Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 273

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 273
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 No stamp duty is payable in respect of the issue of the public rights, the units or the Class A ordinary shares. An instrument of transfer in respect of a public right, a unit or a Class A ordinary share is stampable if executed in or brought into the Cayman Islands. The Company has been incorporated under the laws of the Cayman Islands as an exempted company with limited liability and, as such, has applied for and received an undertaking from the Financial Secretary of the Cayman Islands in a form substantially similar to the following on July 2, 2024: “ The Tax Concessions Act
(Revised)
Undertaking as to Tax Concessions In accordance with the Tax Concessions Act (Revised), the following undertaking is hereby given to the Company: 1.That no law which is hereafter enacted in the Islands imposing any tax to be levied on profits, income, gains or appreciations shall apply to the Company or its operations; and 2.In addition, that no tax to be levied on profits, income, gains or appreciations or which is in the nature of estate duty or inheritance tax shall be payable: 2.1On or in respect of the shares, debentures or other obligations of the Company; or 2.2by way of the withholding in whole or in part of any relevant payment as defined in the Tax Concessions Act (Revised). These concessions shall be for a period of 20 years from the 2 ndday of *, 2024.” 172 United States Federal Income Tax Considerations General The following discussion summarizes certain United States federal income tax considerations generally applicable to the acquisition, ownership and disposition of our units (each consisting of one Class A ordinary share and right to receive one - tenthof one Class A ordinary share) that are purchased in this offering by U.S. Holders (as defined below) and Non -U.S. Holders (as defined below). Because the components of a unit are generally separable at the option of the holder, the holder of a unit generally should be treated, for United States federal income tax purposes, as the owner of the underlying Class A ordinary share and public rights components of the unit. As a result, the discussion below with respect to actual holders of Class A ordinary shares and public rights also should apply to holders of units (as the deemed owners of the underlying Class A ordinary shares and public rights that constitute the units). This discussion is limited to certain United States federal income tax considerations to