Company: SPEG
Filing Date: 2025-06-26
Form Type: S-1/A
Source: 0001213900-25-058468
Chunk: 302

Company: Silver Pegasus Acquisition Corp.
Filing Date: 2025-06-26
Form: S-1/A
Chunk 302
---
. federal income tax laws, including but not limited to: •banks, financial institutions or financial services entities; •broker -dealers; •taxpayers that are subject to the mark -to -markettax accounting rules; •tax -exemptentities; •governments or agencies or instrumentalities thereof; •insurance companies; •regulated investment companies; •real estate investment trusts; •expatriates or former long -termresidents of the United States; •except as specifically provided below, persons that actually or constructively own five percent or more (by vote or value) of our shares; •persons that acquired our securities pursuant to an exercise of employee share options, in connection with employee share incentive plans or otherwise as compensation; •persons that hold our securities as part of a straddle, constructive sale, hedge, wash sale, conversion or other integrated or similar transaction; •U.S. Holders (as defined below) whose functional currency is not the U.S. dollar; •controlled foreign corporations; •passive foreign investment companies; and •partnerships (or entities or arrangements classified as partnerships or other pass -throughentities for U.S. federal income tax purposes) and any beneficial owners of such partnerships. 187 Moreover, the discussion below is based upon the provisions of the Code, the Treasury regulations promulgated thereunder and administrative and judicial interpretations thereof, all as of the date hereof, and such provisions may be repealed, revoked, modified or subject to differing interpretations, possibly on a retroactive basis, which may result in United States federal income tax consequences different from those discussed below. Furthermore, this discussion does not address any aspect of United States federal non -incometax laws, such as gift or estate tax laws, or state, local or non -UnitedStates tax laws. We have not sought, and do not expect to seek, a ruling from the United States Internal Revenue Service (“IRS”) as to any United States federal income tax consequence described herein. The IRS may disagree with the discussion herein, and its determination may be upheld by a court. Moreover, there can be no assurance that future legislation, regulations, administrative rulings or court decisions will not adversely affect the accuracy of the statements in this discussion. If a partnership (or other entity or arrangement classified as a partnership or other pass -throughentity for United States federal income tax purposes) is the beneficial owner of our securities, the United States federal income tax treatment of a partner, member or beneficial owner in such partnership or other pass -through