10-Q Filing

Pioneer Acquisition I Corp CIK: 2040381 Q2 2025

Filing Information

Form Type	10-Q
Accession Number	`0001829126-25-006316`
Period End Date	20250630
Filing Date	20250814
Fiscal Year	2025
Fiscal Period	Q2
XBRL Instance	pioneeracq1_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 20 Cash Flow Statement 40 Stockholders Equity 26

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.09K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.09K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$944.92K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$944.92K	USD	Point-in-time
Preference stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Due from sponsor	`DueFromSponsorCurrent`	-	USD	Point-in-time
Due from sponsor	`DueFromSponsorCurrent`	-	USD	Point-in-time
Due from sponsor	`DueFromSponsorCurrent`	$28.60K	USD	Point-in-time
Due from sponsor	`DueFromSponsorCurrent`	$28.60K	USD	Point-in-time
Preference stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preference stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preference stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preference stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$25.09K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$25.09K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$973.52K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$973.52K	USD	Point-in-time
Preference stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preference stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preference stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preference stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred offering costs associated with proposed public offering	`DeferredOfferingCosts`	$170.80K	USD	Point-in-time
Deferred offering costs associated with proposed public offering	`DeferredOfferingCosts`	$170.80K	USD	Point-in-time
Deferred offering costs associated with proposed public offering	`DeferredOfferingCosts`	-	USD	Point-in-time
Deferred offering costs associated with proposed public offering	`DeferredOfferingCosts`	-	USD	Point-in-time
Preference stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preference stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash held in Trust Account	`AssetsHeldInTrust`	$253.19M	USD	Point-in-time
Cash held in Trust Account	`AssetsHeldInTrust`	$253.19M	USD	Point-in-time
Preference stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preference stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash held in Trust Account	`AssetsHeldInTrust`	-	USD	Point-in-time
Cash held in Trust Account	`AssetsHeldInTrust`	-	USD	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$171.19K	USD	Point-in-time
Prepaid insurance	`PrepaidInsurance`	$171.19K	USD	Point-in-time
Total Assets	`Assets`	$254.33M	USD	Point-in-time
Total Assets	`Assets`	$254.33M	USD	Point-in-time
Total Assets	`Assets`	$195.89K	USD	Point-in-time
Total Assets	`Assets`	$195.89K	USD	Point-in-time
Accrued offering expenses	`OtherAccruedLiabilitiesCurrent`	$170.80K	USD	Point-in-time
Accrued offering expenses	`OtherAccruedLiabilitiesCurrent`	$170.80K	USD	Point-in-time
Accrued offering expenses	`OtherAccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued offering expenses	`OtherAccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued expenses and accounts payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$55.24K	USD	Point-in-time
Accrued expenses and accounts payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$55.24K	USD	Point-in-time
Accrued expenses and accounts payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$25.50K	USD	Point-in-time
Accrued expenses and accounts payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$25.50K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$226.04K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$226.04K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.50K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.50K	USD	Point-in-time
Deferred underwriting commission	`DeferredUnderwritingCommission`	-	USD	Point-in-time
Deferred underwriting commission	`DeferredUnderwritingCommission`	-	USD	Point-in-time
Deferred underwriting commission	`DeferredUnderwritingCommission`	$12.04M	USD	Point-in-time
Deferred underwriting commission	`DeferredUnderwritingCommission`	$12.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$226.04K	USD	Point-in-time
Total liabilities	`Liabilities`	$226.04K	USD	Point-in-time
