• SCHMID Group and Pegasus Digital Mobility Acquisition Corp. announce the completion of their business combination.
• As a result, starting April 30, 2024 the existing company's legal name is SCHMID Group N.V.
• SCHMID Group N.V. shares will begin trading on the Nasdaq Global Select Market under the ticker symbol "SHMD".
• SCHMID signed non-redemption and investment agreement for approximately USD 26 million in committed capital with the business combination (before costs).
• SCHMID is a global solutions provider for the high-tech electronic, photovoltaics, glass, and energy systems industries, with its parent company Gebr. SCHMID GmbH, based in Freudenstadt, Germany.
  • SCHMID has aggregated a diverse group of experts to sit on their Board of Directors.

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