EXCHANGE ACT OF 1934

Date

of Report (Date of earliest event reported): October 20, 2026

Praetorian

Acquisition Corp.

(Exact

name of registrant as specified in its charter)

Cayman

Islands

001-43072

N/A

(State

or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS

Employer

Identification No.)

2

S Biscayne Blvd

PMB

1004 Suite #3200

Miami,

Florida 33131

(Address

of principal executive offices, including zip code)

Registrant’s

telephone number, including area code: (754) 217-7160

Not

Applicable

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written communications

pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Units,

each consisting of one Class A ordinary share and one-third of one redeemable warrant

PTORU

The

Nasdaq Stock Market LLC

Class

A ordinary shares, par value $0.0001 per share

PTOR

The

Nasdaq Stock Market LLC

Warrants,

each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share

PTORW

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☒

If

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or

Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On

October 20, 2026, Praetorian Acquisition Corp. (the ‘Company’) implemented a planned leadership transition

involving changes to the composition of its board of directors (the ‘Board’) and executive leadership, appointing

a highly accomplished slate of directors and a Chief Financial Officer, as described below.

Justin Di Rezze, M.D. will continue to serve as the Company’s Chief Executive Officer.

Director

and Chief Financial Officer Departures

In

connection with the planned leadership transition, on October 20, 2026, Nicole Seligman, Erica Dorfman and Alex Elias resigned as directors

of the Company, effective October 20, 2026. Each of Ms. Seligman, Ms. Dorfman and Mr. Elias also served on the Audit Committee and Compensation

Committee of the Board prior to their respective resignations.

In

connection with the same transition, Peter Ondishin resigned as Chief Financial Officer and director of the Company, effective October

20, 2026.

None

of the foregoing departures was the result of any dispute or disagreement with the Company, its management, the Board, or any committee

of the Board on any matter relating to the operations, policies, or practices of the Company.

Appointment

of New Directors and Officers

In

connection with the planned leadership transition described above, on October 20, 2026, the Board appointed Roger L. Cloutier, Jimmy

Vaiopoulos, Charles P. Garcia and Joseph Tonnos as directors of the Company, effective as of October 20, 2026. The Board also appointed

Mr. Tonnos as Chief Financial Officer, succeeding Peter Ondishin. These appointments filled the four vacancies resulting from the planned

resignations described above. Mr. Cloutier will serve as a Class I director and will serve until the Company’s first annual general

meeting. Mr. Vaiopoulos will serve as a Class I director and will serve until the Company’s first annual general meeting. Mr. Tonnos

will serve as a Class II director and will serve until the Company’s second annual general meeting. Mr. Garcia will serve as a

Class III director and will serve until the Company’s third annual general meeting.

Lieutenant

General (Ret.) Roger L. Cloutier Jr., 61, currently serves as a director of our Company. Since March 2026, Mr. Cloutier has served

as Chief Business Officer of Nex42, a defense and dual-use business platform that connects advanced technologies with operational needs,

contacts and market opportunities. In this role, he is responsible for developing business opportunities for Israeli companies seeking

to do business in NATO countries, Europe and the United States. Since May 2026, Mr. Cloutier has served in an advisory capacity to Cortical

Dynamics, a private Australia-based neurotechnology company that develops brain-monitoring technologies and AI-based applications, and

Qtonic Quantum Corp, a private company focused on cyber risk and vulnerability intelligence, where he also serves as Founding Chair of

the Allied Defense Council. Mr. Cloutier has also served in an advisory capacity to Clear Street LLC since April 2026. From November

2025 to January 2026, Mr. Cloutier served as a senior advisor to Cityblock Health, a healthcare provider, where he previously served

as President of Markets from September 2022 to November 2025. From August 2020 to August 2022, Mr. Cloutier served as Commander of NATO

Allied Land Command in Izmir, Turkey, where he was responsible for leading 500,000 soldiers across 71 allied and partner nations. Prior

to that, Mr. Cloutier served as Commander of United States Army Africa/Southern European Task Force from August 2018 to August 2020.

Mr. Cloutier retired from the United States Army at the rank of Lieutenant General following 34 years of service. His decorations include

the Army Distinguished Service Medal, Defense Superior Service Medal, Legion of Merit, Bronze Star Medal and Purple Heart. Mr. Cloutier

earned a Bachelor of Science in Political Science from the University of San Diego and a Master of Science in International Relations

from Troy State University. We believe Mr. Cloutier is well qualified to serve as a member of our board of directors due to his extensive

operational, risk management and leadership experience.

