Company: SPEG
Filing Date: 2025-05-20
Form Type: S-1/A
Source: 0001213900-25-045972
Chunk: 33

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-05-20
Form: S-1/A
Chunk 33
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 other special purpose acquisition companies similar to ours or may pursue other business or investment ventures during the period in which we are seeking an initial business combination. As a result, our sponsor, officers and directors could have conflicts of interest in determining whether to present business combination opportunities to us or to any other special purpose acquisition company with which they may become involved. Any such companies, businesses or investments may present additional conflicts of interest in pursuing an initial business combination target. However, based on the fact that there are many companies, businesses or investments that would be a suitable target for a business combination with us, and because we may consummate a business combination with a target in a broad array of industries, we do not believe that any such potential conflicts would materially affect our ability to complete our initial business combination. Prior to the date of this prospectus, we will file a Registration Statement on Form 8 -Awith the SEC to voluntarily register our securities under Section 12 of the Securities Exchange Act of 1934, as amended, or the Exchange Act. As a result, we will be subject to the rules and regulations promulgated under the Exchange Act. We have no current intention of filing a Form 15 to suspend our reporting or other obligations under the Exchange Act prior or subsequent to the consummation of our initial business combination. 13 Private Placements In June 2024, we issued an aggregate 4,312,500 Class B ordinary shares, which we refer to throughout this prospectus as the “founder shares,” for an aggregate purchase price of $25,000, or approximately $0.006 per share, to the sponsor. Subsequently, on February6, 2025, the Company, through a share capitalization, issued the sponsor an additional 1,437,500 Class B ordinary shares as bonus shares, bringing the aggregate number of founder shares to 5,750,000 Class B ordinary shares, resulting in a purchase price per Class B ordinary share of approximately $0.004. On May7, 2025, 1,916,667 Class B ordinary shares were surrendered by the sponsor, leaving 3,833,333 Class B ordinary shares with a purchase price of approximately $0.0075. The founder shares held by the sponsor includes an aggregate of up to 500,000 shares subject to forfeiture to the extent that the underwriters’ over -allotmentoption is not exercised in full, so that the sponsor will continue to own 25% of our issued and outstanding shares after