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PERAC Shareholders Approve Heramba Merger and Governance Changes
Company Announcements

PERAC Shareholders Approve Heramba Merger and Governance Changes

An announcement from Project Energy Reimagined Acquisition Corporation Class A (PEGR) is now available.

Project Energy Reimagined Acquisition Corp. (PERAC) successfully conducted a significant shareholder meeting where the approval of a major Business Combination with Heramba Electric plc and associated governance changes were overwhelmingly supported. An impressive 83.6% of outstanding shares participated, endorsing not only the merger but also key changes in corporate governance, including the authorized capital structure and board nomination procedures. This pivotal step paves the way for PERAC to finalize the merger and list the new entity’s shares and warrants on Nasdaq under the tickers “PITA” and “PITAW,” marking a new chapter in its corporate evolution.

For an in-depth examination of PEGR stock, go to TipRanks’ Stock Analysis page.

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