1

Jimmy

Vaiopoulos, 38, currently serves as a director of our Company. From September 2024 to September 2025, Mr. Vaiopoulos served as

the chairperson of the board of directors and the chair of the audit committee of Gryphon Digital Mining, Inc., a former Nasdaq-listed

Bitcoin and AI compute operator. Since April 2021, Mr. Vaiopoulos has served as the CFO and Co-Founder of Stack Capital Group Inc., a

TSX-listed issuer that invests in private late-stage technology companies. Previously, from June 2018 through April 2021, he was the

CFO and Interim CEO of Hut 8 Corp., one of the earliest Bitcoin miners that transitioned to an energy and digital infrastructure

company developing power assets supporting AI infrastructure and held a key role in its IPO (NASDAQ: HUT). Mr. Vaiopoulos earned an Honours

Bachelor of Business Administration and a Bachelor of Engineering Science from Western University. He is a Chartered Professional Accountant

through the Institute of Chartered Accountants of British Columbia. We believe Mr. Vaiopoulos is well qualified to serve as a member

of our board of directors due to his extensive technology, board governance, and leadership experience.

Charles

P. Garcia, 65, currently serves as a director of our Company. In February 2026, Mr. Garcia founded Capital Mischief LLC, an independent

financial media and research company that publishes a Substack offering analyses of geopolitical events, commodity markets, and investment

strategy. Since February 2021, Mr. Garcia has served as the Managing Partner of R360 Management Inc., a peer advisory and educational

community for ultra-high-net-worth individuals and family offices. From January 2019 to January 2023, Mr. Garcia served as a member of

the board of directors of 3DE by Junior Achievement, a non-profit organization focused on expanding economic opportunities for students.

From January 2017 to January 2021, Mr. Garcia served as a member of the board of directors of the Girl Scouts of the United States of

America, a national youth organization. From February 2006 to March 2012, Mr. Garcia served as a member of the board of directors, a

member of the nominating/governance committee, and the financial expert of the audit committee of Winn-Dixie Stores, Inc., a parent company

that operates a chain of regional food retail stores in the southeastern United States. Since March 2025, Mr. Garcia has served as the

author of “Market Sense by Charlie Garcia,” a financial and geopolitical column addressing commodity markets, technology

sector dynamics, and macroeconomic trends. Mr. Garcia earned a Bachelor of Science from the United States Air Force Academy, a Master

of Public Administration from the University of Oklahoma, and a Juris Doctor from Columbia University School of Law. We believe Mr. Garcia

is well qualified to serve as a member of our board of directors due to his extensive financial, board governance, and leadership experience.

The

Board determined that each of Mr. Cloutier Jr., Mr. Vaiopoulos, and Mr. Garcia qualifies as an independent director for purposes of The

Nasdaq Stock Market LLC listing rules, as well as applicable rules of the Securities and Exchange Commission. Mr. Cloutier Jr., Mr. Vaiopoulos and Mr. Garcia will serve on the Company’s Audit Committee and Compensation Committee. Mr. Vaiopoulos will serve as chair of the Audit Committee and as the Board’s audit committee financial

expert, and Mr. Garcia will serve as chair of the Compensation Committee.

In

connection with their appointments, each of Mr. Cloutier Jr., Mr. Vaiopoulos, Mr. Garcia, and Mr. Tonnos is expected to receive an indirect

economic interest in the founder shares of the Company held by Praetorian Sponsor LLC, the Company’s sponsor (the “Sponsor”).

As of the date of this Current Report, the compensation arrangements for the newly appointed directors and Chief Financial Officer have

not been determined.

In

addition, Mr. Cloutier Jr., Mr. Vaiopoulos, Mr. Garcia, and Mr. Tonnos will each enter into the Company’s standard form of indemnity

agreement for directors.

There

are no arrangements or understandings between Mr. Cloutier Jr., Mr. Vaiopoulos, or Mr. Garcia and any other person pursuant to which

he was named a director of the Company. None of Mr. Cloutier Jr., Mr. Vaiopoulos, or Mr. Garcia have any family relationship with the

Company’s directors or executive officers or any persons nominated or chosen by the Company to be a director or executive officer.

None of Mr. Cloutier Jr., Mr. Vaiopoulos, or Mr. Garcia have entered into any other material plan, contract, arrangement, or amendment

in connection with his appointment to the Board.

None

of Mr. Cloutier Jr., Mr. Vaiopoulos, or Mr. Garcia are parties to any transaction required to be disclosed pursuant to Item 404(a) of

Regulation S-K.

