Plutux
$10.31
+0.19%
2026-09-02 10:17:20 EDT+$0.02
Financial Services
Shell Companies
NASDAQ
Active Trading

Pioneer Acquisition I Corp focuses on effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one ...

Price Action

$10.31
+0.19%+$0.02
High
Low
52W High-0.2%
Rel. vol
Interval
Range4.3h
VolumeSMA5SMA10
Pioneer Acquisition I Corp is a special purpose acquisition company (SPAC) formed with the sole purpose of identifying and merging with a target business in the healthcare or healthcare-related sectors. As a blank check company, it currently has no operational business or revenue, focusing instead on capital raising and deal ...Pioneer Acquisition I Corp is a special purpose acquisition company (SPAC) formed with the sole purpose of identifying and merging with a target business in the healthcare or healthcare-related sectors. As a blank check company, it currently has no operational business or revenue, focusing instead on capital raising and deal execution. The company was incorporated in 2024 in the Cayman Islands and operates from its executive office at 131 Concord Street, Brooklyn, NY. It is led by CEO Mitchell R. Creem, with a very small team of only 2 employees. In June 2025, it successfully completed its initial public offering (IPO) on the NASDAQ, raising $253 million by issuing 25.3 million units at $10.00 per unit. The IPO proceeds are held in a trust account, intended for future acquisition. The company's leadership includes experienced professionals in finance and healthcare, and its sponsor has a track record of successful deals. Financially, as of the latest reporting, the company holds significant cash (approximately $2.1 million outside trust) and minimal liabilities, with a market capitalization of around $325 million. Its stock trades under the ticker 'PACH' on NASDAQ. The company aims to leverage its management's expertise to identify attractive investment opportunities in the rapidly evolving healthcare sector, potentially including medical technology, pharmaceuticals, and healthcare services. While no target has been announced yet, the company has 24 months from the IPO to complete a business combination, with the possibility of extension. Its business model is typical of SPACs: it seeks to provide target companies with access to public capital markets and strategic guidance, while offering its shareholders the potential for significant returns upon successful merger. The company faces the risk of dissolution if no deal is completed within the specified timeframe, but remains confident in its ability to find suitable targets given its strong network and sector focus.
Founded
2024
Employees
2
CEO
Mitchell R. Creem
Full Name
Pioneer Acquisition I Corp
Sector
Financial Services
Industry
Shell Companies
ROE
3.57%
Market Cap
$0.33B
Current Ratio
1.86
ROIC
-347.21%

Contact Information

(347) 720-2907
131 Concord Street, Brooklyn, NY 11201

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