Pine Island Acquisition Corp.

General Information
Business:

We intend to focus our search on defense, government service and aerospace businesses, which complements the expertise of our management team, directors and the Pine Island Capital Partners team. Our sponsor is an affiliate of Pine Island Capital Partners, a private equity firm established in 2018 by John A. Thain and Philip A. Cooper.

John A. Thain is our chairman of the board. He was the last chairman and CEO of Merrill Lynch & Co. before orchestrating a sale to Bank of America during the height of the financial crisis. He also was previously the CEO of the New York Stock Exchange. 

Philip A. Cooper is our CEO. He was a partner at Goldman Sachs, where he helped found and lead the Goldman Sachs Private Equity Group.

(Note: The IPO was downsized at pricing on Nov. 16: 20 million units were sold at $10 each. In an SEC filing on Nov. 13, 2020, the size of this SPAC IPO was trimmed to 25 million units, compared with 30 million in its initial filing.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2020
Contact Information
Address 2455 E. Sunrise Blvd. Suite 1205 Fort Lauderdale, FL 33304
Phone Number (954) 526-4865
Web Address
View Prospectus: Pine Island Acquisition Corp.
Financial Information
Market Cap $275.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol PIPP.U
Exchange NYSE
Shares (millions): 20.0
Price range $10.00 - $10.00
Est. $ Volume $200.0 mil
Manager / Joint Managers Citigroup
CO-Managers -
Expected To Trade: 11/17/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change