Pine Tree Acquisition Corp. (PAXGU) Prices $100M IPO

Pine Tree Acquisition Corp. (NASDAQ:PAXGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PAXGU” on Tuesday, October 6, 2026.

The new SPAC aims to mount a generalist search process leveraging its teams business network.

Pine Tree Acquisition Corp. is to be led by Chairman, Chief Executive Officer and Chief Financial Officer Wei Qian. Xiao Wu, Yao Guo and Yan Zhang will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 154. This offering is expected to close on Wednesday, October 7, 2026.

Maxim Group LLC is acting as the sole underwriter for the offering. Graubard Miller LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Aloba, Awomolo & Partners serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.