Deal facts
- Buyer
- Pioneer Acquisition I Corp
- Target
- Green AI Cloud, Inc.
- Deal value
- USD 300,000,000
- Announced
- 6 October 2026
- Status
- Firm intention
- Sector
- Technology
- Country
- United States
- Consideration
- shares, earn-out
Sources
Pioneer Acquisition I Corp has agreed to acquire Green AI Cloud, Inc. in a strategic transaction announced on 6 October 2026. The deal values the equity of the technology company at 300 million US dollars. Both the acquirer and the target are based in the United States. The consideration for this acquisition consists of shares and an earn-out component. This structure suggests a combination of immediate equity exchange and future performance-based payments. Green AI Cloud operates within the technology sector. The transaction represents a significant move for Pioneer Acquisition I Corp, which is acquiring the entire equity stake. No completion date has been reported for this deal. The parties have expressed firm intention to proceed with the acquisition. Regulatory approvals and other standard closing conditions remain outstanding. The specific terms of the earn-out are not detailed in the available information. This acquisition highlights the continued activity in the US technology market. The deal is currently in the firm intention stage. Further updates may be provided as the transaction progresses through necessary approvals. The total value reflects the agreed equity price. No cash component is mentioned in the consideration type. The strategic nature of the deal implies a long-term partnership or integration plan. The announcement date marks the public disclosure of these terms.
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1 update- Firm intention
Pioneer Acquisition I Corp firm intention to acquire Green AI Cloud, Inc.
Item 1.01 Entry Into A Material Definitive Agreement. Business Combination Agreement General Description of the Business Combination Agreement On October 6, 2026, Pioneer Acquisition I Corp, a Cayman Islands exempted company (“ Pioneer ” or “ SPAC ”), entered into a Business Combination Agreement (the “ Business Combination Agreement ”) with Green AI Cloud, Inc., a Delaware corporation (“ Green AI
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Buyer history
Pioneer Acquisition I Corp
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