Pegasus Digital Mobility Acquisition Corp. was a blank-check company incorporated in Delaware and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination. The company raised capital through an Initial Public Offering (IPO) in 2021, intending to leverage its management's expertise to acquire a target company. After failing to consummate a business combination by its deadline, the company announced in November 2023 its intent to dissolve and liquidate, returning the capital held in its trust account to its shareholders.

Founded in

United States