Company: SPEG
Filing Date: 2025-01-21
Form Type: S-1
Source: 0001213900-25-005097
Chunk: 226

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-01-21
Form: S-1
Chunk 226
---
 jurisdiction outside the Cayman Islands), and approval of significant corporate transactions including our initial business combination. SPONSOR OWNERSHIP The following table sets forth information regarding the beneficial ownership of interests in SilverLode Capital LLC, our sponsor, by each person known by us to be the beneficial owner of more than 10% of its membership interests and each of our officers and directors;

| Name of Beneficial Owner |     | Before Offering |     |              |     | After Offering  |
| Number of                
 Shares                   
 Beneficially             
 Owned                    |     |     Approximate 
   Percentage of 
     Outstanding 
 Ordinary shares |     | Number of    
 Shares       
 Beneficially 
 Owned        |     | Approximate     
 Percentage of   
 Outstanding     
 Ordinary shares |
| Cesar Johnston*(1)       |     |       3,750,000 |     | 100%         |     |                 |
| George Jones             |     |                 |     |              |     |                 |
| Hassan Parsa             |     |                 |     |              |     |                 |
| Mike Noonen              |     |                 |     |              |     |                 |

____________ *Cesar Johnston is the managing member of the sponsor and directs its day to day operations. (1)Assumes that the underwriter’s over -allotmentoption has not been exercised. No non -managingsponsor investor will own a material amount of the interests of the sponsor or more than 9.9% of the equity interests in the sponsor, and the non -managingsponsor investors do not, under the sponsor’s operating agreement, have the right to take part in or interfere in any manner with the management, conduct or control of the business of the sponsor nor have the right to vote on any matter relating to the sponsor, its business or affairs. In addition, except in the case of incapacity, the non -managingsponsor investors have no right to remove the managing member of the sponsor. Further, our securities owned by the sponsor may not be withdrawn by any non -managingsponsor investor, and such securities would only be distributed to members pursuant to the terms of the sponsor’s operating agreement in connection with a business combination (absent the dissolution of the sponsor). The managing member of the sponsor also has the authority to forfeit our securities held by the sponsor in connection with a business combination without the approval of the non -managingsponsor investors as long as all members are treated equally. Accordingly, none