Company: SPEG
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055713
Chunk: 41

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 41
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 (3)Comprised of 10,000,000 Class A ordinary shares included in the units to be sold in this offering and 3,333,333 Class B ordinary shares (or founder shares). Founder shares are currently classified as Class B ordinary shares, which shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one -for-onebasis, subject to adjustment as described below adjacent to the caption “Founder shares conversion and anti -dilutionrights.” (4)Assumes surrender of all 500,000 founder shares. Up to 500,000 founder shares held by the sponsor and not the non -managingsponsor investors who have economic interests in the Class B.2 private placement warrants, will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)Comprised of 10,000,000 public rights included in the units to be sold in this offering (assuming no exercise of the underwriters’ over -allotmentoption).

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| Founder shares: |     | In June 2024, our sponsor paid $25,000, or approximately $0.006 per share, to cover certain of our offering costs in exchange for 4,312,500 Class B ordinary shares. Subsequently, on February 6, 2025, the Company, through a share capitalization, issued the sponsor an additional 1,437,500 Class B ordinary shares as bonus shares, bringing the aggregate number of founder shares to 5,750,000 Class B ordinary shares, resulting in a price per share of approximately $0.004. On May 7, 2025, the sponsor surrendered 1,916,667 shares leaving 3,833,333 of which 500,000 may be forfeited if the underwriters’ overallotment option is not exercised, which would result in a price per founder share of $0.0075.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                 |     | Subject to the non-managing sponsor investors purchasing, indirectly through the sponsor, the Class B.2 private placement warrants in connection with the closing of this offering, the sponsor will issue membership interests through membership units in the sponsor, at a nominal purchase price to the non-managing sponsor investors, economic interests in an aggregate of 1,423,333 founder shares held by