Green AI Cloud to merge with Pioneer Acquisition I at $300M pre-money
Green AI Cloud agreed to combine with Pioneer Acquisition I Corp (Nasdaq: PACH), valuing Green AI Cloud at a $300M pre-money equity value and implying about $525M pro forma enterprise value, assuming no redemptions. Closing is expected in Q2 2027, subject to approvals.
Green AI Cloud agreed to merge with Pioneer Acquisition I Corp (Nasdaq: PACH), in a deal that values Green AI Cloud at a $300M pre-money equity value and implies a ~$525M pro forma enterprise value, assuming no redemptions. Closing is anticipated in Q2 2027, subject to approvals.