Mint Tower Capital Management B.V. acquired a new position in shares of Pioneer Acquisition I Corp (NASDAQ:PACHU – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 400,000 shares of the company’s stock, valued at approximately $4,002,000. Pioneer Acquisition I comprises about 0.6% of Mint Tower Capital Management B.V.’s holdings, making the stock its 19th biggest holding.
Other hedge funds have also recently modified their holdings of the company. MMCAP International Inc. SPC acquired a new stake in Pioneer Acquisition I during the 2nd quarter worth $7,504,000. Wealthspring Capital LLC acquired a new stake in shares of Pioneer Acquisition I during the second quarter worth about $6,666,000. Alberta Investment Management Corp acquired a new stake in shares of Pioneer Acquisition I during the second quarter worth about $5,005,000. Wolverine Asset Management LLC purchased a new stake in shares of Pioneer Acquisition I in the 2nd quarter valued at about $2,762,000. Finally, Syquant Capital Sas acquired a new stake in shares of Pioneer Acquisition I in the 2nd quarter valued at about $1,101,000.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered Pioneer Acquisition I from a “hold” rating to a “sell” rating in a research report on Saturday, August 16th.
Pioneer Acquisition I Price Performance
Shares of NASDAQ PACHU opened at $10.55 on Friday. The business’s fifty day moving average is $10.11. Pioneer Acquisition I Corp has a 1-year low of $9.70 and a 1-year high of $10.55.
About Pioneer Acquisition I
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.
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