Company: SPEG
Filing Date: 2025-08-25
Form Type: 10-Q
Source: 0002077096-25-000055
Chunk: 3

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-08-25
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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2024

    Class A Ordinary Shares  
    Class B Ordinary Shares(1)  
    Additional Paid-in  
    Accumulated  
    Total Shareholder’s 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Equity 
  
    Balance — June 5, 2024 (inception) 
     —  
    $—  
     —  
    $—  
    $—  
    $—  
    $— 

    Issuance of Class B ordinary shares to Sponsor(1) 
     —  
     —  
     3,833,333  
     383  
     24,617  
     —  
     25,000 

    Net loss 
     —  
     —  
     —  
     —  
     —  
     (18,507) 
     (18,507)

    Balance – June 30, 2024 
     —  
    $—  
     3,833,333  
    $383  
    $24,617  
    $(18,507) 
    $6,493 

(1)Includes
an aggregate of up to 500,000 Class B ordinary shares subject to forfeiture by the holders thereof depending on the extent to which
the underwriters’ over-allotment option was exercised (Note 5). On July 16, 2025, the Company consummated its Initial Public
Offering and sold 11,500,000 Units, including 1,500,000 Units sold pursuant to the full exercise of the underwriters’ option to
purchase additional units to cover the over-allotment, hence the 500,000 shares of Class B ordinary shares were no longer subject to
forfeiture.

The accompanying notes are an integral part of
the unaudited condensed financial statements.

3

SILVER PEGASUS ACQUISITION CORP.

CONDENSED STATEMENTS OF CASH FLOWS

    For the   Six Months Ended June 30,

    For the Period from June 5, 2024 (inception) through June 30,

    2025

    2024

    (Unaudited)

    Cash Flows from Operating Activities:

    Net