Pegasus Digital Mobility Extends Deadline to April, Pours $2.25M into Trust

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.

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