false 0001861541 KY 0001861541 2023-12-29 2023-12-29 0001861541 pgss:UnitsEachConsistingOfOneClassOrdinaryShareAndOnehalfOfOneRedeemableWarrantMember 2023-12-29 2023-12-29 0001861541 us-gaap:CommonClassAMember 2023-12-29 2023-12-29 0001861541 pgss:RedeemableWarrantsEachExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember 2023-12-29 2023-12-29 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

December 29, 2023

Date of Report (date of earliest event reported)

 

 

Pegasus Digital Mobility Acquisition Corp.

(Exact name of Registrant as specified in its charter)

 

 

Cayman Islands   001-40945   98-1596591
(State or other jurisdiction of
incorporation or organization)		   (Commission
File Number) 		  (I.R.S. Employer
Identification Number)

 

71 Fort Street

George Town

Grand Cayman

Cayman Islands

   KY1-1106
(Address of principal executive offices)   (Zip Code)

 

+1345 769-4900

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading
Symbols		   Name of each exchange
on which registered
Units, each consisting of one Class A Ordinary Share and one-half of one redeemable Warrant   PGSS.U   New York Stock Exchange
Class A Ordinary Shares, par value $0.0001 per share   PGSS   New York Stock Exchange
Redeemable Warrants, each exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share   PGSS.WS   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 8.01 Other Events.

 

On December 29, 2023, the Company issued a press release to announce the extension of the period of time the Company has to consummate its proposed transaction until April 30, 2024. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits

 

Exhibit
Number  		    
   
99.1   Press Release dated December 29, 2023
   
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

-2-

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: December 29, 2023 Pegasus Digital Mobility Acquisition Corp.
   
  By: /s/ F. Jeremey Mistry
  Name: F. Jeremey Mistry
  Title: Chief Financial Officer and Secretary

 

-3-

 

 

Exhibit 99.1

 

Pegasus Digital Mobility Acquisition Corp. Announces the Extension of the Combination Period until April 30, 2024

 

GREENWICH, CT (December 29, 2023) -- Pegasus Digital Mobility Acquisition Corp. (NYSE: PGSS.U) (the “Company”) today announced that it has decided to extend the date by which the Company must consummate a business combination until April 30, 2024. Pegasus Digital Mobility Sponsor LLC has committed to deposit $135,000.51 into the Company's trust account, representing $0.03 per Class A ordinary share, on the first business day of each month starting on January 2, 2024 until the earliest of (i) the date on which the Company consummates an initial business combination or (ii) April 30, 2024.

 

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 blank check company incorporated as a Cayman Islands exempted entity. The Company was founded by StratCap Investment Management, LLC, formerly Strategic Capital Fund Management, LLC, an investment management organization focused on digital economy investments. The Company is a special purpose acquisition company formed for the purpose of effecting a business combination with one or more businesses.

 

Contacts

 

Investor Relations
investor-relations@pegasusdm.com

 

 

 

v3.23.4
Cover
Dec. 29, 2023
Document Information [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Dec. 29, 2023
Entity File Number 001-40945
Entity Registrant Name Pegasus Digital Mobility Acquisition Corp.
Entity Central Index Key 0001861541
Entity Tax Identification Number 98-1596591
Entity Incorporation, State or Country Code E9
Entity Address, Address Line One 71 Fort Street
Entity Address, City or Town George Town
Entity Address, State or Province KY
Entity Address, Postal Zip Code KY1-1106
City Area Code 345
Local Phone Number 769-4900
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Units, each consisting of one Class A Ordinary Share and one-half of one redeemable Warrant [Member]  
Document Information [Line Items]  
Title of 12(b) Security Units, each consisting of one Class A Ordinary Share and one-half of one redeemable Warrant
Trading Symbol PGSS.U
Security Exchange Name NYSE
Common Class A [Member]  
Document Information [Line Items]  
Title of 12(b) Security Class A Ordinary Shares, par value $0.0001 per share
Trading Symbol PGSS
Security Exchange Name NYSE
Redeemable Warrants, each exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share [Member]  
Document Information [Line Items]  
Title of 12(b) Security Redeemable Warrants, each exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share
Trading Symbol PGSS.WS
Security Exchange Name NYSE
Pegasus Digital Mobility... (NYSE:PGSS)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025 Pegasus Digital Mobility... 차트를 더 보려면 여기를 클릭.
Pegasus Digital Mobility... (NYSE:PGSS)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025 Pegasus Digital Mobility... 차트를 더 보려면 여기를 클릭.