Company: SPEG
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055713
Chunk: 163

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 163
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 book value, which is our total tangible assets less total liabilities (including the value of Class A ordinary shares which may be redeemed for cash), by the number of outstanding Class A ordinary shares. At March31, 2025 our net tangible book deficit was $(339,244), or approximately $(0.09) per ordinary share (or $(0.09) per ordinary share if the underwriters’ over -allotmentoption is exercised in full). After giving effect to the sale of 10,000,000 Class A ordinary shares included in the units we are offering by this prospectus (or 11,500,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full), the sale of the private placement warrants and the deduction of underwriting commissions and estimated expenses of this offering, our pro forma net tangible book value at March31, 2025 would have been $(5,081,803) or $(1.52) per share (or $(1.49) per share if the underwriters’ over -allotmentoption is exercised in full), representing an immediate increase in net tangible book value (as decreased by the value of 10,000,000 Class A ordinary shares that may be redeemed for cash, or 11,500,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full) of $(1.43) per share (or $(1.40) if the underwriters’ over -allotmentoption is exercised in full) to our initial shareholders as of the date of this prospectus and an immediate dilution to public shareholders from this offering of $11.52 per share. Total dilution to public shareholders from this offering will be $11.52 per share (or $11.49 if the underwriters’ over -allotmentoption is exercised in full). Such calculations do not reflect any dilution associated with the conversion of rights following the consummation of our initial business combination. The conversion of rights would cause the actual dilution to the public shareholders to be higher. Further, the issuance of additional ordinary or preference shares may significantly dilute the equity interest of public shareholders, which dilution would even further increase if the anti -dilutionprovisions in the Class B ordinary shares resulted in the issuance of Class A ordinary shares on a greater than one -to-onebasis upon conversion of the Class B ordinary shares. Further, the calculations do not reflect any dilution associated with