Project Energy Reimagined Acquisition

General Information
We intend to focus on targets that enable what we call the “Electric Grid 2.0.” (Incorporated in the Cayman Islands)
We believe the “Electric Grid 2.0” addresses several mega trends that are creating a long tail of value-creating opportunities within the energy storage value-chain, including:
•Climate change and mandated reduction of global greenhouse gases, or GHG, emissions, with a resulting increase in the share of renewable power generation (and associated grid-stability challenges);
•Electrification of transportation, artificial intelligence, or AI, enabled grid optimization, vehicle-to-grid, or V2G, and vehicle-to-everything, or V2X, technology and smart battery management systems, and
•Second life use of batteries and end-of-life battery recycling.

(Note: Project Energy Reimagined Acquisition priced its SPAC IPO on Oct. 28, 2021, in line with the terms in its prospectus: 25 million units at $10 each to raise $250 million.)

Employees: 0
Founded: 2021
Contact Information
Address 3 Lagoon Drive, Suite 170 Redwood City, California 94065
Phone Number (260) 515-9113
Web Address
View Prospectus: Project Energy Reimagined Acquisition
Financial Information
Market Cap $312.5mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol PEGRU
Exchange NASDAQ
Shares (millions): 25.0
Price range $10.00 - $10.00
Est. $ Volume $250.0 mil
Manager / Joint Managers J.P. Morgan/ BofA Securities
CO-Managers -
Expected To Trade: 10/29/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change