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Project Energy Reimagined Acquisition Corp. - $PEGR STOCK NEWS

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Rhea-AI Summary
Heramba Electric announced the acquisition of Kiepe Electric to create a global leader in sustainable urban transportation. Kiepe Electric had revenues of over $120 million in 2022. The proposed business combination values the combined company at approximately $450 million. The transaction is expected to close in Q1 2024.
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Rhea-AI Summary
Project Energy Reimagined Acquisition Corp. (PEGR) received a notice of non-compliance with Nasdaq Listing Rule 5250(c)(1) due to a delay in filing its Quarterly Report on Form 10-Q. The company has 60 days to submit a plan to regain compliance. If accepted, an exception of up to 180 days may be granted. The company expects to file the Form 10-Q prior to the compliance plan submission deadline.
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Project Energy Reimagined Acquisition Corp.

Nasdaq:PEGR

PEGR Rankings

PEGR Stock Data

169.50M
10.91M
31.03%
64.46%
0.04%
Shell Companies
Financial Services
Link
United States of America
REDWOOD CITY

About PEGR

project energy reimagined acquisition corp. (“pegr”) is a blank check company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. while the company may pursue an initial business combination with a company in any industry, sector or geographic region, the company intends to focus its search on high-potential esg (environmental, social and governance) targets within the advanced renewable energy “grid 2.0” value-chain, including targets focused on grid reliability and stability solutions, electrification of transportation and electric vehicle infrastructure, smart and/or ai-enabled grid optimization, energy storage, second-life use of batteries and end-of-life battery recycling. our mission is two-fold – to benefit our shareholders while enabling sustainable energy solutions for everyone. “we are focused on helping the world accelerate the use of clean energy to redu