Pioneer Acquisition I, a blank check company targeting the healthcare sector, filed on Thursday with the SEC to raise up to $220 million in an initial public offering. The company plans to raise $220 million by offering 22 million units at $10. Pioneer Acquisition I is led by CEO and Director Mitchell Creem, who currently serves as a Principal at GreenRock Capital and President of The Bridgewater Healthcare Group. The SPAC plans to target the healthcare or healthcare-related industries, focusing on businesses with enterprise values between $160 million and $2 billion.
Read the full article: Healthcare SPAC Pioneer Acquisition I Files for a $220M IPO //
Source: https://www.renaissancecapital.com/IPO-Center/News/111233/Healthcare-SPAC-Pioneer-Acquisition-I-files-for-a-$220-million-IPO