2

Joseph

Tonnos, 39, brings more than 15 years of experience in investment management, corporate finance, capital markets, and

transaction structuring. Since October 2026, Mr. Tonnos has served as Managing Director, Direct Investments at the Di Rezze Family

Office, a private investment management company and a sponsor of the Company. Mr. Tonnos has previously held leadership positions

across six SPACs, all of which have completed business combinations. He served as Chief Financial and Investment Officer of Roth CH

Acquisition Co. until its business combination with SharonAI Holdings Inc. (NASDAQ: SHAZ), in December 2025; Chief Investment

Officer of Roth CH Acquisition V Co. until its merger with New Era Helium, Inc., n/k/a New Era Energy & Digital, Inc. (NASDAQ:

NUAI) in December 2024; Chief Financial Officer of GSR II Meteora Acquisition Corp. until its business combination with Bitcoin

Depot Inc. in June 2023; Senior Vice President of Haymaker Acquisition Corp. III until its business combination with biote Corp.

(NASDAQ: BTMD) in May 2022; Senior Vice President of Haymaker Acquisition Corp. II until its business combination with Arko Corp.

(Nasdaq: ARKO) in December 2020; and Senior Vice President of Haymaker Acquisition Corp. until its business combination with

OneSpaWorld Holdings Ltd (NASDAQ: OSW) in March 2019.

From

April 2023 until October 2026, he served as Managing Director at Roth Capital Partners, LLC, a privately held investment bank providing

strategic and financial advisory services to growth companies and their investors. Mr. Tonnos also previously served as Co-President

of Roth Principal Investments, LLC from August 2025 to October 2026 and as Portfolio Manager of RoHo Capital Opportunity Fund LLC from

April 2026 to October 2026, both affiliates of Roth Capital Partners, LLC that provide capital and customized financing structures to

a variety of businesses. From 2021 to 2023, Mr. Tonnos served as Principal and Associate Portfolio Manager at Meteora Capital, LLC, an

investment adviser specializing in event-driven investments in equities and credit. From March 2021 to December 2021, he served as Associate

Portfolio Manager at Glazer Capital, an event-driven investment management firm. From 2017 to 2021, Mr. Tonnos worked as a Principal

at Mistral Equity Partners, a diversified investment firm focused on private equity and venture capital. Mr. Tonnos is also the Co-Founder

of Ketch Ventures, an early-stage consumer investment syndicate. Mr. Tonnos’s experience spans sourcing, evaluating, executing,

structuring, and monitoring public, private and venture capital investments. He has invested in and advised companies and shareholders

on capital raising, mergers, acquisitions, divestitures, leveraged buyouts and capital structure alternatives. Mr. Tonnos earned a Bachelor

of Science and Master of Business Administration from Niagara University. We believe Mr. Tonnos is well qualified to serve as our Chief

Financial Officer and a director due to his extensive advisory, corporate governance, corporate finance, and leadership experience.

Mr.

Tonnos currently serves as Managing Director, Direct Investments at the Di Rezze Family Office, as described above. Other than as disclosed

herein, there are no arrangements or understandings between Mr. Tonnos and any other person pursuant to which he was appointed as Chief

Financial Officer or director of the Company. There are no family relationships between Mr. Tonnos and any of the Company’s directors

or executive officers. Mr. Tonnos has no direct or indirect material interest in any existing or currently proposed transaction that

would require disclosure under Item 404(a) of Regulation S-K.

Item 7.01

Regulation FD Disclosures

On

October 26, 2026, Di Rezze Family Office issued a press release announcing the appointments described above. A copy of the press release is attached hereto as Exhibit 99.1.

The

information in Item 7.01 of this Current Report on Form 8-K and the press release attached hereto as Exhibit 99.1 are furnished and shall

not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.

Item

9.01 Financial Statements and Other Exhibits

(d)

Exhibits.

Exhibit No.

Description

99.1

Press Release, dated October 26, 2026

104

Cover Page Interactive Data

File (embedded within the Inline XBRL document).

3

SIGNATURE

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

PRAETORIAN ACQUISITION CORP.

By:

/s/

Justin Di Rezze, M.D.

Name:

Justin Di Rezze, M.D.

