Pioneer Acquisition I Corp ($PACHU) Raises $253M in Successful IPO

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Pioneer Acquisition I Corp (PACHU) has successfully completed its initial public offering, selling 25.30 million units at $10.00 each.

The gross proceeds from the offering reached $253 million before deducting underwriting discounts and estimated offering expenses.

Trading for the units began on the Nasdaq Global Market on June 18, 2025.