Company: SPEG
Filing Date: 2025-05-20
Form Type: S-1/A
Source: 0001213900-25-045972
Chunk: 97

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-05-20
Form: S-1/A
Chunk 97
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 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 price per share of approximately $0.004. On May7, 2025, the sponsor surrendered 1,916,667shares leaving 3,833,333 resulting in a price per share of $0.0075. Prior to the initial investment in the company of $25,000 by the sponsor, the company had no assets, tangible or intangible. The purchase price of the founder shares was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 11,500,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 25% of the outstanding shares after this offering. Up to 500,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. The founder shares will be worthless if we do not complete an initial business combination, except to the extent they receive liquidating distributions from assets outside of the trust account. In addition, our sponsor and Roth, the representative of the underwriters, have committed to purchase an aggregate of 3,250,000 private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised) for an aggregate purchase price of $3,250,000, or $1.00 per private placement warrant. Of those 3,250,000 private placement warrants, our sponsor has agreed to purchase 2,000,000 private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised) and Roth has agreed to purchase 1,250,000 private placement warrants. The non -managingsponsor investors have agreed to indirectly purchase, through the purchase of sponsor membership interests, an aggregate of 1,000,000 Class B.2 private placement warrants (whether or not the underwriters’ over -allotmentoption is exercised) at a price of $1.00 per Class B.2 private placement warrant ($1,000,000 in the aggregate in a private placement that will close simultaneously with the closing of this offering. Subject to each non -managingsponsor investor purchasing, through