Company: SPEG
Filing Date: 2025-05-20
Form Type: S-1/A
Source: 0001213900-25-045972
Chunk: 4

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-05-20
Form: S-1/A
Chunk 4
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 their indirect ownership of founder shares and private placement warrants as further discussed in this prospectus. Of the 3,250,000 private placement warrants, the sponsor has agreed to purchase 2,000,000 private placement warrants at the time of the business combination (whether or not the underwriters’ over -allotmentoption is exercised), retaining an economic interest in 1,000,000 Class B.1 private placement warrants after taking into effect the issuance of membership interests to the independent directors and the non -managingsponsor investors who will retain an economic interest in the Class B.2 private placement warrants. The potential purchase by the non -managingsponsor investors of units in the offering is not conditioned on their potential indirect purchase of private placement warrants and founder shares in the private placement. This may result in the non -managingsponsor investors potentially having different interests than the other public shareholders in approving the initial business combination due to their indirect ownership of founder shares and private placement warrants. In the event that the non -managingsponsor investors purchase such units (either in this offering or after) and vote them in favor of our initial business combination, no affirmative votes from other public shareholders would be required to approve our initial business combination. However, because the non -managingsponsor investors are not obligated to continue owning any public shares following the closing and are not obligated to vote any public shares in favor of our initial business combination, we cannot assure you that any of these non -managingsponsor investors will be public shareholders at the time our shareholders vote on our initial business combination, and, if they are public shareholders, we cannot assure you as to how such non -managingsponsor investors will vote on any business combination. The interests of the members of the sponsor are denominated in three classes of membership interest units: (i) class A membership units representing interests in the founder shares, (ii) class B.1 membership units of the sponsor that will represent an economic interest in the Class B.1 private placement warrants, and (iii) class B.2 membership units of the sponsor that will represent an economic interest in the Class B.2 private placement warrants. The non -managingsponsor members will receive class membership B.2 units representing economic interests in the Class B.2 private placement warrants. The Class B.1 private placement warrants and the Class B.2 private placement warrants are identical to each other except for certain exercise price and transfer restrictions, as more fully described in this prospectus