Pine Tree Acquisition Corp. Closes Over-Allotment

SPAC
SPAC
Initial Public Offering / IPO SPAC
Initial Public Offering / IPO SPAC
IPO / SPAC:
Oct 06, 2026
Industry:
BLANK CHECKS

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Pine Tree Acquisition Corp. Announces Closing of Partial Exercise of Over-Allotment Option

NEW YORK, October 15, 2026 - Pine Tree Acquisition Corp. (Nasdaq: PAXGU) announced the completion of the sale of an additional 600,000 units pursuant to the partial exercise of the over-allotment option granted to Maxim Group LLC in connection with its initial public offering.

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Pine Tree Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination.

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