PEGRU Project Energy Reimagined Acquisition Corporation

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES                                                                                   
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940                       

1. Name and Address of Reporting Person * Narayanan Srinath	2. Issuer Name and Ticker or Trading Symbol Project Energy Reimagined Acquisition Corp. [ PEGR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    __X__ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) Chief Executive Officer
(Last)          (First)          (Middle) C/O PROJECT ENERGY REIMAGINED ACQ. CORP., 3 LAGOON DRIVE, SUITE 170	3. Date of Earliest Transaction (MM/DD/YYYY) 12/12/2021
(Street) REDWOOD, CA 94065 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(1)	12/12/2021		J (2)			593063	(1)	(1)	Class A Ordinary Shares	593063	(2)	6594437	I	See Footnote (3)

Explanation of Responses:
(1)	The Class B ordinary shares will automatically convert into Class A ordinary shares on the first business day following the consummation of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-254695) (the "Registration Statement") and have no expiration date.
(2)	593,063 Class B ordinary shares were forfeited by Smilodon Capital, LLC (the "Sponsor") to the Issuer at no cost in connection with the expiration of the underwriters' over-allotment option, as described in the Registration Statement.
(3)	The securities are held directly by the Sponsor. Admit Capital, LLC is the managing member of the Sponsor. Srinath Narayanan is the managing member of Admit Capital, LLC. Admit Capital, LLC and Srinath Narayanan may be deemed to share beneficial ownership of the Class B ordinary shares. Srinath Narayanan and Admit Capital, LLC each disclaims beneficial ownership of such shares except to the extent of his and its pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Narayanan Srinath C/O PROJECT ENERGY REIMAGINED ACQ. CORP. 3 LAGOON DRIVE, SUITE 170 REDWOOD, CA 94065	X	X	Chief Executive Officer
Smilodon Capital, LLC C/O PROJECT ENERGY REIMAGINED ACQ. CORP. 3 LAGOON DRIVE, SUITE 170 REDWOOD, CA 94065		X
Admit Capital, LLC C/O PROJECT ENERGY REIMAGINED ACQ. CORP. 3 LAGOON DRIVE, SUITE 170 REDWOOD, CA 94065		X

Signatures
Carol Anne Huff, as Attorney-in-Fact on behalf of Srinath Narayanan		12/14/2021
**Signature of Reporting Person		Date
Carol Anne Huff, as Attorney-in-Fact on behalf of Smilodon Capital, LLC		12/14/2021
**Signature of Reporting Person		Date
Carol Anne Huff, as Attorney-in-Fact on behalf of Admit Capital, LLC		12/14/2021
**Signature of Reporting Person		Date