Company: SPEG
Filing Date: 2025-07-15
Form Type: 424B4
Source: 0001213900-25-064326
Chunk: 247

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-07-15
Form: 424B4
Chunk 247
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 the private placement warrants that may be issued upon conversion of working capital loans. The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy -back” registration rights with respect to registration statements filed subsequent to our completion of our initial business combination. Notwithstanding anything to the contrary, Roth may only make a demand on one occasion and only during the five -yearperiod from the commencement of sales of this offering. In addition, Roth may participate in a “piggy -back” registration only during the seven -yearperiod from the commencement of sales of this offering. We will bear the expenses incurred in connection with the filing of any such registration statements. 158 Certain relationships and related party transactions In June 2024, our sponsor paid $25,000, or approximately $0.006 per share, to cover certain of our offering costs in exchange for 4,312,500 founder shares (or $0.007 per share for 3,750,000 founder shares if the underwriters do not exercise the over -allotmentoption). Subsequently, on February6, 2025, the Company, through a share capitalization, issued the sponsor an additional 1,437,500 Class B ordinary shares as bonus shares, bringing the aggregate number of founder shares to 5,750,000 Class B ordinary shares, resulting in a price per share of approximately $0.004. On May7, 2025, the sponsor surrendered 1,916,667 founder shares leaving 3,833,333 Class B ordinary shares at a price of approximately $0.075 per share. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 11,500,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 25% of the outstanding shares after this offering. Up to 500,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. Our sponsor and Roth, the representative of the underwriters of this offering, have committed to, pursuant to written agreements, to purchase an aggregate of 3,250,000 private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised in full), at a price of $1.00 per