Class A ordinary shares, $0.0001 par value; 25,300,000 and -0- shares subject to possible redemption at $10.01 per share at June 30, 2025 and December 31, 2024 respectively	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Class A ordinary shares, $0.0001 par value; 25,300,000 and -0- shares subject to possible redemption at $10.01 per share at June 30, 2025 and December 31, 2024 respectively	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Class A ordinary shares, $0.0001 par value; 25,300,000 and -0- shares subject to possible redemption at $10.01 per share at June 30, 2025 and December 31, 2024 respectively	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$253.19M	USD	Point-in-time
Class A ordinary shares, $0.0001 par value; 25,300,000 and -0- shares subject to possible redemption at $10.01 per share at June 30, 2025 and December 31, 2024 respectively	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$253.19M	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of June 30, 2025 and December 31, 2024	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of June 30, 2025 and December 31, 2024	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of June 30, 2025 and December 31, 2024	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of June 30, 2025 and December 31, 2024	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.37K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.37K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-10.93M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-10.93M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-55.15K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-55.15K	USD	Point-in-time
Total shareholders deficit	`StockholdersEquity`	$-57.64K	USD	Point-in-time
Total shareholders deficit	`StockholdersEquity`	$-57.64K	USD	Point-in-time
Total shareholders deficit	`StockholdersEquity`	$-10.93M	USD	Point-in-time
Total shareholders deficit	`StockholdersEquity`	$-10.93M	USD	Point-in-time
Total shareholders deficit	`StockholdersEquity`	$-30.15K	USD	Point-in-time
Total shareholders deficit	`StockholdersEquity`	$-30.15K	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$195.89K	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$195.89K	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$254.33M	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$254.33M	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$106.11K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$106.11K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$133.85K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$133.85K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-133.85K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-133.85K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-106.11K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-106.11K	USD	1 Quarter
Other income	`OtherIncome`	$501.00	USD	2 Qtrs
Other income	`OtherIncome`	$501.00	USD	2 Qtrs
Other income	`OtherIncome`	$250.00	USD	1 Quarter
Other income	`OtherIncome`	$250.00	USD	1 Quarter
Unrealized gain on investments held in trust account	`UnrealizedGainLossOnInvestments`	$187.42K	USD	1 Quarter
Unrealized gain on investments held in trust account	`UnrealizedGainLossOnInvestments`	$187.42K	USD	1 Quarter
Unrealized gain on investments held in trust account	`UnrealizedGainLossOnInvestments`	$187.42K	USD	2 Qtrs
Unrealized gain on investments held in trust account	`UnrealizedGainLossOnInvestments`	$187.42K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$54.07K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$54.07K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$81.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$81.56K	USD	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$54.07K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$54.07K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$81.56K	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.56K	USD	1 Quarter
Changes in current assets and liabilities:	`IncreaseDecreaseInOperatingCapital`	-	USD	2 Qtrs
Changes in current assets and liabilities:	`IncreaseDecreaseInOperatingCapital`	-	USD	2 Qtrs
Unrealized gain on investments held in Trust Account	`UnrealizedGainOnInvestmentsHeldInTrustAccount`	$187.42K	USD	2 Qtrs
Unrealized gain on investments held in Trust Account	`UnrealizedGainOnInvestmentsHeldInTrustAccount`	$187.42K	USD	2 Qtrs
Prepaid insurance	`IncreaseDecreaseInPrepaidExpense`	$171.19K	USD	2 Qtrs
Prepaid insurance	`IncreaseDecreaseInPrepaidExpense`	$171.19K	USD	2 Qtrs
Increase in due from sponsor	`IncreaseDecreaseInOtherAccountsPayable`	$-28.60K	USD	2 Qtrs