Title:

Chief Executive Officer

Dated: October 26, 2026

4

EX-99.1 — PRESS RELEASE, DATED OCTOBER 26, 2026

EX-99.1

Filename: ea030946801ex99-1.htm · Sequence: 2

Exhibit 99.1

Di Rezze Family Office Names Joseph Tonnos Managing

Director; Tonnos Becomes CFO of Two Nasdaq-Listed SPACs

Retired Army Lt. Gen. Roger L. Cloutier Jr.,

former commander of NATO Allied Land Command, joins both SPAC boards

SPAC sponsorship is one of several strategies

for the single-family office, which invests only its own capital

MIAMI, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Di Rezze Family Office, the single-family

office of Arghavan and Justin Di Rezze, today announced that Joseph Tonnos has joined the office as Managing Director and will lead the

office’s efforts across its direct investment portfolio. He joins a senior team of investment, capital markets and operating professionals.

Effective October 20, 2026, Mr. Tonnos also became Chief Financial

Officer of Soren Acquisition Corp. (Nasdaq: SORN) and Praetorian Acquisition Corp. (Nasdaq: PTOR), two special purpose acquisition companies

sponsored by principals of the office and will join the board of each company. Each company also appointed new independent directors.

“Joe brings significant financial markets and investment management

experience to our team. He has worked across all aspects of the SPAC market since 2017, most notably as a six-time sponsor and as an investor,

and he now leads finance and execution for Soren and Praetorian,” said Arghavan Di Rezze, Principal of Di Rezze Family Office. “Our

new independent directors bring capital markets, public-company finance and operating experience, and they answer to shareholders, which

makes the right team to have in place for a company when it is ready to go public.”

Mr. Tonnos brings more than 15 years of experience in investment management,

corporate finance, capital markets and transaction structuring. Most recently, he was a Managing Director at Roth Capital Partners, LLC,

and before that a Principal and Associate Portfolio Manager at Meteora Capital, LLC.

Soren appointed Lieutenant General (Ret.) Roger L. Cloutier Jr. and

Austin Criden as independent directors. Praetorian appointed Mr. Cloutier, Jimmy Vaiopoulos and Charles P. Garcia as independent directors.

Mr. Cloutier retired from the U.S. Army as a Lieutenant General after

34 years of service and commanded NATO Allied Land Command from 2020 to 2022. Mr. Criden serves as a consultant to West2East Empire, a

brand management and media production company and has held other positions as an operator and investment banker. Mr. Vaiopoulos is Chief

Financial Officer and Co-Founder of Stack Capital Group Inc. and previously served as Chief Financial Officer and Interim Chief Executive

Officer of Hut 8 Mining Corp., the predecessor of Hut 8 Corp. Mr. Garcia is Managing Partner of R360 Management Inc. and a former director

of Winn-Dixie Stores, Inc., where he was the financial expert of its audit committee.

Di Rezze Family Office invests only its own capital across multiple

strategies, including pre-IPO minority investments in private growth companies, structured investments in public companies and the sponsorship

of special purpose acquisition companies. Soren and Praetorian, the two SPACs sponsored by its principals, together hold more than $500

million in trust.

“As founders and operators ourselves, Arghavan and I look at

a SPAC through a founder’s eyes,” said Justin Di Rezze, co-founder of Di Rezze Family Office. “For the right company,

it is a powerful way to access the public capital markets, maintain control of the business and take it to the next level. We seek to

add value from our entire platform and approach a business combination with transparency as long-term investors. We are ready to partner

with founders, operators and stakeholders prepared to take the next step.”

Further details are available in each company’s Current Report

on Form 8-K.

About Di Rezze Family Office

Di Rezze Family Office is the single family office of Arghavan and

Justin Di Rezze. Based in Miami, it invests only its own capital across multiple strategies, including pre-IPO minority investments in

growth companies, structured investments and SPAC sponsorship, with a focus on companies that move humanity forward. Principals of the

office sponsor Soren Acquisition Corp. (Nasdaq: SORN) and Praetorian Acquisition Corp. (Nasdaq: PTOR). Arghavan Di Rezze co-founded Theoria

Medical, a national, technology-enabled primary care and value-based care company.

About Soren Acquisition Corp.

Soren is a blank check 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. Soren may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution but

is focused on completing a business combination with an attractive target business within the healthcare industry.

Soren’s management team is led by Arghavan Di Rezze, its Chief

Executive Officer, and Joseph Tonnos, its Chief Financial Officer, who are both members of Soren’s Board of Directors. In addition,

Soren’s Board of Directors includes Marc Mazur, Austin Criden, and Roger Cloutier.

Forward-Looking Statements for Soren Acquisition Corp.

