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
Company profile
Ticker
PEGRW, PEGRU, PEGRW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
981582574
PEGRW stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
8 Aug 24
8-K
Heramba and Project Energy Reimagined Acquisition Corp. Announce Completion of Business Combination
30 Jul 24
25-NSE
Exchange delisting
29 Jul 24
425
Business combination disclosure
12 Jul 24
425
Business combination disclosure
10 Jul 24
8-K
Entry into a Material Definitive Agreement
10 Jul 24
425
Business combination disclosure
28 Jun 24
8-K
Other Events
28 Jun 24
425
Business combination disclosure
24 Jun 24
10-Q
2024 Q1
Quarterly report
14 Jun 24
Latest ownership filings
4
Srinath Narayanan
29 Jul 24
4
Nina Jensen
29 Jul 24
4
MICHAEL G BROWNING
29 Jul 24
4
Eric A. Spiegel
29 Jul 24
SC 13G/A
Smilodon Capital, LLC
29 Jul 24
SC 13G/A
Radcliffe Capital Management, L.P.
28 Jun 24
SC 13G/A
D. E. SHAW & CO, L.P.
14 Feb 24
SC 13G/A
Atalaya Capital Management LP
14 Feb 24
SC 13G/A
CITADEL ADVISORS LLC
14 Feb 24
SC 13G/A
Smilodon Capital, LLC
14 Feb 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.32 k | 9.32 k | 9.32 k | 9.32 k | 9.32 k | 9.32 k |
Cash burn (monthly) | 39.44 k | 7.67 k | 594.30 k | 510.66 k | 126.10 k | 71.00 k |
Cash used (since last report) | 261.15 k | 50.78 k | 3.94 mm | 3.38 mm | 835.07 k | 470.18 k |
Cash remaining | -251.83 k | -41.46 k | -3.93 mm | -3.37 mm | -825.75 k | -460.86 k |
Runway (months of cash) | -6.4 | -5.4 | -6.6 | -6.6 | -6.5 | -6.5 |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 30 |
Opened positions | 25 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 6.51 bn |
Total shares | 19.35 mm |
Total puts | 0.00 |
Total calls | 500.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Smilodon Capital | 5.27 mm | $52.20 mm |
Apollo Management Holdings GP | 2.48 mm | $0.00 |
Cowen Financial Products | 1.50 mm | $15.57 mm |
D. E. Shaw & Co | 1.49 mm | $0.00 |
D. E. Shaw & Co. | 1.24 mm | $185.50 mm |
Antara Capital | 1.24 mm | $185.50 mm |
Apollo Management | 1.24 mm | $185.63 mm |
Atalaya Capital Management | 990.00 k | $148.50 mm |
TENOR CAPITAL MANAGEMENT | 618.75 k | $92.81 mm |
Aristeia Capital | 612.24 k | $85.71 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Jul 24 | Nina Jensen | Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 50,000 | 0.00 | 0 |
26 Jul 24 | Browning Michael G | Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 50,000 | 0.00 | 0 |
26 Jul 24 | Spiegel Eric A. | Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 50,000 | 0.00 | 0 |
26 Jul 24 | Srinath Narayanan | Class A ordinary shares | Other | Dispose J | Yes | No | 0 | 5,272,698 | 0.00 | 0 |
26 Jul 24 | Srinath Narayanan | Class A ordinary shares | Conversion | Acquire C | Yes | No | 0 | 1 | 0.00 | 5,272,698 |
26 Jul 24 | Srinath Narayanan | Warrant Class A ordinary shares | Other | Dispose J | Yes | No | 11.5 | 8,425,532 | 96.89 mm | 0 |
26 Jul 24 | Srinath Narayanan | Class B ordinary shares Class A ordinary shares | Conversion | Dispose C | Yes | No | 0 | 1 | 0.00 | 0 |
1 Aug 23 | Nina Jensen | Class A ordinary shares | Conversion | Acquire C | No | No | 0 | 50,000 | 0.00 | 50,000 |
1 Aug 23 | Nina Jensen | Class B ordinary shares Class A ordinary shares | Conversion | Dispose C | No | No | 0 | 50,000 | 0.00 | 0 |