Company: SPEG
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110444
Chunk: 2

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 on marketable securities held in Trust Account 
     989,876  
     —  
     989,876  
     — 
  
    Total other (expense) income, net 
     (785,256) 
     —  
     (785,256) 
     — 

    Net loss 
    $(967,044) 
    $(31,284) 
    $(1,013,443) 
    $(49,791)

    Weighted average shares outstanding, Class A ordinary shares 
     9,604,396  
     —  
     3,213,235  
     — 
  
    Basic and diluted net loss per share, Class A ordinary shares 
    $(0.07) 
    $—  
    $(0.15) 
    $— 
  
    Weighted average shares outstanding, Class B ordinary shares 
     3,750,915  
     3,333,333  
     3,473,039  
     3,333,333 
  
    Basic and diluted net loss per share, Class B ordinary shares 
    $(0.07) 
    $(0.01) 
    $(0.15) 
    $(0.01)

The accompanying notes are an integral part of
the unaudited condensed financial statements.

2

SILVER PEGASUS ACQUISITION CORP.

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’
DEFICIT

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER
30, 2025

(UNAUDITED)

    Class A Ordinary Shares  
    Class B Ordinary Shares  
    Additional
 Paid-in  
    Accumulated  
    Total Shareholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance — January 1, 2025 
        —  
    $     —  
     3,833,333  
    $383  
    $24,617  
    $(50,041) 
    $(25,041)

    Net loss 
     —  
     —  
     —  
     —  
     —  
     (23,562) 
     (23,562)