Pine Tree Acquisition Corp. Announces Pricing of $100,000,000 Initial Public Offering
Key Highlights
- ➤Pine Tree Acquisition priced a $100 million initial public offering.
- ➤10 million units priced at $10 each, with Nasdaq trading under PAXGU.
- ➤Each unit includes one Class A share and three-fourths share right.
- ➤Underwriters received a 45-day option for 1.5 million additional units.
- ➤Offering expected to close October 7, 2026, subject to customary conditions.
NEW YORK, NY / ACCESS Newswire / October 6, 2026 / Pine Tree Acquisition Corp. (the "Company") announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit. The Company's units are expected to be listed on the Nasdaq Global Market ("Nasdaq") and are expected to begin trading on October 6, 2026 under the ticker symbol "PAXGU." Each unit consists of one Class A ordinary share and one right entitling 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. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols "PAXG" and "PAXGR," respectively.
The offering is expected to close on October 7, 2026, subject to customary closing conditions.
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