Company: SPEG
Filing Date: 2025-07-15
Form Type: 424B4
Source: 0001213900-25-064326
Chunk: 36

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-07-15
Form: 424B4
Chunk 36
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.00 per Class B.2 private placement warrant ($1,000,000 in the aggregate) in a private placement that will close simultaneously with the closing of this offering. Subject to the non -managingsponsor investors purchasing, through the sponsor, the private placement warrants in connection with the closing of this offering, the sponsor will issue at a nominal purchase price to the non -managingsponsor investors, ownership interests in the aggregate of 1,333,333 founder shares. In the event the underwriters exercise their over -allotmentoption, the Company will offer no more than an aggregate of 3,250,000 private placement warrants in connection with this offering. The non -managingsponsor investors will have economic interests in the Class B.2 private placement warrants which are identical to the Class B.1 private placement warrants except that the Class B.2 private placement warrants will (i) be non -redeemable; (ii) will not be subject to any forfeiture, transfer, exchange or amendment of the terms in connection with the business combination without the consent of the non -managingsponsor investors; and (iii) for a period beginning on the closing date of the Company’s initial business combination and ending on the expiration date of the Warrants, the Registered Holders shall have the right, but not the obligation, to exchange any of their Warrants for a number of Class A Shares equal to the quotient obtained by dividing (x) $0.60 by (y) the Market Price (as defined below) of the Class A Shares as of the date of such exchange; provided, however, that, in the case of clause (iii), the registered holders, to the extent that they are not non -managingsponsor member investors, may not exchange any warrants without the consent of these non -managingsponsor member investors; and provided further that, during the period set forth in clause (iii), if these non -managingsponsor member investors provide to the registered holders written instructions to exchange the warrants as provided in clause (iii), the registered holders will exchange the warrants in accordance with those instructions. The “Market Price” of the Class A ordinary shares as of any date shall mean an amount equal to the trading volume weighted average price of the Class A ordinary shares on the principal market on which the Class A ordinary shares then trade as of such date for the ten (10) trading days immediately preceding such date. A portion of the proceeds from the private placement of the private placement