Company: SPEG
Filing Date: 2025-06-26
Form Type: S-1/A
Source: 0001213900-25-058468
Chunk: 40

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-26
Form: S-1/A
Chunk 40
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 senior to our public shares. If we raise additional funds through the incurrence of indebtedness, such indebtedness would have rights that are senior to our equity securities and could contain covenants that restrict our operations. Further, as described above, due to the anti -dilutionrights of our founder shares, our public shareholders may incur material additional dilution. We may obtain financing prior to the closing of our initial business combination to fund our working capital needs and transaction costs in connection with our search for and completion of our initial business combination. There is no limitation on our ability to raise funds through the issuance of equity or equity -linkedsecurities or through loans, advances or other indebtedness in connection with our initial business combination, including pursuant to any forward purchase agreements, backstop or similar agreements we may enter into following the consummation of this offering or otherwise. Subject to compliance with applicable securities laws, we would only complete such financing simultaneously with the completion of our business combination. If we are unable to complete our initial business combination because we do not have sufficient funds available to us, we will be forced to cease operations and liquidate the trust account. In addition, following our initial business combination, if cash on hand is insufficient, we may need to obtain additional financing in order to meet our obligations. In addition, even if we do not need additional financing to complete our initial business combination, we may require such financing to fund the operations or growth of the target business. The failure to secure additional financing could have a material adverse effect on the continued development or growth of the target business. None of our directors, officers or shareholders is required to provide any financing to us in connection with or after our initial business combination. Right of First Refusal Subject to certain conditions, we granted to the representative of the non -managingsponsor investors a right of first refusal to participate in any financing with respect to the business combination. Forfeiture of Founder Shares To the extent that, in connection with a financing to complete a business combination, we are required to forfeit any founder shares, the first 666,667 founder shares shall be forfeited by the sponsor members that do not hold Class B.2 units in the sponsor (representing economic interests in the Class B.2 private placement warrants), after which any further forfeiture would be allocated among all founder shareholders on a pro -ratabasis, 15 Corporate Information Our executive offices are located at 2445 Augustine Dr., STE 150, Santa Clara, CA 95054, and our