Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 122

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 122
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 determine to purchase fewer units in this offering, or none at all, or the underwriter may determine to sell fewer units to the non -managingsponsor investors, or none at all. Depending on how many units are purchased by the non -managingsponsor investors, the post -offeringtrading 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. Although we have no knowledge of any affiliation or other agreement or arrangement, as to voting of our securities or otherwise, among the non -managingsponsor investors, if such investors all elect to purchase the full amount of our units described herein and so long as they hold a substantial portion of the units purchased, the sponsor and the non managing sponsor investors would collectively own a significant number of our shares. Therefore, in the event that the non -managingsponsor investors purchase the full amount of units described herein, continue to hold the shares included in the units and individually decide to vote such shares in favor of our initial business combination, we would not need any additional public shares sold in this offering to be voted in favor of our initial business combination to have our initial business combination approved. Potential participation in this offering by our non-managing sponsor investors could reduce the public float for our securities. Our non -managingsponsor investors have indicated an interest to purchase up to an aggregate of approximately $[•] million of the units offered in this offering at the initial public offering price (assuming the exercise in full of the underwriter’s over -allotmentoption). While these indications of interest are not binding agreements or commitments to purchase, if our non -managingsponsor investors are allocated all or a significant portion of the units in which they have indicated an interest in this offering, and they purchase such units, such purchase or purchases could reduce the available public float for our securities if such parties hold these securities long -term, which could reduce liquidity and increase the volatility of our stock price. Since our sponsor, officers and directors and any other holder of our founder shares, including any non-managing sponsor investors will lose their entire investment in us if our initial business combination is not completed (other than with respect to any public shares they may acquire during or after this offering), and because our sponsor, officers and directors and any other holder of our founder shares, including any non-managing sponsor investors, directly or indirectly may profit substantially from a business combination as a result of their ownership