Pioneer Acquisition I Corp 1Q 2026: Net income $1.99M, EPS $0.06— 10-Q Summary

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2026.05.15 12:41
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Pioneer Acquisition I Corp reported a net income of $1.99M for Q1 2026, a significant increase from a loss of $(27.5K) in Q1 2025. The diluted earnings per share were $0.06. The company completed its IPO and private warrant sale, with proceeds held in trust for a future business combination, while incurring expenses related to legal and due diligence efforts.