Alberta Investment Management Corp Makes New Investment in Pioneer Acquisition I Corp $PACHU

Alberta Investment Management Corp bought a new stake in Pioneer Acquisition I Corp (NASDAQ:PACHU) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 500,000 shares of the company’s stock, valued at approximately $5,005,000.

Several other hedge funds also recently made changes to their positions in PACHU. MMCAP International Inc. SPC purchased a new position in shares of Pioneer Acquisition I during the 2nd quarter valued at $7,504,000. Wealthspring Capital LLC purchased a new stake in shares of Pioneer Acquisition I in the second quarter valued at $6,666,000. Timelo Investment Management Inc. bought a new position in shares of Pioneer Acquisition I during the second quarter valued at approximately $600,000. Wolverine Asset Management LLC bought a new stake in Pioneer Acquisition I during the 2nd quarter valued at about $2,762,000. Finally, Gritstone Asset Management LLC purchased a new stake in shares of Pioneer Acquisition I in the second quarter valued at approximately $700,000.

Pioneer Acquisition I Stock Performance

Shares of NASDAQ PACHU opened at $10.55 on Monday. Pioneer Acquisition I Corp has a 12-month low of $9.70 and a 12-month high of $10.55. The company has a fifty day moving average of $10.11.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Pioneer Acquisition I from a “hold” rating to a “sell” rating in a research report on Saturday, August 16th.

Pioneer Acquisition I 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.