Company: SPEG
Filing Date: 2025-06-26
Form Type: S-1/A
Source: 0001213900-25-058468
Chunk: 131

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-26
Form: S-1/A
Chunk 131
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 and formation costs in exchange for an aggregate of 4,312,000 Class B ordinary shares or founder shares. Subsequently, on February6, 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 May7, 2025 1,916,667 founder shares were surrendered leaving 3,833,333 Class B ordinary shares (up to 500,000 of which are subject to forfeiture depending on the extent to which the underwriters’ over -allotmentoption is exercised). Prior to this initial investment in us by the sponsor, we had no assets, tangible or intangible. Our sponsor holds founder shares and has committed to purchase 3,250,000 private placement warrants. Subject to each non -managingsponsor investor purchasing, through membership interests in the sponsor, the private placement warrants in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price to the non -managingsponsor investors, economic interests in an aggregate of 1,333,333 founder shares. Our sponsor has committed to purchase an aggregate of 2,000,000 private placement warrants out of the 3,250,000 (whether or not the over -allotmentoption is exercised, which include 1,000,000 Class B.1 private placement warrants and 1,000,000 Class B.2 private placement warrants that will be allocated to the non -managingsponsor member investors), at a price of $1.00 per private placement warrant ($3,250,000 in the aggregate) in a private placement that will close simultaneously with the closing of this offering. Roth has committed to purchase 1,250,000 out of the 3,250,000 private placement warrants (which shall be Class B.1 private placement warrants). If we do not complete our initial business combination within 18 months from the closing of this offering, unless the time to complete our initial business combination is extended in accordance with our memorandum and articles of incorporation, the private placement warrants will be worthless. Given the differential in the purchase price paid for the founder shares as compared to the initial public offering price of the public shares and the substantial number of Class A ordinary shares that holders of our founder shares would receive upon conversion