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News 2026-10-07 20:01 UTC

Pine Tree Acquisition Corp. closes $100M IPO

Pine Tree Acquisition Corp. closed an IPO of 10,000,000 units at $10.00 each, raising $100M in gross proceeds placed in trust. Units trade on Nasdaq as PAXGU, with shares and rights expected to trade as PAXG and PAXGR after separation.