---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-028089"
form_type: "8-K"
ticker: null
cik: "0001861541"
company_name: "Pegasus Digital Mobility Acquisition Corp."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T13:02:13.931759+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pegasus Digital Mobility to use up to 2.8M Class B shares as incentives; issues $1M sponsor note

## Summary
- Up to 2,812,500 Pegasus Class B shares to be used as incentives for non-redemption agreements; unused shares forfeited.
- Business combination listing condition amended to allow listing on either NYSE or Nasdaq (previously only NYSE).
- $1,000,000 non-convertible unsecured promissory note issued to sponsor, no interest, repayable by April 30, 2024 or upon business combination.
- If no business combination, note forgiven unless funds available outside trust account.

## SEC filing metadata
- accession: 0001104659-24-028089
- form_type: 8-K
- cik: 0001861541
- company_name: Pegasus Digital Mobility Acquisition Corp.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861541/000110465924028089/0001104659-24-028089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861541/000110465924028089/tm247245d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-028089
- JSON: https://secwatch.observer/filing/0001104659-24-028089.json
- Plain text: https://secwatch.observer/filing/0001104659-24-028089.txt

## Key facts
- Debt Financings
  Pegasus Digital Mobility Acquisition Corp. incurred loan of up to $1,000,000.00 with Pegasus Digital Mobility Sponsor LLC maturing earliest of April 30, 2024, the date on which the Company consummates a business combination, or within three (3) business days of the receipt by the Company of.
  - Instrument: loan
  - Principal: up to $1,000,000.00
  - Counterparty: Pegasus Digital Mobility Sponsor LLC
  - Maturity: earliest of April 30, 2024, the date on which the Company consummates a business combination, or within three (3) business days of the receipt by the Company of
  - Event: incurrence
  source text: On February 27, 2024, the Company also issued a non-convertible unsecured promissory note (the " February 2024 Promissory Note ") in the principal amount of up to $1,000,000.00 to the Sponsor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861541/000110465924028089/0001104659-24-028089-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.