RECHTSCHAFFEN ANDREW purchased 1.23M shares of PINNACLE ACQUISITION CORP on the open market
Open‑market purchase worth $12.25M. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 8/12/2026ACC: 0001213900-26-088542
Director10% Owner
Since Aug 2026
+1.23M
Net shares
Net buyer
$12.25M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
1.23M acquired
Non-Derivative Transactions2
Class A Ordinary Shares
Indirect
Shares
+225K
Price / share
$10.00
Trade value
$2.25M
% of position
New position
8/10/2026
0.00→225K
Class A Ordinary Shares
Indirect
Shares
+1M
Price / share
$10.00
Trade value
$10M
% of position
444.4%
8/10/2026
225K→1.23M
Total
Net shares
+1.23M
Net value
$12.25M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Ordinary Shares Indirect | 8/10/2026 | P · Purchase | +225K | $10.00 | $2.25M | New position | 0.00 | 225K |
| Class A Ordinary Shares Indirect | 8/10/2026 | P · Purchase | +1M | $10.00 | $10M | 444.4% | 225K | 1.23M |
| Total | +1.23M | $12.25M | ||||||
Derivative Transactions0
No derivative transactions reported