Pinnacle Acquisition Corporation Announces Pricing of $200 Million Initial Public Offering

Pinnacle Acquisition Corporation, a blank check company, priced its IPO of 20 million units at $10.00 per unit on the NYSE under ticker 'PNAQ.U'. Each unit includes one Class A ordinary share and a right to receive 1/8 of a Class A share upon business combination completion. The offering is expected to close on August 10, 2026, with Santander and CIBC Capital Markets as joint book-running managers.