Cantor Fitzgerald L. P. Lowers Holdings in Pioneer Acquisition I Corp $PACHU

Cantor Fitzgerald L. P. lowered its position in Pioneer Acquisition I Corp (NASDAQ:PACHU) by 90.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of PACHU. PenderFund Capital Management Ltd. lifted its holdings in shares of Pioneer Acquisition I by 248.0% in the 3rd quarter. PenderFund Capital Management Ltd. now owns 17,400 shares of the company’s stock worth $175,000 after buying an additional 12,400 shares during the period. Meteora Capital LLC purchased a new position in shares of Pioneer Acquisition I during the second quarter valued at $300,000. Crossingbridge Advisors LLC bought a new stake in shares of Pioneer Acquisition I in the second quarter valued at about $488,000. Parallax Volatility Advisers L.P. lifted its stake in Pioneer Acquisition I by 67.8% in the third quarter. Parallax Volatility Advisers L.P. now owns 58,744 shares of the company’s stock worth $590,000 after acquiring an additional 23,744 shares during the period. Finally, DLD Asset Management LP purchased a new stake in Pioneer Acquisition I in the second quarter worth about $1,000,000.

Pioneer Acquisition I Trading Up 0.2%

Shares of Pioneer Acquisition I stock opened at $10.25 on Friday. The firm’s 50-day moving average is $10.21 and its two-hundred day moving average is $10.18. Pioneer Acquisition I Corp has a 1 year low of $9.70 and a 1 year high of $10.55.

Pioneer Acquisition I Company Profile

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.