Pioneer Merger Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
IPO Year: 2021
Exchange: NASDAQ
Website: pioneermerger.com
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IRVINE, Calif. and NEW YORK, May 27, 2021 /PRNewswire/ -- Acorns Grow Incorporated ("Acorns"), the saving and investing app, has entered into a definitive business combination agreement with Pioneer Merger Corp. (NASDAQ:PACX) ("Pioneer"), a publicly traded special purpose acquisition company. The combined company (the "Company") will continue as a publicly listed entity and have an expected pro forma fully-diluted equity value of approximately $2.2 billion, assuming no redemptions. "I am humbled to represent everyday Americans in the global public markets," said Noah Kerner, CEO of Acorns.Institutional investors including Wellington Management, Senator, Declaration Partners, Greycroft, The
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