Pinnacle Acquisition (PNAQ) PAC Sponsor, LLC Buys 225,000 Shares

What Happened
PAC Sponsor, LLC (a 10% owner and the sponsor of Pinnacle Acquisition Corp, PNAQ) acquired 225,000 Class A ordinary shares on 2026-08-10 at $10.00 per share, for a total purchase price of $2,250,000. The shares were acquired as underlying private placement units pursuant to a Private Placement Units Purchase Agreement.

Key Details

• Transaction date and price: 2026-08-10 — 225,000 shares at $10.00 each (total $2,250,000).
• Transaction code: P (Purchase).
• Filing date: 2026-08-12 (appears timely; Form 4 must be filed within two business days).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: The reported shares represent shares underlying the private placement units (each unit = one Class A share plus a right to receive 1/8 of a Class A share upon the issuer’s initial business combination). This does not include previously reported ownership of 5,750,000 Class B founder shares that will convert into Class A shares at the time of the initial business combination (or earlier at holder’s option).

Context
This purchase reflects activity by the sponsor entity (an insider/affiliate of the SPAC), not an individual executive. Private placement units are common in SPAC financings and the reported stake here relates to those units rather than newly issued open-market Class A purchases. The filing is factual and does not indicate motivations; purchases by sponsors can reflect structural financing arrangements rather than a simple market-confidence signal.