Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 94

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 94
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20% of the outstanding shares after this offering. Up to 562,500 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. The founder shares will be worthless if we do not complete an initial business combination, except to the extent they receive liquidating distributions from assets outside of the trust account. In addition, our sponsor and Roth, the representative of the underwriters, have committed to purchase an aggregate of 550,000 private placement units (or 606,250 private placement units if the underwriters’ over -allotmentoption is exercised in full) for an aggregate purchase price of $5,500,000 (or $6,062,500 if the underwriters’ over -allotmentoption is exercised in full), or $10.00 per private placement unit. Of those 550,000 private placement units, our sponsor has agreed to purchase 350,000 private placement units (or 406,250 private placement units if the underwriter’s over -allotmentoption is exercised) and Roth has agreed to purchase 200,000 private placement units. The non -managingsponsor investors have indicated an interest to indirectly purchase, through the purchase of sponsor membership interests, an aggregate of [350,000] private placement units (or [406,250] private placement units if the underwriter’s over -allotmentoption is exercised) at a price of $10.00 per private placement unit ([$3,500,000] in the aggregate, or [$4,062,500] if the underwriter’s over -allotmentoption is exercised) in a private placement that will close simultaneously with the closing of this offering. Subject to each non -managingsponsor investor purchasing, through membership units in the sponsor, the private placement units it has indicated an intention to purchase in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price to the non -managingsponsor investors reflecting economic interests in an aggregate of [*] founder shares held by the sponsor. Under no circumstances will we issue more than an aggregate of 606,250 private placement units in connection with this offering. As a result, the number of private placement units purchased by the non -managingsponsor investors through the sponsor, if any, will proportionally reduce the number of private placement units that would otherwise be purchased by the managing member of the sponsor through the sponsor. 59 The