Company: SPEG
Filing Date: 2025-06-26
Form Type: S-1/A
Source: 0001213900-25-058468
Chunk: 52

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-26
Form: S-1/A
Chunk 52
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 on their potential indirect investment in private placement warrants and founder shares. Whether or not the non-managing sponsor investors purchase any units in this offering or in the open market after this offering, the non-managing sponsor investors will have different interests than our other public shareholders in approving the initial business combination due to their indirect ownership of founder shares and private placement warrants. Depending on how many units are purchased by the non-managing sponsor investors, if any, the post-offering trading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors if the non-managing sponsor investors buy a substantial amount of units in this offering. |
|                                                         |     | There can be no assurance that the non-managing sponsor investors will acquire any units, either directly or indirectly, in this offering, or as to the amount of the units the non-managing sponsor investors will retain, if any, prior to or upon the consummation of our initial business combination. The non-managing sponsor investors may determine to purchase units in this offering, or none at all. In addition, the underwriter has full discretion to allocate the units to investors and may or may not sell any units to the non-managing sponsor investors, in order to satisfy applicable Nasdaq listing standards. The underwriter will receive the same upfront discounts and commissions and deferred underwriting commissions on units purchased by the non-managing sponsor investors, if any, as it will on the other units sold to the public in this offering.                                                                                                                                                                                                                     |
|                                                         |     | In addition, none of the non-managing sponsor investors have any obligation to vote any of their public shares in favor of our initial business combination. In the event that the non-managing sponsor investors purchase any units (either in this offering or after) and vote them in favor of our initial business combination, no affirmative votes from other public shareholders would be required to approve our initial business combination. However, because the non-managing sponsor investors are not obligated to continue owning any                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |

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|                                           |     | public shares following the closing and are not obligated to vote any public shares in favor of our initial business combination, we cannot assure you that any of these non-managing sponsor investors will be public shareholders at the time our shareholders vote on our initial business combination, and, if they are public shareholders, we cannot assure you as to how such non managing sponsor investors will vote on any business combination.