PECEU Peace Acquisition Corp.
Price Chart
Executive Summary
Peace Acquisition Corp. completed its IPO of 6,000,000 units at $10.00/unit, raising $60,000,000 in gross proceeds. The SPAC will focus on acquiring businesses in Asia (excluding Mainland China, Hong Kong, and Macau), with $60,300,000 placed in trust. This is a routine SPAC IPO with no immediate trading catalyst beyond the listing itself.
Key Financial Metrics
Actionable Insight
Monitor for initial business combination target announcement, which will drive unit price toward trust value plus potential premium. The Asia focus (ex-China/HK/Macau) narrows the target pool; any definitive agreement will trigger a re-rating.
Key Facts
- 6,000,000 units sold at $10.00/unit, gross proceeds $60,000,000
- Each unit consists of one ordinary share, one right (1/5 share upon business combination), and one warrant ($11.50 strike)
- $60,300,000 placed in trust from IPO and simultaneous private placement
- Underwriters have a 45-day option for up to 900,000 additional units
- Focus on Asia-based businesses, excluding Mainland China, Hong Kong, and Macau
- Units trade on Nasdaq under PECEU; shares, rights, and warrants expected to list separately under PECE, PECER, and PECEW
Financial Impact
Gross proceeds of $60,000,000 from IPO; $60,300,000 placed in trust
Risk Factors
- No identified target yet — SPAC may fail to complete a business combination within required timeframe
- Warrant dilution risk upon exercise ($11.50 strike) if shares trade above that level post-combination
- Asia-focused mandate may limit deal pipeline and increase competition for quality targets
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3301428 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
12d ago
|
8-K
| $10.12 $10.30 | ▲ +1.78% | ▲ +1.38% | $10.47 (+3.46%) |
|
Jun 2, 2026
12d ago
|
Press Release
| $10.12 $10.30 | ▲ +1.78% | ▲ +1.37% | $10.47 (+3.46%) |
|
Jun 1, 2026
13d ago
|
8-K
| $10.07 $10.12 | ▲ +0.50% | ▲ +1.22% | $10.47 (+3.97%) |
|
May 26, 2026
19d ago
|
Press Release
| $10.04 $10.05 | ▲ +0.10% | ▼ −0.45% | $10.47 (+4.28%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access