PACH
Pioneer Acquisition I Corp.Financial Services·Asset Management
$10.21
$323M market cap
Revenue
$0.0M
Free Cash Flow
$-0.2M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Pioneer Acquisition I Corp is a blank check company (SPAC) incorporated in the Cayman Islands, formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company priced its initial public offering on June 17, 2025, raising $220 million by offering 22 million units at $10 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. The units began t
2-Year Price History
$10.21+2.1%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 0.0 | -0.3 | -0.3 | 2.0 | -0.2 | -0.2 | -0.0 | 0.6 | 0.0 | 25.3 | -- | -- | -- |
Valuation & Metrics
Market Stats
Price$10.21
Market Cap$323M
Enterprise Value$322M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-0.1%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$0.0M
Net Income$2.0M
Free Cash Flow$-0.2M
Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC--
WC Change % Rev0.0%
Interest Coverage--
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)-11.5%
Need at least 2 settlement dates for chart
Cash Runway
34.8months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
7.1%(-66.2% YoY)
12 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-1.5% YoY)
0 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| LMR Partners LLP | $7.7M | $10.01 | +$0 | +$7.7M | -2.0% | $8.84B |
| HGC Investment Management Inc. | $7.7M | $10.01 | +$0 | +$7.7M | -4.0% | $451M |
| TORONTO DOMINION BANK | $3.7M | $10.01 | +$1K | +$3.7M | -0.3% | $51.72B |
| SYQUANT CAPITAL SAS | $1.1M | $10.01 | +$0 | +$1.1M | -1.9% | $640M |
| JPMORGAN CHASE & CO | $1.0M | $10.01 | +$0 | +$1.0M | -0.2% | $1.47T |
| Lineage Point Capital LP | $521K | $10.05 | +$0 | +$521K | +5.2% | $409M |
| READYSTATE ASSET MANAGEMENT LP | $322K | $10.01 | +$0 | +$322K | -0.7% | $962M |
| HRT FINANCIAL LP | $255K | $9.99 | +$0 | +$255K | -0.6% | $39.46B |
| Yakira Capital Management, Inc. | $252K | $10.01 | −$5K | +$252K | -6.1% | $342M |
| Rangeley Capital, LLC | $228K | $9.96 | +$0 | +$228K | -1.3% | $91.1M |
| Clear Street Group Inc. | $169K | $10.06 | +$23K | +$169K | -7.5% | $17.82B |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | $5K | $10.01 | +$0 | +$5K | +1.5% | $480M |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
-2.20%
avg per quarter
Holders (ex-self)
-2.17%
excl. this stock
Buyers (this Q)
-3.56%
2 buyers · $0.00B in
Sellers (this Q)
-6.10%
1 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-21.6%
how holders react when this stock falls
On quiet Qs
-4.2%
−10% to +10% baseline
On rallies (+10%+)
-9.0%
how they react when this stock rises
Holders' portfolio flow this Q
-1.8%
outflows — trims may be forced
Sellers' portfolio flow this Q
+13.2%
Sellers grew AUM elsewhere — opinionated cut of this stock.
Biggest decreases this quarter
Top-5 holders · 92.4%
LMR Partners LLP--
HGC Investment Management Inc.--
TORONTO DOMINION BANK--
SYQUANT CAPITAL SAS--
JPMORGAN CHASE & CO--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
AQR Arbitrage LLC—GLAZER CAPITAL, LLC—Magnetar Financial LLC—Westchester Capital Management, LLC—TWO SIGMA INVESTMENTS, LP—LMR Partners LLP750KHGC Investment Management Inc.743KMMCAP International Inc. SPC—LINDEN ADVISORS LP—TORONTO DOMINION BANK363K
Corporate
Order Flow (FINRA, ~3w lag)
97.0%retail+9.0pp
0.3%dark-3.2pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Pioneer Acquisition I Corp: Standard SPAC structure with high structural dilution and sponsor-friendly terms.
Overall Risk
6/10
Fraud
2/10
Dilution
9/10
Insolvency
3/10
Earnings Overstated
2/10
Hidden Liabilities
5/10
Legal
4/10
Audit Warnings
2/10
Hidden Upside
2/10
Contextually Acceptable
9/10