Heramba Electric plc
Closed (deSPAC)Profile in progress
- What it is
- A private company preparing to list via a SPAC merger. Full profile in progress.
- What it’s doing now
- Merging with Project Energy Reimagined Acquisition Corp. (PEGR) — closed (despac).
- What you should know
- Data is still being assembled for this company — what is shown below is everything we have verified so far.
What the company says about itself
Web research — not audited[WEB-INTEL 2026-08-26] 12 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Pro forma implied enterprise value of the combined company is approximately $450 million" [https://www.prnewswire.com/news-releases/heramba-electric-to-list-on-nasdaq-through-business-combination-with-project-energy-reimagined-acquisition-corp-301945170.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The Business Combination reflects a pro forma implied enterprise valuation of approximately US$450 million" [https://www.prnewswire.com/news-releases/heramba-electric-to-list-on-nasdaq-through-business-combination-with-project-energy-reimagined-acquisition-corp-301945170.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Project Energy Reimagined Acquisition Corp. has approximately $113 million in trust" [https://www.prnewswire.com/news-releases/heramba-electric-to-list-on-nasdaq-through-business-combination-with-project-energy-reimagined-acquisition-corp-301945170.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The Business Combination is expected to provide approximately US$113 million of gross proceeds (before redemptions and the payment of certain expenses)" [https://www.prnewswire.com/news-releases/heramba-electric-to-list-on-nasdaq-through-business-combination-with-project-energy-reimagined-acquisition-corp-301945170.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The Business Combination is expected to close in the first quarter of 2024" [https://www.prnewswire.com/news-releases/heramba-electric-to-list-on-nasdaq-through-business-combination-with-project-energy-reimagined-acquisition-corp-301945170.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Heramba Electric plc announced that it expects to receive $0.985001 million in funding. Published on 10/03/2024" [https://in.marketscreener.com/quote/stock/HERAMBA-ELECTRIC-PLC-173418773/news/Heramba-Electric-plc-announced-that-it-expects-to-receive-0-985001-million-in-funding-48024544/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The deal was announced in October value of approximately $450 million. Since then, Heramba acquired Kiepe Electric, approximately $114 million" [https://news.spacconference.com/2024/02/20/project-energy-reimagined-acquisition-files-investor-presentation-on-heramba-electric-deal/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Project Energy (NASDAQ:PEGR) agreed to combine with Heramba Electric at a pro forma enterprise value of $450 million" [https://www.spacinsider.com/news/deal-announcements-amendments/project-energy-pegr-to-combine-with-heramba-in-450m-deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "is anticipated to close in early July 2024" [https://www.nasdaq.com/press-release/project-energy-reimagined-acquisition-corp-announces-business-combination-anticipated] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Heramba Electric plc became effective today, July 29, 2024. will be suspended from trading. PEGR Last Trading Date: July 29, 2024" [https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2024-353] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Heramba Electric plc, effective as of July 26, 2024" [https://finance.yahoo.com/news/heramba-electric-plc-announces-receipt-213000381.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Market Cap: US$47.000" [https://simplywall.st/stocks/us/capital-goods/otc-pite.f/heramba-electric/information] [WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The proposed business combination of Heramba Electric and Project Energy Reimagined Acquisition Corp. is expected to close in the first quarter of 2024" [https://www.prnewswire.com/news-releases/heramba-electric-to-list-on-nasdaq-through-business-combination-with-project-energy-reimagined-acquisition-corp-301945170.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Pro forma implied enterprise value of the combined company is approximately $450 million" [https://www.prnewswire.com/news-releases/heramba-electric-to-list-on-nasdaq-through-business-combination-with-project-energy-reimagined-acquisition-corp-301945170.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Project Energy Reimagined Acquisition Corp. has approximately $113 million in trust" [https://www.prnewswire.com/news-releases/heramba-electric-to-list-on-nasdaq-through-business-combination-with-project-energy-reimagined-acquisition-corp-301945170.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Heramba Electric plc announced that it expects to receive $0.985001 million in funding" [https://in.marketscreener.com/quote/stock/HERAMBA-ELECTRIC-PLC-173418773/news/Heramba-Electric-plc-announced-that-it-expects-to-receive-0-985001-million-in-funding-48024544/]
Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
Heramba Electric plc is merging with Project Energy Reimagined Acquisition Corp. (PEGR) currently marked Closed (deSPAC).
| Headline equity value | — |
How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is Heramba Electric plc going public?
Heramba Electric plc has an approved merger with the SPAC Project Energy Reimagined Acquisition Corp. (PEGR). Deal status: Closed (deSPAC).
Does Heramba Electric plc have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.