Company: SPEG
Filing Date: 2025-06-26
Form Type: S-1/A
Source: 0001213900-25-058468
Chunk: 254

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-26
Form: S-1/A
Chunk 254
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 the directors of the post -combinationbusiness to determine executive and director compensation. We have entered into a registration rights agreement with respect to the founder shares and private placement warrants, which is described under the heading “ Principal Shareholders — Registration Rights.” Additional Financing We have not selected any specific business combination target but intend to target businesses with enterprise values that are greater than what we could acquire with the net proceeds of this offering and the sale of the private placement warrants. As a result, if the cash portion of the purchase price exceeds the amount available from the trust account, net of amounts needed to satisfy any redemption by public shareholders, we may be required to seek additional financing to complete such proposed initial business combination. Such additional financing may be in the form of PIPE transactions or convertible debt transactions. These financing transactions would be designed to ensure a return on investment to the investor in exchange for assisting the company in completing the business combination or providing sufficient liquidity to the post -combinationcompany. These financing transactions may be significantly dilutive to the post -combinationcompany, and represent the type of financing risk that is not associated with traditional initial public offerings. We cannot assure you that financing will be available to us on acceptable terms, if at all. None of our initial shareholders, directors or officers or their affiliates are obligated to provide any such financing to us. To the extent that additional financing proves to be unavailable when needed to complete our initial business combination, we would be compelled to either restructure the transaction or abandon that particular business combination and seek an alternative target business candidate. 160 In order to facilitate a business combination, the sponsor shall be authorized to effectuate such forfeitures, transfer, earn -outs, or restrictions with respect to founder shares and private placement warrants, but not the Class B.2 private placement warrants, in such amounts and pursuant to such terms as it determines in its sole and absolute discretion. Any such forfeitures, transfers, earnouts, restrictions, amendments or arrangements shall first be applied to 1,166,667 founder shares interest held by the managing sponsor member (“First Loss Pool”), thereafter they shall be applied in the same manner and pro rata to all remaining founder shares. If the sponsor enters into any agreement that gives it the right to earn back or restore any portion of the value (regardless of form) or original terms of and founder shares or private placement warrants that were the subject of any forfeitures, transfers, earn -outs, or restrictions, then all private placement investors shall be provided the same rights on a pro rata basis.