Pine Tree Acquisition Corp. Announces Pricing of $100,000,000 IPO
Pine Tree Acquisition Corp. announced the pricing of its initial public offering, comprising 10,000,000 units at $10.00 per unit. The offering is expected to close on October 7, 2026, subject to customary closing conditions.
Pine Tree Acquisition Corp. has announced the pricing of its $100,000,000 initial public offering, with 10,000,000 units priced at $10.00 per unit. The offering is expected to close on October 7, 2026, subject to customary closing conditions, and the company has stated that completion on the described terms, or at all, is not assured.
Each unit comprises one Class A ordinary share and one right. Subject to adjustment, the right would entitle its holder to receive three-fourths (3/4) of one Class A ordinary share when Pine Tree Acquisition Corp. completes an initial business combination.
The units are expected to be listed on the Nasdaq Global Market and are expected to begin trading on October 6, 2026, under the ticker symbol “PAXGU.” After the securities in the units begin trading separately, the ordinary shares and rights are expected to be listed on Nasdaq under “PAXG” and “PAXGR,” respectively.
Pine Tree Acquisition Corp. is a Cayman exempt company formed as a blank check company. Its stated purpose is to pursue a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or another similar business combination involving one or more businesses or entities.
Wei Qian serves as Chairman of the Board and Chief Executive Officer. Maxim Group LLC is acting as the offering’s lead book-running manager.
The underwriters have a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments, if any.
The offering is being made only through a prospectus. Pine Tree Acquisition Corp.’s Form S-1 registration statement, identified by SEC File Number 333-292289, was filed with the Securities and Exchange Commission and declared effective on October 5, 2026.
The company said its net proceeds may not be used as described in the offering prospectus and that forward-looking statements are subject to numerous conditions, including matters beyond its control and the risks described in the registration statement and preliminary prospectus. The company has undertaken no obligation to update those statements for later revisions or changes except as required by law.
The announcement does not constitute an offer to sell or a solicitation of an offer to buy the securities. It also does not permit a sale in any state or jurisdiction where such activity would be unlawful before registration or qualification under applicable securities laws.
Pine Tree Acquisition Corp. announced pricing for 10,000,000 units at $10.00 per unit, representing a $100,000,000 initial public offering.
Each unit contains one Class A ordinary share and one right for three-fourths (3/4) of one Class A ordinary share upon an initial business combination, subject to adjustment.
Trading in the units is expected to begin on October 6, 2026, under “PAXGU,” with separate securities expected under “PAXG” and “PAXGR.”
The offering is expected to close on October 7, 2026, subject to customary closing conditions, and includes a 45-day option for up to an additional 1,500,000 units.
The company has stated that the offering may not be completed on the described terms, or at all, and that no assurance has been given regarding the use of net proceeds.
Pine Tree Acquisition Corp. announced that it had priced its initial public offering of 10,000,000 units at $10.00 per unit, representing a $100,000,000 initial public offering. The offering is expected to close on October 7, 2026, subject to customary closing conditions.
Pine Tree Acquisition Corp. announced the pricing of its initial public offering on October 6, 2026.
Each Pine Tree Acquisition Corp. unit consists of one Class A ordinary share and one right. Each right entitles its holder to receive three-fourths (3/4) of one Class A ordinary share upon the consummation of an initial business combination, subject to adjustment.
Pine Tree Acquisition Corp.'s units are expected to be listed on the Nasdaq Global Market, referred to in the announcement as Nasdaq, and are expected to begin trading on October 6, 2026 under the ticker symbol "PAXGU."
Once the securities comprising Pine Tree Acquisition Corp.'s units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols "PAXG" and "PAXGR," respectively.
Pine Tree Acquisition Corp.'s offering is expected to close on October 7, 2026, subject to customary closing conditions. The company states that no assurance can be given that the offering will be completed on the terms described, or at all.
Pine Tree Acquisition Corp. is a Cayman exempt company formed as a blank check company. Its purpose is to enter into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganisation or similar business combination with one or more businesses or entities.
Pine Tree Acquisition Corp. is led by Wei Qian, its Chairman of the Board and Chief Executive Officer.
Maxim Group LLC is acting as the lead book-running manager for Pine Tree Acquisition Corp.'s offering.
Yes. Pine Tree Acquisition Corp. has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments, if any.
A registration statement on Form S-1 relating to Pine Tree Acquisition Corp.'s securities, SEC File Number 333-292289, was filed with the Securities and Exchange Commission and declared effective on October 5, 2026. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.
Pine Tree Acquisition Corp. states that no assurance can be given that the offering will be completed on the terms described, or at all, or that its net proceeds will be used as indicated in the offering prospectus. The company also says that forward-looking statements are subject to numerous conditions, many beyond its control, including those in the risk factors section of its registration statement and preliminary prospectus.