Company: SPEG
Filing Date: 2025-05-20
Form Type: S-1/A
Source: 0001213900-25-045972
Chunk: 144

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-05-20
Form: S-1/A
Chunk 144
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 action”) in the name of any holder of our rights, such holder shall be deemed to have consented to: (x) the personal jurisdiction of the state and federal courts located in the State of New York in connection with any action brought in any such court to enforce the forum provisions (an “enforcement action”), and (y) having service of process made upon such rights holder in any such enforcement action by service upon such rights holder’s counsel in the foreign action as agent for such rights holder. This choice -of -forumprovision may limit a rights holder’s ability to bring a claim in a judicial forum that it finds favorable for disputes with our company, which may discourage such lawsuits. Alternatively, if a court were to find this provision of our rights agreement inapplicable or unenforceable with respect to one or more of the specified types of actions or proceedings, we may incur additional costs associated with resolving such matters in other jurisdictions, which could materially and adversely affect our business, financial condition and results of operations and result in a diversion of the time and resources of our management and board of directors. Our rights may have an adverse effect on the market price of our Class A ordinary shares and make it more difficult to effectuate our initial business combination. Our units include 10,000,000 rights (11,500,000 rights if the underwriters exercise their over -allotmentoption) which convert on a 10 -to-1basis upon the consummation of our initial business combination. As such, upon the consummation of our initial business combination the rights will convert into 1,500,000 Class A ordinary shares (or 1,150,000 Class A ordinary shares if the underwriters exercise their over -allotmentoption in this offering). In addition, our initial shareholders, officers and directors or their affiliates may, but are not obligated to, make certain loans to us, up to $1,500,000 of which may be converted upon consummation of our initial business combination into additional private placement warrants at a price of $1.00 per private placement warrant (which, for example, would result in the 87 holders being issued private placement warrants entitling the holder to an aggregate of 1,500,000 Class A ordinary shares upon exercise of the private placement warrants after the consummation of our initial business combination. To the extent we issue Class A ordinary shares to effectuate a business transaction, the potential for the issuance of a substantial number of additional Class A