Company: SPEG
Filing Date: 2025-05-20
Form Type: S-1/A
Source: 0001213900-25-045972
Chunk: 171

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-05-20
Form: S-1/A
Chunk 171
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 total size of this offering would be a maximum of 11,500,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 25% of the outstanding shares after this offering. Up to 500,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. If we increase or decrease the size of the offering, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of this offering in such amount as to maintain the number of founder shares at 25% of our issued and outstanding ordinary shares upon the consummation of this offering. Our sponsor and Roth have committed to, pursuant to written agreements, to purchase an aggregate of 3,250,000 private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised in full), at a price of $1.00 per private placement warrant, or $3,250,000 in the aggregate (, in a private placement that will close simultaneously with the closing of this offering. Of those 3,250,000 private placement warrants, our sponsor has agreed to purchase 2,000,000 private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised in full) and Roth has agreed to purchase 1,250,000 private placement warrants, which will be Class B.1 private placement warrants. Of the 2,000,000 private placement warrants purchased by the sponsor, the non -managingsponsor investors through the sponsor, will have economic interests in the 1,000,000 Class B.2 private placement warrants. The private placement warrants will also be worthless if we do not complete our initial business combination. The private placement warrants will be identical except that, so long as they are held by our sponsor or its permitted transferees, the private placement warrants (i) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination, and (ii) will be entitled to registration rights. In addition, the private placement warrants will be identical except that the Class B.2 private placement warrants will (i) be non -redeemable; (ii) will not be subject to any forfeiture, transfer,