Pioneer Acquisition I Corp’s Quiet Period Set To End on July 28th (NASDAQ:PACHU)

Pioneer Acquisition I’s (NASDAQ:PACHU) quiet period will end on Monday, July 28th. Pioneer Acquisition I had issued 22,000,000 shares in its public offering on June 18th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. During Pioneer Acquisition I’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Pioneer Acquisition I to a “hold” rating in a research report on Saturday, July 5th.

Pioneer Acquisition I Price Performance

Pioneer Acquisition I stock opened at $10.03 on Monday. Pioneer Acquisition I has a 12 month low of $9.70 and a 12 month high of $10.04.

Institutional Investors Weigh In On Pioneer Acquisition I

An institutional investor recently bought a new position in Pioneer Acquisition I stock. Deltec Asset Management LLC bought a new stake in Pioneer Acquisition I Corp (NASDAQ:PACHU) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 10,000 shares of the company’s stock, valued at approximately $100,000.

Pioneer Acquisition I Company Profile

We are a blank check company incorporated as an exempted company under the laws of the Cayman Islands on August 28, 2024, which will seek to effect a merger, 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.