Glazer Capital, LLC Reports New 5.47% Passive Stake in Pioneer Acquisition I Corp

On May 14, 2026, Glazer Capital, LLC and its Managing Member, Paul J. Glazer, filed a Schedule 13G disclosing a new 5.47% stake in Pioneer Acquisition I Corp (PACH). The reporting persons reported beneficial ownership of 1,210,643 Class A ordinary shares, which are held by various funds and managed accounts for which Glazer Capital serves as the investment manager. Specifically, the Glazer Capital Enhanced Master Fund, Ltd. was identified as having the right to receive or direct the proceeds from more than 5% of the outstanding shares. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Both Glazer Capital and Paul J. Glazer share voting and dispositive power over the reported shares. This initial filing marks a significant new position for the investment manager, crossing the 5% ownership threshold as of the event date on March 31, 2026.