Pegasus Digital Mobility Acquisition in a proxy filing called an April 19 meeting for shareholders to vote on another deadline extension. If approved the SPAC would add 10 cents a share into trust. The proposal also calls for a discretionary extension that would allow the board to push the deadline into December without further shareholder approval.
After the last extension wass approved in January, the Pegasus sponsor poured $2.25 million into trust.
Pegasus Digital raised $200 million in an October 2021 IPO. The SPAC is targeting the next-generation transportation sector. Read more.
Source: Pegasus Digital Mobility Acquisition Sets Extension Vote Date