Pine Island Acquisition Corp.
PIPP-UN
New York Stock Exchange10.02
USD
- -
- -
CIK
0001822835
Return %
Stock
S&P500
1Y
0.47
26.53
3Y
0.93
76.60
5Y
0.93
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Philip A. Cooper
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2455 East Sunrise Boulevard Fort Lauderdale FL United States of America 33304
- IPO Date
- Nov 17, 2020
- CIK
- 0001822835
- Website
- pineislandac.com
- Similar Companies
- Business
- Pine Island Acquisition Corp. (PIPP) was a special purpose acquisition company incorporated in 2020 and based in Fort Lauderdale, Florida. Its objective was to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more enterprises. The company intended to focus its efforts on businesses within the aerospace, defense, and government services sectors. However, Pine Island Acquisition Corp. announced its decision to dissolve and liquidate its trust, effective October 28, 2022, as it did not complete a business combination within the stipulated timeframe. Subsequently, its public shares were redeemed at approximately $10.04 per share, and its warrants expired without value. The company's securities ceased trading on the New York Stock Exchange as of October 27, 2022.