Company: SPEG
Filing Date: 2025-06-26
Form Type: S-1/A
Source: 0001213900-25-058468
Chunk: 267

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-26
Form: S-1/A
Chunk 267
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 on which the Company consummates a subsequent liquidation, merger, share exchange or other similar transaction which results in all of the Company’s shareholders having the right to exchange their Class A Ordinary Shares for cash, securities or other property. Up to 500,000 founder shares will be surrendered to us for no consideration depending on the exercise of the over -allotmentoption. Except in certain limited circumstances, no member of the sponsor (including the non -managingsponsor investors) may transfer all or any portion of its membership interests in the sponsor. For more information, see “ Principal Shareholders — Restrictions on Transfers of Founder Shares and Private placement warrants”. Assuming no liquidation, merger, share exchange, reorganization or other similar transaction takes place, and subject to certain other exceptions as described in this prospectus, lock -upson securities owned by our initial shareholder would expire as follows:

| Founder Shares                                                      |     | Private placement warrants                           |
| six months after the completion of our initial business combination |     | 30 days after completion of the business combination |

167 Register of Members Under Cayman Islands law, we must keep a register of members and there will be entered therein: •the names and addresses of the members, a statement of the shares held by each member, and of the amount paid or agreed to be considered as paid, on the shares of each member and the voting rights of the shares of each member; •whether voting rights attach to the shares in issue; •the date on which the name of any person was entered on the register as a member; and •the date on which any person ceased to be a member. Under Cayman Islands law, the register of members of our company is prima facie evidence of the matters set out therein (i.e. the register of members will raise a presumption of fact on the matters referred to above unless rebutted) and a member registered in the register of members will be deemed as a matter of Cayman Islands law to have legal title to the shares as set against its name in the register of members. Upon the closing of this public offering, the register of members will be immediately updated to reflect the issue of shares by us. Once our register of members has been updated, the shareholders recorded in the register of members will be deemed to have legal title to the shares set against their name. However, there are certain limited circumstances where an application may be made to a Cayman Islands court for a determination on whether the register of members reflects the correct legal position. Further,