Company: SPEG
Filing Date: 2025-06-20
Form Type: S-1/A
Source: 0001213900-25-055713
Chunk: 253

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-20
Form: S-1/A
Chunk 253
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 designed to ensure a return on investment to the investor in exchange for assisting the company in completing the business combination or providing sufficient liquidity to the post -combinationcompany. These financing transactions may be significantly dilutive to the post -combinationcompany, and represent the type of financing risk that is not associated with traditional initial public offerings. We cannot assure you that financing will be available to us on acceptable terms, if at all. None of our initial shareholders, directors or officers or their affiliates are obligated to provide any such financing to us. To the extent that additional financing proves to be unavailable when needed to complete our initial business combination, we would be compelled to either restructure the transaction or abandon that particular business combination and seek an alternative target business candidate. 160 In order to facilitate a business combination, the sponsor shall be authorized to effectuate such forfeitures, transfer, earn -outs, or restrictions with respect to founder shares and private placement warrants, but not the Class B.2 private placement warrants, in such amounts and pursuant to such terms as it determines in its sole and absolute discretion. Any such forfeitures, transfers, earnouts, restrictions, amendments or arrangements shall first be applied to 1,166,667 founder shares interest held by the managing sponsor member (“First Loss Pool”), thereafter they shall be applied in the same manner and pro rata to all remaining founder shares. If the sponsor enters into any agreement that gives it the right to earn back or restore any portion of the value (regardless of form) or original terms of and founder shares or private placement warrants that were the subject of any forfeitures, transfers, earn -outs, or restrictions, then all private placement investors shall be provided the same rights on a pro rata basis. In addition, even if we do not need additional financing to complete our initial business combination, we may require such financing to fund the operations or growth of the target business. The failure to secure additional financing could have a material adverse effect on the continued development or growth of the target business. None of our directors, officers or shareholders is required to provide any financing to us in connection with or after our initial business combination. Policy for Approval of Related Party Transactions The audit committee of our board of directors will adopt a policy setting forth the policies and procedures for its review and approval or ratification of “related party transactions.” A “related party transaction” is any consummated or proposed transaction or series of transactions: (i) in which the company was or is to be a participant; (ii) the amount