Pioneer merger offered 35 million units at $10 per unit to raise $350 million in an IPO.
The SPAC said it is targeting businesses poised for rapid growth.
The SPAC’s sponsor is an affiliate of Falcon Edge Capital and Patriot Global Management. Pioneer Merger is led by The company is led by Chairman Jonathan Christodoro, president of Patriot Global Management.
Units start trading today on the Nasdaq under PACXU. Read more.
