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Pioneer Acquisition I Corp Announces Closing of $253,000,000 Initial Public Offering
Globenewswire·2025-06-21 05:00

BROOKLYN, N.Y., June 20, 2025 (GLOBE NEWSWIRE) -- Pioneer Acquisition I Corp (Nasdaq: PACHU) (the “Company”) today announced that it closed its initial public offering of 25,300,000 units at 10.00perunit,includingtheissuanceof3,300,000unitsasresultoftheunderwritersexerciseofitsoverallotmentoptioninfull.Thegrossproceedsfromtheofferingwere10.00 per unit, including the issuance of 3,300,000 units as result of the underwriters’ exercise of its over-allotment option in full. The gross proceeds from the offering were 253 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the Nasdaq Global Market (“Na ...