Cantor Fitzgerald L. P. Sells 350,000 Shares of Pioneer Acquisition I Corp $PACHU

Cantor Fitzgerald L. P. lessened its holdings in Pioneer Acquisition I Corp (NASDAQ:PACHU) by 90.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,894 shares of the company’s stock after selling 350,000 shares during the quarter. Cantor Fitzgerald L. P.’s holdings in Pioneer Acquisition I were worth $371,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PACHU. Meteora Capital LLC bought a new stake in shares of Pioneer Acquisition I during the 2nd quarter valued at about $300,000. Crossingbridge Advisors LLC bought a new position in Pioneer Acquisition I during the second quarter worth $488,000. DLD Asset Management LP bought a new stake in Pioneer Acquisition I in the second quarter valued at $1,000,000. JPMorgan Chase & Co. acquired a new position in shares of Pioneer Acquisition I during the second quarter valued at about $1,001,000. Finally, Berkley W R Corp acquired a new stake in shares of Pioneer Acquisition I in the 2nd quarter valued at about $1,488,000.

Pioneer Acquisition I Stock Down 0.0%

Shares of NASDAQ:PACHU opened at $10.23 on Monday. The stock’s 50 day moving average is $10.21 and its 200-day moving average is $10.18. Pioneer Acquisition I Corp has a twelve month low of $9.70 and a twelve month high of $10.55.

About Pioneer Acquisition I

Pioneer Acquisition I Co is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands in 2023. As a blank check company, it has no commercial operations of its own and was formed solely to raise capital for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

In its initial public offering, Pioneer Acquisition I sold 20 million units at a price of $10.00 per unit.