Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 225

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 225
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 with respect to the ordinary shares held of record by the sponsor. Mr. Johnston disclaims any beneficial ownership of the securities held by SilverLode Capital LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

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(4)Includes up to 562,500 founder shares that will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)The non -managingsponsor investors have expressed to us an interest in purchasing (i) up to an aggregate of approximately [*] units in this offering at the offering price and (ii) through the sponsor, an aggregate of [**] private placement units at a price of $10.00 per private placement unit ($[**] in the aggregate); subject to each non -managingsponsor investor purchasing, through membership interests in the sponsor, the private placement units it has indicated its intention to purchase in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price to the non -managingsponsor investors at the closing of this offering reflecting interests in an aggregate of [***] founder shares held by sponsor. The non -managingsponsor investors are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose of any securities held by the sponsor, including the founder shares held by the sponsor. Immediately after this offering, our initial shareholders will beneficially own 20% of the then issued and outstanding ordinary shares (assuming they do not purchase any units in this offering). Prior to the closing of our initial business combination, only holders of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Because of this ownership block, our initial shareholders may be able to effectively influence the outcome of all other matters requiring approval by our shareholders, including the appointment of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a