Company: SPEG
Filing Date: 2025-07-15
Form Type: 424B4
Source: 0001213900-25-064326
Chunk: 269

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-07-15
Form: 424B4
Chunk 269
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, we may redeem the outstanding Class B.1 private placement warrants: •in whole and not in part; •at a price of $0.01 per warrant; upon a minimum of 30 days’ prior written notice of redemption (the “30 -dayredemption period”); and •if, and only if, the closing price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant as described under the heading “— Redemption Procedures — Anti -dilutionAdjustments”) for any 20 trading days within a 30 -tradingday period commencing at least 30 days after completion of our initial business combination and ending three business days before we send the notice of redemption to the warrant holders. We will not redeem the Class B.1 private placement warrants as described above unless a registration statement under the Securities Act covering the issuance of the Class A Ordinary Shares issuable upon exercise of the warrants is then effective and a current prospectus relating to those Class A Ordinary Shares is available throughout the measurement period. If and when the Class B.1 private placement warrants become redeemable by us, we may not exercise our redemption right if the issuance of Ordinary Shares upon exercise of the Class B.1 private placement warrants is not exempt from registration or qualification under applicable state blue sky laws or we are unable to effect such registration or qualification. We will use our best efforts to register or qualify such Ordinary Shares under the blue sky laws of the state of residence in those states in which the Class B.1 private placement warrants were offered by us in this offering. We have established the last of the redemption criterion discussed above to prevent a redemption call unless there is at the time of the call a significant premium to the warrant exercise price. If the foregoing conditions are satisfied and we issue a notice of redemption of the Class B.1 private placement warrants, each warrant holder will be entitled to exercise his, her or its Class B.1 private placement warrant prior to the scheduled redemption date. However, the price of the Class A ordinary shares may fall below the $18.00 redemption trigger price (as adjusted for share sub -divisions, share capitalizations, reorganizations, recapitalizations and the like) as well as the $11.50 warrant exercise price after the redemption notice is issued. The Class B.2 private placement warrants are not redeemable. Redemption procedures A holder of a Class B.1 private placement warrant