Project Energy Reimagined Acquisition Corp. received a notice from Nasdaq on May 30, 2024, indicating non-compliance with Listing Rule 5250(c)(1) due to delayed filing of its Q1 2024 Form 10-Q. The notice is only a notification of deficiency and does not immediately affect the company's Nasdaq Global Market listing.The company has 60 calendar days to submit a compliance plan to Nasdaq. If accepted, Nasdaq may grant an extension until November 18, 2024, to regain compliance. If rejected, the company can appeal to a Nasdaq Hearings Panel. As reported in Form 12b-25 filed on May 16, 2024, additional time is needed for Form 10-Q completion and independent auditor review.The company is actively working to complete the Form 10-Q and expects to file it before the compliance plan submission deadline. Project Energy Reimagined Acquisition Corp. is a blank check company focused on pursuing business combinations in the "Electric Grid 2.0" sector.

Project Energy Reimagined Acquisition Corp. received a notice from Nasdaq on May 30, 2024, indicating non-compliance with Listing Rule 5250(c)(1) due to delayed filing of its Q1 2024 Form 10-Q. The notice is only a notification of deficiency and does not immediately affect the company's Nasdaq Global Market listing.The company has 60 calendar days to submit a compliance plan to Nasdaq. If accepted, Nasdaq may grant an extension until November 18, 2024, to regain compliance. If rejected, the company can appeal to a Nasdaq Hearings Panel. As reported in Form 12b-25 filed on May 16, 2024, additional time is needed for Form 10-Q completion and independent auditor review.The company is actively working to complete the Form 10-Q and expects to file it before the compliance plan submission deadline. Project Energy Reimagined Acquisition Corp. is a blank check company focused on pursuing business combinations in the "Electric Grid 2.0" sector.