Company: SPEG
Filing Date: 2025-06-18
Form Type: CORRESP
Source: 0001213900-25-055714
Chunk: 0

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-18
Form: CORRESP
Chunk 0
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| Julia Aryeh        
 Senior Counsel     
 345 Park Avenue    
 New York, NY 10154 | Direct   212.407.4043   
 Main     212.407.4000   
 Fax        212.407.4990 
 jaryeh@loeb.com         |

June 18, 2025

United States Securities and Exchange Commission
Division of Corporation Finance
Office of Real Estate & Construction
100 F Street, N.E.
Washington, DC 20549

| Re: | Silver Pegasus Acquisition Corp.                      
 Amendment No. 1 to Registration Statement on Form S-1 
 Filed May 20, 2025                                    
 File No. 333-284395                                   |

Attention: Howard Efron, Jennifer Monick, Pearlyne Paulemon and Pam Howell

On behalf of our client, Silver Pegasus Acquisition
Corp., a company organized under the laws of the Cayman Islands (the “Company”), we submit to the staff (the “Staff”)
of the Securities and Exchange Commission (the “Commission”) this letter setting forth the responses to the comments
contained in the Staff’s letter dated February 12, 2025 on the Company’s registration statement on Form S-1/A filed on May
20, 2025 (the “Registration Statement”).

Concurrently with the submission of this letter,
the Company is submitting its amendment to the Registration Statement on Form S-1/A2 (the “Amendment”) and certain exhibits
via EDGAR with the Commission.

The Staff’s comments are repeated below
in bold and are followed by the responses. We have included page references in the Amendment where the language addressing a particular
comment appears. Capitalized terms used but not otherwise defined herein have the meanings set forth in the Amendment. In addition to
addressing the Staff’s comments, the Amendment has been updated to include additional founder shares issued to the Sponsor.

Amendment No.1 to Form S-1 filed May 20, 2025

Cover Page

| 1. | Please revise to clearly state that there may be actual or potential material conflicts of interest between the sponsor, its affiliates, 
 or promoters on the one hand, and purchasers in the offering on the other hand. See Item 1602(a)(5) of Regulation S-K.                   |

Response: In response to the Staff’s
comment, the Company has revised the disclosure on the cover of the Amendment.

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