ESG-focused Project Energy Reimagined Acquisition filed a proxy in which it seeks a deadline extension from Aug. 2 to May 2, 2024.
The SPAC in May said it has signed a non-binding letter of intent for a business combination with an unnamed company. As noted in the proxy, a definitive agreement has yet to be executed.
The SPAC raised $250 million in an October 2021 IPO to focus its search on high-potential ESG targets within the advanced renewable energy “Grid 2.0” value-chain. Read more.