This press release contains statements that may constitute “forward-looking

statements” within the meaning of applicable federal securities laws, including statements regarding the Soren’s future plans,

objectives, expectations and strategies, its management and board of directors, and its search for and potential completion of an initial

business combination. These statements are not guarantees of future performance and are subject to risks and uncertainties that could

cause actual results or events to differ materially from those expressed or implied, including the possibility that Soren may not identify

or complete an initial business combination.

Forward-looking statements are subject to numerous risks, uncertainties

and conditions, many of which are beyond the control of Soren, including those described under “Risk Factors” in Soren’s

most recent Annual Report on Form 10-K, as updated by its subsequent Quarterly Reports on Form 10-Q, and in Soren’s other filings

with the Securities and Exchange Commission (the “SEC”). Copies of these filings are available on the SEC's website at www.sec.gov.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Soren undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future

events or otherwise, except as required by law.

2

Soren Acquisition Corp. Contact

Soren Acquisition Corp.

Arghavan Di Rezze, Chief Executive Officer

apd@direzzefamilyoffice.com

About Praetorian Acquisition Corp.

Praetorian is a blank check 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. Praetorian may pursue an acquisition opportunity in any business or industry or at any stage

of its corporate evolution but is focused on completing a business combination with an attractive target business in a traditional sector

that can be transformed through the application of automation and artificial intelligence.

Praetorian’s management team is led by Justin Di Rezze M.D., its Chief Executive Officer, and Joseph Tonnos, its Chief Financial

Officer, who are both members of the Praetorian Board of Directors. In addition, the Praetorian Board of Directors includes Roger Cloutier,

Jimmy Vaiopoulos, and Charles Garcia.

Forward-Looking Statements for Praetorian Acquisition Corp.

This press release contains statements that may constitute “forward-looking

statements” within the meaning of applicable federal securities laws, including statements regarding the Praetorian’s future

plans, objectives, expectations and strategies, its management and board of directors, and its search for and potential completion of

an initial business combination. These statements are not guarantees of future performance and are subject to risks and uncertainties

that could cause actual results or events to differ materially from those expressed or implied, including the possibility that Praetorian

may not identify or complete an initial business combination.

Forward-looking statements are subject to numerous risks, uncertainties

and conditions, many of which are beyond the control of Praetorian, including those described under “Risk Factors” in Praetorian’s

most recent Annual Report on Form 10-K, as updated by its subsequent Quarterly Reports on Form 10-Q, and in Praetorian’s other filings

with the SEC. Copies of these filings are available on the SEC's website at www.sec.gov. Readers are

cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Praetorian

undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events

or otherwise, except as required by law.

Praetorian Acquisition Corp. Contact

Praetorian Acquisition Corp.

Justin Di Rezze M.D., Chief Executive Officer

jpd@direzzefamilyoffice.com

3

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 8

v3.26.3

Cover

Oct. 20, 2026

Document Type

8-K

Amendment Flag

false

Document Period End Date

Oct. 20, 2026

Entity File Number

001-43072

Entity Registrant Name

Praetorian

Acquisition Corp.

Entity Central Index Key

0002093912

Entity Tax Identification Number

00-0000000

Entity Incorporation, State or Country Code

E9

Entity Address, Address Line One

2

S Biscayne Blvd

Entity Address, Address Line Two

PMB

1004 Suite #3200

Entity Address, City or Town

Miami

Entity Address, State or Province

FL

Entity Address, Postal Zip Code

33131

City Area Code

754

Local Phone Number

217-7160

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant

Title of 12(b) Security

Units,

each consisting of one Class A ordinary share and one-third of one redeemable warrant

Trading Symbol

PTORU

Security Exchange Name

NASDAQ

Class A ordinary shares, par value $0.0001 per share

Title of 12(b) Security

Class

A ordinary shares, par value $0.0001 per share

Trading Symbol

PTOR

Security Exchange Name

NASDAQ

Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share

Title of 12(b) Security

Warrants,

each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share

Trading Symbol

PTORW

Security Exchange Name

NASDAQ

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Details

Name:

us-gaap_StatementClassOfStockAxis=PTORU_UnitsEachConsistingOfOneClassOrdinaryShareAndOnethirdOfOneRedeemableWarrantMember

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type:

X

- Details

Name:

us-gaap_StatementClassOfStockAxis=PTORU_ClassOrdinarySharesParValue0.0001PerShareMember

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type:

X

- Details

Name:

us-gaap_StatementClassOfStockAxis=PTORU_WarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type: