Company: SPEG
Filing Date: 2025-06-26
Form Type: S-1/A
Source: 0001213900-25-058468
Chunk: 340

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-26
Form: S-1/A
Chunk 340
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 financial resources through a Proposed Public Offering of 10,000,000 units at $10.00 per unit (the “Units”) (or 11,500,000 Units if the underwriters’ over -allotmentoption is exercised in full), which is discussed in Note 3 (the “Proposed Public Offering”). Each Unit consists of one Class A ordinary share (“Public Share”) and one right to receive one -tenthof one Class A ordinary share (“Public Right” or “Share Right”). Ten rights entitles the holder to receive one Class A ordinary share. In addition, simultaneously with the closing of the Proposed Public Offering, the Company will sell an aggregate of 3,250,000 Private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised in full) (the “Private placement warrants”) to the Sponsor and Roth, the representative of the underwriters of the Proposed Public Offering, at a price of $1.00 per Private Placement. Of those 3,250,000 Private placement warrants, the Sponsor has agreed to purchase 2,000,000 Private placement warrants and Roth has agreed to purchase 1,250,000 Private placement warrants. The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Proposed Public Offering and the Private placement warrants, although substantially all of the net proceeds are intended to be generally applied toward consummating a Business Combination (less deferred underwriting commissions). The Company’s Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the net balance in the Trust Account (as defined below) (excluding the amount of deferred underwriting discounts held and taxes payable on the income earned on the Trust Account) at the time of the signing an agreement to enter into a Business Combination. However, the Company will only complete a Business Combination if the post -BusinessCombination company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that the Company will be able to successfully effect a Business Combination. Upon the closing of the Proposed Public Offering, management has agreed that an aggregate of $10.00 per Unit sold in the Proposed Public Offering will be held in a Trust Account (the “Trust