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Pinnacle Acquisition prices $200M IPO, listing on NYSE under ticker PNAQ.U starting Aug 7, 2026

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07 Aug 2026
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Pinnacle Acquisition Corporation priced its initial public offering at $10 per unit, raising $200 million by offering 20 million units. Each unit includes one Class A ordinary share and a right to receive additional shares after a business combination. The units will begin trading on the NYSE under the ticker PNAQ.U on August 7, 2026, with separate trading of shares and rights expected within 52 days. The company aims to use the proceeds to pursue mergers or acquisitions, focusing on businesses with growth potential and strong management.

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