Increase in due from sponsor	`IncreaseDecreaseInOtherAccountsPayable`	$-28.60K	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-29.74K	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-29.74K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-362.88K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-362.88K	USD	2 Qtrs
Cash deposited in Trust Account	`CashDepositedInTrustAccount`	$-253.00M	USD	2 Qtrs
Cash deposited in Trust Account	`CashDepositedInTrustAccount`	$-253.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInInvestingActivities`	$-253.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInInvestingActivities`	$-253.00M	USD	2 Qtrs
Gross proceeds from initial public offering	`ProceedsFromIssuanceInitialPublicOffering`	$253.00M	USD	2 Qtrs
Gross proceeds from initial public offering	`ProceedsFromIssuanceInitialPublicOffering`	$253.00M	USD	2 Qtrs
Proceeds from private placement	`ProceedsFromIssuanceOfPrivatePlacement`	$6.40M	USD	2 Qtrs
Proceeds from private placement	`ProceedsFromIssuanceOfPrivatePlacement`	$6.40M	USD	2 Qtrs
Cash paid for underwriting fee	`CashPaidForUnderwritingFee`	$4.40M	USD	2 Qtrs
Cash paid for underwriting fee	`CashPaidForUnderwritingFee`	$4.40M	USD	2 Qtrs
Payment of offering costs	`PaymentOfOfferingCosts`	$717.29K	USD	2 Qtrs
Payment of offering costs	`PaymentOfOfferingCosts`	$717.29K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$254.28M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$254.28M	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$919.83K	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$919.83K	USD	2 Qtrs
Cash beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$944.92K	USD	Point-in-time
Cash beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$944.92K	USD	Point-in-time
Cash beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.09K	USD	Point-in-time
Cash beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.09K	USD	Point-in-time
Cash end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$944.92K	USD	Point-in-time
Cash end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$944.92K	USD	Point-in-time
Cash end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.09K	USD	Point-in-time
Cash end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.09K	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Balance March 31, 2025 (unaudited)	`StockholdersEquity`	$-57.64K	USD	Point-in-time
Balance March 31, 2025 (unaudited)	`StockholdersEquity`	$-57.64K	USD	Point-in-time
Balance March 31, 2025 (unaudited)	`StockholdersEquity`	$-10.93M	USD	Point-in-time
Balance March 31, 2025 (unaudited)	`StockholdersEquity`	$-10.93M	USD	Point-in-time
Balance March 31, 2025 (unaudited)	`StockholdersEquity`	$-30.15K	USD	Point-in-time
Balance March 31, 2025 (unaudited)	`StockholdersEquity`	$-30.15K	USD	Point-in-time
Issuance of private units	`PartnersCapitalAccountPrivatePlacementOfUnits`	$6.40M	USD	1 Quarter
Issuance of private units	`PartnersCapitalAccountPrivatePlacementOfUnits`	$6.40M	USD	1 Quarter
Fair value of public warrants	`FairValueOfPublicWarrants`	$3.88M	USD	1 Quarter
Fair value of public warrants	`FairValueOfPublicWarrants`	$3.88M	USD	1 Quarter
Allocated value of transaction costs to Public and Private warrants	`AllocatedValueOfTransactionCostsToPublicAndPrivateWarrants`	$-269.82K	USD	1 Quarter
Allocated value of transaction costs to Public and Private warrants	`AllocatedValueOfTransactionCostsToPublicAndPrivateWarrants`	$-269.82K	USD	1 Quarter
Accretion for Class A ordinary shares subject to redemption amount	`AccretionForClassOrdinarySharesSubjectToRedemptionAmount`	$-20.96M	USD	1 Quarter
Accretion for Class A ordinary shares subject to redemption amount	`AccretionForClassOrdinarySharesSubjectToRedemptionAmount`	$-20.96M	USD	1 Quarter
Reclass of additional paid-in capital to accumulated deficit	`ReclassOfAdditionalPaidInCapitalToAccumulatedDeficit`	-	USD	1 Quarter
Reclass of additional paid-in capital to accumulated deficit	`ReclassOfAdditionalPaidInCapitalToAccumulatedDeficit`	-	USD	1 Quarter
Net income	`ProfitLoss`	$-27.49K	USD	1 Quarter
Net income	`ProfitLoss`	$-27.49K	USD	1 Quarter
Net income	`ProfitLoss`	$81.56K	USD	1 Quarter
Net income	`ProfitLoss`	$81.56K	USD	1 Quarter
Balance June 30, 2025 (unaudited)	`StockholdersEquity`	$-57.64K	USD	Point-in-time
Balance June 30, 2025 (unaudited)	`StockholdersEquity`	$-57.64K	USD	Point-in-time
Balance June 30, 2025 (unaudited)	`StockholdersEquity`	$-10.93M	USD	Point-in-time
Balance June 30, 2025 (unaudited)	`StockholdersEquity`	$-10.93M	USD	Point-in-time
Balance June 30, 2025 (unaudited)	`StockholdersEquity`	$-30.15K	USD	Point-in-time
Balance June 30, 2025 (unaudited)	`StockholdersEquity`	$-30.15K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.