Company: SPEG
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110444
Chunk: 174

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1
Chunk 174
---
 Business Combination, subject to certain limited exceptions.

On July 16, 2025, the underwriters exercised
their over-allotment option in full, resulting in the sale of an additional 11,500,000 Units for gross proceeds of $115,500,000. In connection
with the underwriters’ exercise of their over-allotment option, the Company also consummated the sale of an additional 3,250,000
Private Placement Warrants at $1.00 per Private Placement Warrant, generating total proceeds of $3,250,000. A total of $118,750,000 was
deposited into the Trust Account.

Of the gross proceeds received from the Initial
Public Offering, the exercise of the over-allotment option and the Private Placement Warrant, an aggregate of $115,000,000 was placed
in the Trust Account.

We paid a total of $6,025,000 in underwriting
fees and $446,835 for other costs and expenses related to the Initial Public Offering.

For a description of the use of the proceeds
generated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q.

Item 3. Defaults Upon Senior Securities

None

Item 4. Mine Safety Disclosures

None

Item 5. Other Information

None

24

Item 6. Exhibits

The following exhibits are filed as part of,
or incorporated by reference into, this Quarterly Report on Form 10-Q.

    No.
     
    Description
    of Exhibit
  
    1.1
     
    Underwriting Agreement between the Company and Roth Capital Partners, LLC, as representative of the several underwriters.(1)
  
    3.1
     
    Second Amended and Restated Memorandum and Articles of Association. (1)
  
    4.1
     
    Rights Agreement, dated July 14, 2025, by and between the Company and CST, as rights agent. (1)
  
    4.2
     
    Class B.1 Warrant Agreement dated July 14, 2025, by and between the Company and CST, as warrant agent. (1)
  
    4.3
     
    Class B.2 Warrant Agreement dated July 14, 2025, by and between the Company and CST, as warrant agent. (1)
  
    10.1
     
    Registration Rights