Company: SPEG
Filing Date: 2025-08-25
Form Type: 10-Q
Source: 0002077096-25-000055
Chunk: 65

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-08-25
Form: 10-Q
Item: Part I, Item 8
Chunk 65
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The CODM assesses performance for the single
segment and decides how to allocate resources based on net income or loss that also is reported on the condensed statements of operations
as net income or loss. When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM
reviews several key metrics, which include the following:

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2025 
  
    General and administrative costs 
    $22,837  
    $46,399 

General and administrative costs are reviewed
and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete the Initial Public Offering and
eventually a Business Combination within the Combination Period. The CODM also reviews general and administrative costs to manage, maintain
and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

NOTE 9. SUBSEQUENT EVENTS 

The Company evaluated subsequent events and transactions
that occurred after the condensed balance sheet date up to the date that the unaudited condensed financial statements were issued. Based
upon this review, other than as described below, the Company did not identify any subsequent events that would have required adjustment
or disclosure in the unaudited condensed financial statements.

On July 14, 2025, the Company entered into an
agreement with the Sponsor or an affiliate to pay an aggregate of $10,000 per month for office space, utilities, and secretarial and
administrative support.

On July 16, 2025, the Company consummated the
Initial Public Offering of 11,500,000 units, which includes the full exercise by the underwriters of their over-allotment option in the
amount of 1,500,000 Units at $10.00 per Unit, generating gross proceeds of $115,000,000.

On July 16, 2025, simultaneously with the closing
of the Initial Public Offering, the Company consummated the sale of 3,250,000 warrants, comprising of two classes of warrants, consisting
of Class B.1 warrants and Class B.2 warrants at a price of $1.00 per Private Placement Warrant, in a private placement to the Sponsor
and to underwriters of the Initial Public Offering, generating gross proceeds of $3,250,000.

On July 16, 2025, upon the closing of the Initial
Public Offering,