PACH 10-K & 10-Q changes, risk factors and insider trading
Pioneer Acquisition I Corp (also PACHU, PACHW) · Nasdaq · Blank Checks · CIK 2040381 · All filings on SEC.gov
At a glance
What changed in the latest 10-K
Comparison not available: Not available: fewer than two 10-K filings on EDGAR to compare (only one so far)..
What changed in the latest 10-Q
Risk Factors
As a smaller reporting company under Rule 12b-2 of the Exchange Act, we are not required to include risk factors in this Report. For additional risks relating to our operations carefully consider the factors discussed in “Risk Factors” of our Prospectus dated June 17, 2025, which could materially affect our business, financial condition or future results. There have been no material changes during fiscal year 2026 to the risk factors that were included in the Prospectus.
No wording changes found in this section.
Full comparison: every changed paragraph (0)
Management's Discussion & Analysis (MD&A)
Largest changes
For the three and six months endedsee in full comparisonMarchJune31,30, 2026, we reported net income of$1,992,906.$2,133,928 and $4,126,834 respectively. These results primarily reflect net interest income of$2,271,460,$2,311,186 and $4,126,834 respectively partially offset by general and administrative expenses.
As indicated in the accompanying financial statements, atsee in full comparisonMarchJune31,30, 2026 we had cash of$568,743$468,670 and working capital of$407,065.$255,713. Further, we expect to continue to incurincursignificant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to raise capital or to complete our initialinitialbusiness combination will be successful. These factors, among others, raise substantial doubt about our ability to continue as a going concern.
Full comparison: every changed paragraph (5)
As indicated in the accompanying
financial statements, at MarchJune 31,30, 2026 we had cash of $568,743$468,670 and working capital of $407,065.$255,713. Further, we expect to continue to incur
incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to raise capital or to complete our initial
initial business combination will be successful. These factors, among others, raise substantial doubt about our ability to continue as
a going
concern.
We have neither engaged in
any operations nor generated any revenues to date. Our only activities since inception to reporting date MarchJune 31,30, 2026 have been organizational
activities, completion of IPO and evaluating potential targets for an initial business combination. We will not generate any operating
revenues until after completion of our initial business combination. Our non-operating income interest income on cash and investments
held in trust. There has been no significant change in our financial or trading position and no material adverse change has occurred since
the date of our audited financial statements.
For the three and six months
ended MarchJune 31,30, 2026,
we reported net income of $1,992,906.$2,133,928 and $4,126,834 respectively. These results primarily reflect net interest income
of $2,271,460,$2,311,186 and $4,126,834 respectively partially offset by general and
administrative expenses.
As
of MarchJune 31,30, 2026 and December 31, 2025 we had not borrowed any amount under the promissory note with our sponsor.
As of MarchJune 31,30, 2026 and December 31, 2025 the
Trust Account held $260,599,284$262,905,959 and $258,327,825 in a money market fund respectively.
PACH insider buying and selling (Form 4)
Since 2026-04-11, insiders reported open-market purchases in 0 Form 4 filings and open-market sales in 0 filings. Totals add up every open-market (code P and S) line in those filings, using the prices reported in the filings. Awards, option exercises, tax withholding and gifts are listed below but not counted.
No Form 4 stock transactions in this period.
Well-known investors holding PACH (13F)
| Investor | Quarter | Shares | Reported value | % of their 13F | Change vs prior quarter |
|---|---|---|---|---|---|
| D. E. Shaw & Co. | 2026-06-30 | 1,252,350 | $12.8M | 0.01% | No change |
| Two Sigma Investments | 2026-06-30 | 797,500 | $8.2M | 0.01% | No change |
| Millennium Management (Israel Englander) | 2026-06-30 | 287,700 | $2.9M | 0.0% | No change |