Pegasus Digital Mobility Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on December 13, 2021
10 Dicembre 2021 - 10:02PM
Business Wire
Pegasus Digital Mobility Acquisition Corp. (NYSE: PGSS.U) (the
“Company”), a special purpose acquisition company founded by
Strategic Capital Fund Management, LLC (“Strategic Capital”),
announced that, commencing on December 13, 2021, holders of the
units sold in the Company’s initial public offering may elect to
separately trade the Company’s Class A ordinary shares and warrants
included in the units. No fractional warrants will be issued upon
separation of the units and only whole warrants will trade. The
Class A ordinary shares and warrants that are separated will trade
on the New York Stock Exchange under the symbols “PGSS” and
“PGSS.WS,” respectively. Those units not separated will continue to
trade on the New York Stock Exchange under the symbol “PGSS.U.”
Holders of units will need to have their brokers contact
Continental Stock Transfer & Trust Company, the Company’s
transfer agent, in order to separate the units into Class A
ordinary shares and warrants.
The offering was made only by means of a prospectus. Copies of
the prospectus may be obtained from Barclays Capital Inc., c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, or by telephone at 888-603-5847, or by email at
Barclaysprospectus@broadridge.com.
A registration statement relating to these securities has been
filed with the Securities and Exchange Commission (the “SEC”) and
was declared effective on October 21, 2021. This press release
shall not constitute an offer to sell or the solicitation of an
offer to buy the securities of the Company, nor shall there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
"forward-looking statements." All statements other than statements
of historical fact included in this press release are
forward-looking statements. Forward-looking statements are subject
to numerous conditions, many of which are beyond the control of the
Company, including those set forth in the “Risk Factors” section of
the Company’s registration statement and final prospectus for the
offering filed with the SEC. Copies are available on the SEC’s
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
About Pegasus Digital Mobility Acquisition Corp.
The Company is a newly-incorporated, blank check company
incorporated as a Cayman Islands exempted entity. The Company was
founded by Strategic Capital, an investment management organization
focused on digital economy investments, and the Company is led by
Dr. Sir Ralf Speth, F. Jeremey Mistry, and Dr. Stefan Berger. The
Company is a new special purpose acquisition company formed for the
purpose of effecting a business combination with one or more
businesses. While the Company may pursue an initial business
combination target in any business, industry, sector or
geographical location, it intends to focus its search on target
businesses within the next-generation transportation sector with
exposure to energy transformation and digital mobility tailwinds,
particularly in the European market. The Company believes this
business sector is in the early stages of a generational growth
trend that is accelerating as a result of energy transformation
through the rise of zero emission transportation, as well as the
digitization of mobility through artificial intelligence, wireless
connectivity and software applications.
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version on businesswire.com: https://www.businesswire.com/news/home/20211210005076/en/
Robert Bruce Chief Marketing Officer Strategic Capital Fund
Management, LLC rbruce@scfundmanagement.com
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