Company: SPEG
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110444
Chunk: 5

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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081 
  
    Payment of operation costs through promissory note 
     61,303  
     15,648 
  
    Offering costs charged to profit and loss 
     111,383  
     — 
  
    Operating costs applied to prepaid contributed by Sponsor through promissory
note 
     —  
     26,000 
  
    Interest earned on marketable securities held in Trust Account 
     (989,876) 
     — 
  
    Change in fair value of rights liabilities 
     944,150  

    Change in fair value of warrant liabilities 
     719,600  

    Changes in operating assets and liabilities: 

    Prepaid expenses and other current assets 
     (176,098) 
     62 
  
    Accounts payable and accrued expenses 
     31,569  
     — 
  
    Long-term prepaid insurance 
     (28,088) 
     — 
  
    Net cash used in operating activities 
     (339,500) 
     — 

    Cash Flows from Investing Activities: 

    Investment of cash in Trust Account 
     (115,000,000) 
     — 
  
    Cash withdrawn from Trust Account to pay for franchise and income taxes 
     —  
     — 
  
    Net cash used in investing activities 
     (115,000,000) 
     — 

    Cash Flows from Financing Activities: 

    Proceeds from sale of Units, net of underwriting discounts paid 
     113,000,000  
     — 
  
    Proceeds from sale of Private Placement Warrants 
     3,250,000  
     — 
  
    Advances from related party 
     79  
     — 
  
    Repayment of promissory note – related party 
     (194,649) 
     — 
  
    Payment of offering costs 
     (263,829) 
     — 
  
    Net cash provided by financing activities 
     115,791,601  
     — 

    Net Change in Cash 
     452,101  
     — 
  
    Cash – Beginning of period 
     —  
     — 
  
    Cash – End of period 
    $452,101  
    $— 

    Non-c