The SCHMID GROUP To List On NYSE Through Business Combination With Pegasus Digital Mobility Acquisition Corp.
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SCHMID Group, a leading provider of energy storage solutions, will go public on the NYSE through a business combination with Pegasus Digital Mobility Acquisition Corp. (PGSS).
May 31, 2023 | 12:17 pm
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Pegasus Digital Mobility Acquisition Corp. (PGSS) will combine with SCHMID Group, a leading energy storage solutions provider, to list on the NYSE.
The business combination with SCHMID Group will bring Pegasus Digital Mobility Acquisition Corp. (PGSS) to the NYSE, potentially increasing its stock price due to the increased exposure and credibility. SCHMID Group's leading position in the energy storage solutions market may also positively impact PGSS's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100