Inactive Instrument

Pioneer Merger Corp.

PACX

KYG7S24C1034

Cable Car Capital Engages in Discussions with Pioneer Merger

December 30, 2022 at 04:36 pm EST

Cable Car Capital LLC announced that on December 21, 2022, Cable Car Capital discussed with a representative of Pioneer Merger Corp. the stated intent of its sponsor to improperly arrogate for itself and related parties a $32.5 million termination fee payment that the Company received from Acorns Grow Incorporated. Cable Car Capital stated that it has recommended that the sponsor reconsider its plans, which if implemented would violate its legal and contractual duties owed to the Company and advised that Cable Car Capital would otherwise consider all available legal remedies to protect the interests of stockholders.

Latest news about Pioneer Merger Corp.

Pioneer Merger Provides Information to Shareholders	23-01-12	CI
Pioneer Merger Corp.(NasdaqCM:PACX) dropped from NASDAQ Composite Index	23-01-12	CI
Cable Car Capital Engages in Discussions with Pioneer Merger	22-12-30	CI
Pioneer Merger Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-10	CI
Pioneer Merger Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-15	CI
Fintech firm GloriFi plans U.S. listing with $1.7 bln SPAC deal	22-07-25	RE
Pioneer Merger Corp. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-13	CI
Pioneer Merger Corp. Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-30	CI
Pioneer Merger Corp. Auditor Raises 'Going Concern' Doubt	22-03-29	CI
Betsy Cohen's SPAC scraps $1.75 bln Pico merger deal	22-02-25	RE
Investing app Acorns, Pioneer SPAC scrap $2.2 billion merger	22-01-19	RE
Investing app Acorns, Pioneer SPAC scrap $2.2 bln merger (Jan. 18)	22-01-18	RE
Investing app Acorns, blank-check Pioneer end $2.2 bln merger	22-01-18	RE
Acorns Grow Incorporated cancelled the acquisition of Pioneer Merger Corp. from Pioneer Merger Sponsor LLC and others in a reverse merger transaction.	22-01-14	CI
Pioneer Merger Corp. Appoints Seth Wunder as Its First Chief Investment Officer	21-10-12	CI
Certain Class B Ordinary Shares of Pioneer Merger Corp. are subject to a Lock-Up Agreement Ending on 7-JUL-2021.	21-07-06	CI
Pioneer Merger : Investing App Acorns Grow to Go Public Via Merger With Pioneer Merger	21-05-27	MT
Fintech Startup Acorns to Go Public in $2 Billion SPAC Deal -- Update	21-05-27	DJ
Pioneer Merger : Acorns Grow to Go Public by Combining with Pioneer Merger in $2.2 Billion Deal	21-05-27	MT
Fintech Startup Acorns to Go Public in $2 Billion SPAC Deal	21-05-27	DJ
Acorns Grow Incorporated entered into non-binding letter of intent to acquire Pioneer Merger Corp. from Pioneer Merger Sponsor LLC and others for $1.5 billion in a reverse merger transaction.	21-05-26	CI
Pioneer Merger Corp.(NasdaqCM:PACX) added to NASDAQ Composite Index	21-03-02	CI
Pioneer Merger Corp. announced that it has received $10.05 million in funding from Pioneer Merger Sponsor Llc	21-01-11	CI
Pioneer Merger Corp. has completed an IPO in the amount of $350 million.	21-01-08	CI
Pioneer Merger Corp. has filed an IPO in the amount of $350 million.	20-12-21	CI

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Company Profile

Pioneer Merger Corp. is a blank check company. The Company is created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company has no business operations. The Company has no revenues.

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