Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 293

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 293
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 The private placement units that may be issued upon conversion of

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working capital loans (including the Class A ordinary shares issuable upon conversion of the rights including in such working capital units) will not be transferable, assignable or saleable by our sponsor (as applicable) or their permitted transferees until 30 days after the completion of our initial business combination (except with respect to permitted transferees as described herein under the section of this prospectus entitled “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Units”). 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 Units”. Assuming no liquidation, merger, share exchange, reorganization or other similar transaction takes place, lock -upson securities owned by our initial shareholder would expire as follows:

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

Roth (and/or its designees) has also committed to purchase from us 200,000 private placement units at $10.00 per private placement unit for an aggregate purchase price of $2,000,000. The private placement units (including the Class A ordinary shares issuable upon conversion of the rights included in the private placement units) will not be transferable, assignable or saleable until 30 days after the consummation of our initial business combination (except with respect to permitted transferees as described herein under “Principal Shareholders — Restrictions on Transfers of Founder Shares and Private Placement Units”) and the private placement units held by Roth will not be exercisable more than five years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). The purchase of the private placement units will take place on a private placement basis simultaneously with the consummation of this offering. Such private placement units will be considered underwriting compensation in connection with this offering. Such private placement units will be subject to lock -uprestrictions, as required by FINRA Rule 5110(e)(1) and may not be sold during the offering, or sold, transferred, assigned, pledged, or hypothecated, or be the subject of any hedging, short sale, derivative, put, or call transaction that would