Company: SPEG
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055713
Chunk: 175

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 175
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 warrants, our sponsor has agreed to purchase 2,000,000 private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised in full) and Roth has agreed to purchase 1,250,000 private placement warrants, which will be Class B.1 private placement warrants. Of the 2,000,000 private placement warrants purchased by the sponsor, the non -managingsponsor investors through the sponsor, will have economic interests in the 1,000,000 Class B.2 private placement warrants. The private placement warrants will also be worthless if we do not complete our initial business combination. The private placement warrants will be identical except that, so long as they are held by our sponsor or its permitted transferees, the private placement warrants (i) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination, and (ii) will be entitled to registration rights. In addition, the private placement warrants will be identical except that the Class B.2 private placement warrants will (i) be non -redeemable; (ii) will not be subject to any forfeiture, transfer, exchange or amendment of the terms in connection with the business combination without the consent of the non -managingsponsor investors; and (iii) for a period beginning on the closing date of the Company’s initial business combination and ending on the expiration date of the Warrants, the Registered Holders shall have the right, but not the obligation, to exchange any of their Warrants for a number of Class A Shares equal to the quotient obtained by dividing (x) $0.60 by (y) the Market Price (as defined below) of the Class A Shares as of the date of such exchange; provided, however, that, in the case of clause (iii), the registered holders, to the extent that they are not non -managingsponsor member investors, may not exchange any warrants without the consent of these non -managingsponsor member investors; and provided further that, during the period set forth in clause (iii), if these non -managingsponsor member investors provide to the registered holders written instructions to exchange the warrants as provided in clause (iii), the registered holders will exchange the warrants in accordance with those instructions. The “Market Price” of the Class A ordinary shares as of any date shall mean an amount equal to the trading volume weighted average price of the Class A ordinary shares