Peace Acquisition Corp. (PECEU) Prices $60M IPO

Peace Acquisition Corp. (NASDAQ:PECEU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PECEU” on Friday, May 22, 2026.

The new SPAC plans to focus its initial target search on businesses throughout Asia.

Peace Acquisition Corp. is to be led by Chairman and Chief Executive Officer Fangping Zheng and Chief Financial Officer Dan Jiang. Joel Mayersohn, Jiangang Luo and Sanxin Yan will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 94. This offering is expected to close on Tuesday, May 26, 2026.

EarlyBirdCapital, Inc. is acting as the book-running manager for the offering. Graubard Miller LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Continental Transfer & Trust Company is acting as trustee.