Company: SPEG
Filing Date: 2025-06-26
Form Type: S-1/A
Source: 0001213900-25-058468
Chunk: 23

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-26
Form: S-1/A
Chunk 23
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 ordinary shares and equity -linkedsecurities issued or deemed issued, in connection with the closing

6 of the initial business combination (excluding any shares or equity -linkedsecurities issued, or to be issued, to any seller in the initial business combination and any private placement -equivalentwarrants issued to our sponsor or any of its affiliates or to our officers or directors upon conversion of working capital loans and excluding the up to 30,000 Class A ordinary shares that would be issued to Roth or its affiliates, depending upon the extent to which the over -allotmentoption is exercised, minus (iii) any redemptions of Class A ordinary shares by public shareholders in connection with an initial business combination; provided that such conversion of initial shares will never occur on a less than one -for -onebasis. In addition, in order to facilitate our initial business combination, our sponsor may surrender or forfeit, transfer or exchange our founder shares, private placement warrants or any of our other securities, including for no consideration, as well as subject any such securities to earn -outsor other restrictions, or otherwise amend the terms of any such securities or enter into any other arrangements with respect to any such securities. If we raise additional funds through equity or convertible debt issuances, our public shareholders may suffer significant dilution. This dilution would increase to the extent that the anti -dilutionprovision of the founder shares result in the issuance of Class A ordinary shares on a greater than one -to -onebasis upon conversion of the founder shares at the time of our initial business combination. In addition, the conversion of the rights would further increase the dilution to our public shareholders. The founder shares and the private placement warrants held by the sponsor will only be distributed to the members of the sponsor (including the non -managingsponsor members) after consummation of our initial business combination, at which time such non -managingsponsor members would become subject to the applicable transfer restrictions with respect to such securities. Of the 3,250,000 private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised), Roth has agreed to purchase 1,250,000 Class B.1 private placement warrants, and it is anticipated that the sponsor will retain an economic interest in 1,000,000 Class B.1 private placement warrants, after taking into effect the issuances of membership interests to the independent directors, and the non -managingsponsor investors will retain economic interests in the