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Pinnacle Acquisition (PNAQ) 8-K Filings

PNAQ NYSE

Here are the 8-K filings from Pinnacle Acquisition Corp (PNAQ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

An 8-K covers material events a company has to report between its quarterly reports, so if you follow PNAQ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PNAQ filings page.

Rhea-AI Summary

Pinnacle Acquisition Corp. (PNAQ) reported that its sponsor, PAC Sponsor, LLC, forfeited 750,000 Class B ordinary shares after the underwriters’ 45-day over-allotment option expired without exercise; the company cancelled the shares. The forfeiture was to maintain the sponsor’s 20.0% ownership of issued and outstanding ordinary shares, excluding Class A shares underlying its private-placement units.

Starting September 25, 2026, holders may elect to separate the Class A ordinary shares and rights included in their units. Separated shares and rights are expected to trade as PNAQ and PNAQ.RT, while units that remain intact continue trading as PNAQ.U. To separate units, holders need their brokers to contact transfer agent Continental Stock Transfer & Trust Company. The August 10, 2026 IPO comprised 20,000,000 units sold at $10.00 each, generating $200 million in gross proceeds.

Rhea-AI Summary

Pinnacle Acquisition Corporation, a Cayman Islands blank check company, reported the closing of its initial public offering, selling 20,000,000 Units at $10.00 each for $200,000,000 in gross proceeds. Each Unit consists of one Class A ordinary share and one right to receive one-eighth of a Class A share upon completion of a Business Combination. A concurrent private placement of 225,000 Units at $10.00 to the sponsor generated an additional $2,250,000. A total of $200,000,000, or $10.00 per public share, was deposited into a U.S.-based trust account, including up to $6,000,000 of deferred underwriting commissions.

The company entered into a First Amendment to its underwriting agreement, eliminating the $0.30 per Unit deferred underwriting discount on 2,250,000 Units purchased in the IPO by two sponsor-affiliated co-managing members and their permitted transferees. As a result, the current maximum deferred underwriting discount is $5,325,000 (or up to $6,225,000 if the over-allotment option is fully exercised). The audited balance sheet shows total assets of $201,499,472, including $200,000,000 in the trust and $1,478,746 of cash, against $200,000,000 of Class A shares subject to redemption and a shareholders’ deficit, reflecting typical SPAC capitalization at inception.

Rhea-AI Summary

Pinnacle Acquisition Corporation, a Cayman Islands blank check company, completed its initial public offering of 20,000,000 units at $10.00 per unit, generating $200,000,000 in gross proceeds. Each unit includes one Class A ordinary share and one right to receive one-eighth of a Class A ordinary share upon completion of an initial business combination. The units trade on the NYSE under “PNAQ.U,” with the Class A shares and rights expected to trade separately as “PNAQ” and “PNAQ.RT.”

The company also sold 225,000 private placement units at $10.00 each to its sponsor for $2,250,000. A total of $200,000,000, including up to $6,000,000 of deferred underwriting discounts and commissions, was deposited into a U.S. trust account. These funds may be used only for a business combination or redemptions, with a deadline of 21 months from the IPO closing. Pinnacle appointed a full board and committees, entered into indemnity and other governance agreements, and adopted amended and restated memorandum and articles of association effective August 6, 2026.