By: Alejandra Gonzalez Saucedo, David Bulley, Dean Bennett
Appleby acted as Cayman Islands counsel for Pegasus Digital Mobility Acquisition Corp. in its de-SPAC business combination with SCHMID Group, a global solutions provider for the high-tech electronic, photovoltaics, glass, and energy systems industries, headquartered in Freudenstadt, Germany which was founded in 1864, today employs more than 800 staff members worldwide, and has technology centers and manufacturing sites in multiple locations including Germany and China, in addition to several sales and service locations globally.