Pioneer Acquisition I Corp. (PACHU) Prices $220M IPO

Pioneer Acquisition I Corp. (NASDAQ:PACHU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PACHU”, Wednesday, June 18, 2025.

The new SPAC aims to combine with a target company in the healthcare sector, which could include medical device manufacturers, digital healthcare firms or health service providers, among others.

Pioneer I’s management team is led by Chief Executive Officer Mitchell Creem and Chief Financial Officer Kevin Schubert. The Board also includes Mike DiMeo and Mark Fawcett.

Total SPAC deal count for 2025 year-to-date is now 58. This offering is expected to close on Friday, June 20, 2025.

Cantor Fitzgerald & Co. is acting as the sole book-running manager with Odeon Capital Group LLC acting as co-manager for the offering. Winston & Strawn LLP is serving as Issuer’s Counsel with Ellenoff, Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.