Project Energy Reimagined Acquisition Corp. Class A Ordinary Share

PEGR

Market cap $170M

Menlo Park, California, June 28, 2024 (GLOBE NEWSWIRE) -- Project Energy Reimagined Acquisition Corp. (Nasdaq: PEGR) (“PERAC”) today announced that its proposed business combination (the “Business Combination”) pursuant to the Business Combination Agreement, dated as of October 2, 2023 (the “Business Combination Agreement”), by and among PERAC, Heramba Electric plc (“Holdco”), Heramba Merger Corp., Heramba Limited and Heramba GmbH (“Heramba”), is anticipated to close in early July 2024, subject to the satisfaction or waiver of all applicable closing conditions.

Menlo Park, California, June 05, 2024 (GLOBE NEWSWIRE) -- Project Energy Reimagined Acquisition Corp. (Nasdaq: PEGR) (the “Company”) today announced that it received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) due to a delay in filing its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Rule requires listed companies to timely file all required periodic financial reports with the SEC. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company's securities on the Nasdaq Global Market.