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Smart Investors Daily
PE

NASDAQ · PEGR

Project Energy Reimagined Acquisition Corp.

Financial Services · Shell Companies

$9.73

Down-$1.01 (-9.40%)

Updated Aug 16, 2026, 7:17 AM

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Market cap
170.02M
P/E ratio
70.73
Dividend yield
0.00%
52-week range
— – —
Volume
13.54K
Avg. volume
27.06K

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Overview

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Company profile

Project Energy Reimagined Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Redwood City, California.

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GlobeNewswire Inc. · Jun 28, 2024

Project Energy Reimagined Acquisition Corp. Announces Business Combination is Anticipated to Close in Early July 2024

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.

GlobeNewswire Inc. · Jun 5, 2024

Project Energy Reimagined Acquisition Corp. Receives Expected Notice from Nasdaq Regarding Delayed Quarterly Report

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.

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