Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 37

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 37
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 of one Class A ordinary share upon consummation of our initial business combination. In the event we will not be the surviving company upon completion of our initial business combination, each holder of a right will be required to affirmatively convert his, her or its rights in order to receive the one-tenth of a Class A ordinary share underlying each right upon consummation of the business combination. We will not issue fractional shares in connection with an exchange of rights. Fractional shares will be rounded down to the nearest whole share. As a result, you must hold rights in multiples of ten in order to receive shares for all of your rights upon the closing of a business combination. If we are unable to complete an initial business combination within the required time period and we redeem the public shares for the funds held in the trust account, holders of rights will not receive any of such funds for their rights and the rights will expire worthless. |

____________ (1)Assumes no exercise of the underwriters’ over -allotmentoption and 562,500 founder shares are surrendered to us for no consideration. (2)Includes up to 562,500 founder shares that will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (3)Comprised of 15,000,000 Class A ordinary shares included in the units to be sold in this offering and 3,750,000 Class B ordinary shares (or founder shares) and 550,000 Class A ordinary shares included in the private placement units. Founder shares are currently classified as Class B ordinary shares, which shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one -for-onebasis, subject to adjustment as described below adjacent to the caption “Founder shares conversion and anti -dilutionrights.” (4)Assumes surrender of all 562,500 founder shares. Up to 562,500 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)Comprised of 15,000,000 public rights included in the units to be sold in this offering (assuming no exercise of the underwriters’ over -allotmentoption) and 550,000 private placement rights included in the private placement units to be sold in the private placement.

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| Founder shares: |