SEC Form 4 · accession 0001213900-26-102651
Pinnacle Acquisition Corp · PNAQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
PAC Sponsor, LLC
10% Owner
Period of report
Sep 21, 2026
Accepted (ET)
Sep 23, 2026 · 4:33 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002123955
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Ordinary SharesF2,F3,F1 | — | Sep 21, 2026 | J | 750,000 | D | — | — | Class A Ordinary Shares | 750,000 | 5,000,000 | D |
Explanation of responses
- F1As described in the Registration Statement on Form S-1 (File No. 333-297618) of Pinnacle Acquisition Corporation (the "Issuer") under the heading "Description of Securities--Founder Shares," the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date. No consideration is payable upon conversion.
- F2As contemplated in connection with the initial public offering of the Issuer, as a result of the underwriters' choice of not to exercise of the over-allotment option, 750,000 Class B ordinary shares were surrendered by PAC Sponsor, LLC (the "Sponsor") to the Issuer for no consideration.
- F3Represents shares held by the Sponsor. Steven K. Hudson and AVR Capital Holdings, LLC, an affiliate of Andrew Rechtschaffen, are the co-managing members of the Sponsor and control the management of the Sponsor, including the exercise of voting and investment discretion over the securities held by the Sponsor. Mr. Hudson and AVR Capital Holdings, LLC disclaim any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.