Pegasus Digital Mobility Acquisition, founded by Strategic Capital Fund Management, announced that it has funded the trust account with a $2.25 million payment for the first three-month extension until April 26.
In addition, the SPAC said it issued a working capital promissory note to Strategic Capital for $2.25 million. The promissory note is non-interest bearing.
Pegasus Digital raised $200 million in an October 2021 IPO. The SPAC is targeting the next-generation transportation sector. Read more.
