Streetbeat News

PGSS

Pegasus Digital Mobility Acquisition Corp

Open

10.30

Mkt cap

61M

Volume

64K

High

11.35

P/E Ratio

50.00

52-wk high

11.50

Low

6.00

Div yield

N/A

52-wk low

6.00

SCHMID Group has completed a business combination with Pegasus Digital Mobility Acquisition Corp., resulting in SCHMID Group N.V. starting to trade on the Nasdaq under the ticker 'SHMD' from April 30, 2024. The combination includes a non-redemption and investment agreement for approximately $26 million in committed capital. SCHMID, a global provider for high-tech industries, is supported by a diverse board of directors and is based in Germany.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:40 pm

Pegasus Digital Mobility Acquisition Corp. has amended its business combination agreement with Gebr. Schmid Group, extending the deadline for the combination to April 30, 2024. The amendment also reduces the number of shares to be issued in the combination to 28.725 million.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:27 pm

Pegasus Digital Mobility Acquisition Corp. (PGSS) received a notice from NYSE for not meeting the continued listing standard of having a minimum of 300 public stockholders. PGSS has 45 days to submit a plan to regain compliance within 18 months. The plan will be reviewed by the NYSE's Listings Operations Committee, which will decide on acceptance and potential quarterly monitoring or initiate suspension and delisting procedures. The notice currently does not affect PGSS's operations, ability to complete a Business Combination, or its SEC reporting requirements.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:23 pm

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).

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:17 pm

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