Pegasus Digital Mobility Acquisition Sets Extension Vote Date

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.

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