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(Incorporated in the Cayman Islands)
We are a newly organized blank check company, also known as a SPAC. We have not selected a target sector or region.
We intend to focus on companies with an enterprise value between $200 million and $2 billion – as well as revenues between $50 million and $500 million – and a strong management teams as we conduct our search for a suitable acquisition target.
Our CEO Wei Qian, who is also our CFO and the chairman of our board, has served as the director of capital markets at Fusion Park, LLC, a U.S.-based firm specializing in climate change tech investments and consulting, since March 2023. He has also been the CEO, CFO and a director of Piermont Valley Acquisition Corp. since July 2025. Mr. Qian’s previously served as the general manager in the New York office of Cathay Holding Corp., a private equity firm, from May 2021 to March 2023. He also served as the interim CEO of Hemp Logic Inc., a U.S.-based CBD company, to spearhead its expansion in China, from August 2020 to May 2021. Mr. Qian’s career began in 2011. He has had experience in private equity and venture capital, focusing on these three sectors – climate tech, healthcare and technology, media and telecommunications (TMT).
(Note: Pine Tree Acquisition Corp. priced its SPAC IPO in sync with the terms in the prospectus – 10 million units at $10.00 each – and raised $100 million on Monday night, Oct. 5, 2026. Each unit consists of one share and one right to receive three-fourths (3/4) of a share upon the consummation of its initial business combination. Background: Pine Tree Acquisition changed the right’s composition of its unit to the terms described above – in an S-1/A filing on Sept. 29, 2026. Previously, the right’s portion consisted of one right to receive one-tenth (1/10) of a share upon completion of the initial business combination. Pine Tree Acquisition filed the S-1 for its SPAC IPO on Dec. 19, 2025.)
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