Pioneer Merger Corp. announced the pricing of its $350 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “PACXU” Friday, January 8.
The new company plans to combine with a business that has a sustainable runway towards tackling a significant market opportunity. Pioneer is led by Chairman Jonathan Christodoro, Co-Presidents Rick Gerson and Oscar Salazar alongside CEO Ryan Khoury, COO Scott Carpenter and CFO Matthew Corey.
Total SPAC deal count for 2021 year-to-date is now 24 with $5.86 billion in gross proceeds raised. This offering is expected to close on Tuesday, January 12.
Citigroup Global Markets Inc. is acting as sole book-running manager for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Weil, Gotshall & Manges LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
McKinley Acquisition Corporation (NASDAQ:MKLYU) has filed for a $150 million SPAC to hunt for an innovative target company with an experienced financial team that has dabbled in SPACs before. The new SPAC is offering investors one right to a 1/10 share in each unit with no overfunding of the trust, but it could provide a...
At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....
EQV Ventures II (NASDAQ:EVACU) announced the pricing of its upsized $420 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EVACU”, Wednesday, July 2, 2025. The new SPAC plans to merge with an energy target involved in upstream exploration or production. EQV II’s management team is led by...
Vendome Acquisition Corporation I (NASDAQ:VNMEU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VNMEU”, Wednesday, July 2, 2025. The new SPAC plans to focus its search on target business in the consumer sector operating in North America, Southeast Asia, and Europe....
Origin Investment Corp. I (NASDAQ:ORIQU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ORIQU”, Wednesday, July 2, 2025. The new SPAC aims to mount a broad search for a target with a strong management and both revenue and earnings growth potential....