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Pegasus Digital Mobility Acquisition Corp. Files for IPO

Dow Jones Newswires ·  Sep 29, 2021 06:36

By Stephen Nakrosis

Pegasus Digital Mobility Acquisition Corp. filed for a $200 million initial public offering on Tuesday.

The company said "we intend to focus our search for a target business operating in the next-generation transportation sector with exposure to energy transformation and digital mobility tailwinds."

Pegasus said its sponsor, Pegasus Digital Mobility Sponsor LLC, is an affiliate of Strategic Capital.

The company said it intends to apply to list its units on the New York Stock Exchange under the symbol "PGSS.U."

Barclays is listed as the offering's sole book-running manager and EarlyBirdCapital is listed as co-manager.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

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