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Silver Pegasus Acquisition Corp. (Nasdaq: SPEGU) has successfully completed its initial public offering (IPO) of 11,500,000 units at $10.00 per unit, which includes the full exercise of the underwriters' over-allotment option of 1,500,000 units. Each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A Share upon business combination completion.
The units began trading on Nasdaq Global Market on July 15, 2025, under the symbol "SPEGU". Roth Capital Partners, LLC served as the sole manager for the offering. The company, formed as a Cayman Islands exempted company, aims to pursue business combinations in the semiconductors and systems solutions sector.
Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) has announced the pricing of its initial public offering of 10,000,000 units at $10.00 per unit, totaling $100 million. Each unit comprises one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon business combination completion.
The SPAC, led by CEO Cesar Johnston, aims to pursue business combinations in the semiconductor industry. The units will trade on Nasdaq as "SPEGU", with Class A shares and rights later trading separately under "SPEG" and "SPEGR". Roth Capital Partners serves as the sole underwriter, with a 45-day option to purchase up to 1,500,000 additional units for over-allotments.
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