Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 32

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 32
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 affect our ability to complete our initial business combination. Prior to the date of this prospectus, we will file a Registration Statement on Form 8 -Awith the SEC to voluntarily register our securities under Section 12 of the Securities Exchange Act of 1934, as amended, or the Exchange Act. As a result, we will be subject to the rules and regulations promulgated under the Exchange Act. We have no current intention of filing a Form 15 to suspend our reporting or other obligations under the Exchange Act prior or subsequent to the consummation of our initial business combination. Private Placements In June 2024, we issued an aggregate 4,312,500 Class A ordinary shares, which we refer to throughout this prospectus as the “founder shares,” for an aggregate purchase price of $25,000, or approximately $0.006 per share, to the sponsor. The founder shares held by the sponsor includes an aggregate of up to 562,500shares subject to forfeiture to the extent that the underwriters’ over -allotmentoption is not exercised in full or in part, so that the sponsor will continue to own 20% of our issued and outstanding shares after this offering (not including the private placement units described below and assuming the sponsor does not purchase units in this offering). In addition, the sponsor and the non -managingsponsor investors have committed to purchase an aggregate of 550,000 private placement units (or up to 606,250 units if the underwriters’ over -allotmentoption is exercised in full), each unit to include one Class A ordinary share and one right to receive one -tenthof a Class A ordinary share, at a price of $10.00 per private placement unit, or $5,500,000 in the aggregate (or up to $6,062,500 if the underwriters’ over -allotmentoption is exercised in full), in a private placement that will close simultaneously with the closing of this offering. Of those 550,000 private placement units, our sponsor has agreed to purchase 350,000 private placement units (or up to 406,250 if the underwriters exercise their over -allotmentoption) and Roth has agreed to purchase 200,000 private placement units. Each private placement unit includes one Class A ordinary share and one right to receive one -tenthof a Class A ordinary share. [*] institutional investors (none of which are affiliated with any member of our management, our sponsor or