Project Energy Reimagined Acquisition
| General Information | |
| Business: | 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.) |
| Industry: | BLANK CHECKS |
| 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: | Available only to Subscribers |
| Lock-Up Period Expiration Date: | Available only to Subscribers |
| SCOOP Rating | Available only to Subscribers |
| Rating Change | Available only to Subscribers |