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Pine Island Acquisition Priced, NYSE: PIPP.U

Blank check company formed by Pine Island Capital Partners targeting the defense industry (liquidated).

Industry: SPAC

First Day Return: -0.7%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an initial business combination with a company in any sector, we intend to focus our search on defense, government service and aerospace businesses, which complements the expertise of our management team, directors and the Pine Island Capital Partners team. Our sponsor is an entity affiliated with Pine Island Capital Partners. Pine Island Capital Partners is a private equity firm founded in 2018 by John Thain and Philip Cooper on the idea that a talented group of accomplished, highly respected, commercially-savvy and long-tenured former government and military officials, when fully aligned and engaged, could enable a first class investment team with better access, better information, better expertise and better management skills than those typically found in private equity firms. Our management team’s experience is complemented by our directors and the Pine Island Capital Partners team, who bring invaluable insight into the industry landscape, deep knowledge of the industry and unparalleled defense and government experience. We believe that the combined capabilities of Mr. Thain, Mr. Cooper, Mr. Bridge, and the entire Pine Island Capital Partners partnership position our team to source and execute an attractive initial business combination for our stockholders.
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Pine Island Acquisition (PIPP.U) Performance