Pine Tree Acquisition Raises $6 Million From Partial Exercise of IPO Over — Allotment Option
Pine Tree Acquisition closed the sale of 600,000 additional units at $10 per unit through a partial IPO over-allotment option exercise. The sale generated $6 million in gross proceeds. The units trade on the Nasdaq Global Market under PAXGU. A total of $106 million from the IPO, including the over-allotment exercise, a