| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
22 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
9 |
| Cash Flow (TTM) (Millions $) |
1 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Pine Island Acquisition Corp. is a special purpose acquisition company (SPAC) based in the United States. The company's main objective is to acquire and merge with an existing operating business or businesses. SPACs like Pine Island typically raise funds through an initial public offering (IPO) and then use these funds to identify and acquire target companies within a specific timeframe. Once a suitable target is identified, Pine Island will merge with the target company, allowing it to go public without the traditional IPO process. This enables the target company to access the public markets, resulting in potential growth opportunities and liquidity for both Pine Island and the target.
Company Address: 2455 E. Sunrise Blvd. Suite 1205 Fort Lauderdale, 33304 FL
Company Phone Number: 526-4865 Stock Exchange / Ticker: NYSE PIPP
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