Silver Pegasus Acquisition Corp. Prices $100 Million IPO, Lists on Nasdaq Under "SPEGU"

Silver Pegasus Acquisition Corp. has priced its initial public offering of 10 million units at $10 each, with the units trading on Nasdaq under the ticker symbol "SPEGU". The company plans to concentrate its search on businesses in the semiconductor industry. The offering is expected to close on July 16, 2025, subject to customary closing conditions.

Silver Pegasus Acquisition Corp. (the “Company”) has priced its initial public offering (IPO) of 10 million units at $10 each, according to a press release issued on July 14, 2025. The units will be listed on the Nasdaq under the ticker symbol “SPEGU” beginning July 15, 2025. Each unit consists of one Class A ordinary share of the Company, with a par value of $0.00, and one right, each entitling the holder to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of an initial business combination. The offering is expected to close on July 16, 2025, subject to customary closing conditions [1].

The Company, led by Chairman of the Board of Directors, President, and Chief Executive Officer, Cesar Johnston, is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. While the Company may pursue an initial business combination in any industry, it intends to concentrate its search on businesses with a focus on the semiconductor industry [1].

Roth Capital Partners is acting as the book-running manager and sole underwriter for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 1,500,000 units to cover over-allotments, if any [1].

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, (800) 678-9147, or by accessing the SEC’s website, www.sec.gov [1].

The Company's IPO comes amidst a busy calendar for SPACs, with several other notable offerings scheduled for the same period. For example, Grande Group is set to go public on July 1, 2025, while CapsoVision, Inc. and Coastal Bancshares, Inc. are expected to follow on July 2, 2025 [2].

References:
[1] https://www.stocktitan.net/news/SPEGU/silver-pegasus-acquisition-corp-announces-pricing-of-100-million-kz2ld3kgstmq.html
[2] https://www.iposcoop.com/ipo-calendar/