Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 313

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 313
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The accompanying notes are an integral part of the financial statements.

F-6 Silver Pegasus Acquisition Corp.
NOTES TO FINANCIAL STATEMENTS Note 1 — Organization and Business Operations Silver Pegasus Acquisition Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted corporation on June 5, 2024. The Company was incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses (the “Business Combination”). The Company has not selected any specific Business Combination target and the Company has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any Business Combination target with respect to an initial Business Combination with the Company. As of December31, 2024, the Company had not commenced any operations. All activity for the period from June 5, 2024 (inception) through December31, 2024 relates to the Company’s formation and the Proposed Public Offering (as defined below). The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non -operatingincome in the form of interest income on investments from the proceeds derived from the Proposed Public Offering (as defined below). The Company has selected December 31 as its fiscal year end. The Company’s Sponsor is SilverLode Capital LLC (the “Sponsor”). The Company’s ability to commence operations is contingent upon obtaining adequate financial resources through a Proposed Public Offering of 15,000,000 units at $10.05 per unit (the “Units”) (or 17,250,000 Units if the underwriters’ over -allotmentoption is exercised in full), which is discussed in Note 3 (the “Proposed Public Offering”), and the sale of an aggregate of 550,000 Private placement units (or 606,250 private placement units if underwriters’ over -allotmentoption is exercised in full) (the “Private placement units”) to the Sponsor and Roth, the representative of the underwriters of the Proposed Public Offering, at a price of $10.00 per private unit, or $5,500,000 in the aggregate (or $6,062,500 if underwriters’ over -allotmentoption is exercised in full), in a private placement that will close simultaneously with the Proposed Public Offering. Each Unit